Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    000 Wayah Zooshuga Rd Maggie Valley, NC 28751

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land with bold creek frontage, septic, and spring.

    Property Features for 000 Wayah Zooshuga Rd

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Rhonda Allen
    Source: Corcoran

    Listing Agent: Rhonda Allen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Land with Creek Frontage

    This property, located outside of Maggie Valley city limits, features bold creek frontage. It includes a septic system and a spring. The wooded land is populated with blooming Mountain Laurels and wildlife. The property is suitable for RVs, campsites, tiny homes, or a cabin. Fishing is possible directly on the property. It is located 15 minutes from Cherokee or Waynesville.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Real Estate Agency Dental Office Hotel & Motel Department Store Bar & Pub Discount Store Furniture & Home Goods Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Maggie Valley
    County
    Haywood
    State
    North Carolina
    Longitude
    -83.14595
    Latitude
    35.511036

    Nearby Similar for Sale

    • $500,000
      0.20 Acres

      Creekside Duplex with Income Potential

      Duplex in Maggie Valley with income and growth potential.
      61 Riverside Villa Dr, Maggie Valley, NC 28751
      View Details
    • $315,000
      864 SF

      Maggie Valley Commercial Building For Sale

      864 sq ft commercial building on high-traffic Soco Road.
      1369 Soco Rd, Maggie Valley, NC 28751
      View Details
    • $995,000
      4,340 SF

      Maggie Valley Restaurant Opportunity

      Commercial restaurant opportunity with strong financial performance and mountain views.
      4352 Soco Rd, Maggie Valley, NC 28751
      View Details
    • $580,000
      2,030 SF

      Versatile Commercial Building and Cabin

      Commercial building and cabin on high-traffic road, ideal for investors.
      1361 Soco Rd, Maggie Valley, NC 28751
      View Details
    • $860,000
      6,581 SF

      Blue Ridge Mountain Motel Opportunity

      15-unit motel in the Blue Ridge and Great Smoky Mountains.
      11242 Us 19 Hwy, Maggie Valley, NC 28751
      View Details
    • $580,000

      Versatile Commercial Building and Cabin

      Commercial building and cabin on high-traffic Soco Road.
      1361 Soco Rd, Maggie Valley, NC 28751
      View Details
    • $315,000

      Versatile Commercial Building on Soco Road

      864 SF commercial building on high-traffic Soco Road.
      1369 Soco Rd, Maggie Valley, NC 28751
      View Details
    • $369,000
      1,496 SF

      Maggie Valley End Unit Townhouse

      Well-maintained 3BR townhouse in Maggie Valley, close to amenities.
      37 George Cir, Maggie Valley, NC 28751
      View Details
    • $1,100,000
      4,340 SF

      Maggie Valley Restaurant - $1.1M

      Turnkey Restaurant, Mountain Views, High Traffic
      4352 Soco Rd, Maggie Valley, NC 28751
      View Details
    • Contact for pricing

      Maggie Valley Mobile Home with Yard

      3-bedroom, 2-bath mobile home with spacious yard in Maggie Valley.
      3800 Soco Rd, Maggie Valley, NC 28751
      View Details

    FAQs

    What type of property is this?
    Land - Land with bold creek frontage, septic, and spring.
    Where is this land located?
    The property is located at 000 Wayah Zooshuga Rd Maggie Valley, NC.
    What are key features of this property?
    This property features: - Bold Creek frontage offers a serene natural feature.; - Septic system in place for immediate convenience.; - Spring on property provides a natural water source.
    Request Owner's contact information
    000 Wayah Zooshuga Rd Maggie Valley, NC 28751
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    000 Wayah Zooshuga Rd
    Maggie Valley, NC 28751
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 Wayah Zooshuga Rd Maggie Valley, NC 28751
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Rhonda Allen
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!