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

    0000 Big Laurel Road Marshall, NC 28753

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $115,000

    Wooded tract for off-grid living, recreation, or homestead.

    Type:Land or Vacant Lot
    Lot size:
    14.87 Acres
    Added:
    Jul 1, 2024
    Days on Market:
    667
    Last Refresh:
    Apr 5 at 11:15 pm

    Property Features for 0000 Big Laurel Road

    General Information

    Standard status
    Active
    Lot size
    14.87 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    LORI ENGLISH

    Listing agent LORI ENGLISH

    Listing office RE/MAX RESULTS

    Listing date Jul 1, 2024

    Source Corcoran

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

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX RESULTS

    Overview

    14.87 Acres of Mountain Living

    This 14.87-acre wooded tract offers privacy and a peaceful natural setting suitable for off-grid living, recreation, or a quiet homestead retreat. The property features access via a state-maintained road, with a scenic drive along Big Laurel Creek. The land has no restrictions, abundant wildlife, and direct access to Big Laurel Creek, known for excellent trout fishing. With some clearing, the ridge may offer long-range mountain views. The property is conveniently located near Marshall, Mars Hill, Weaverville, and Asheville, offering a balance of quiet mountain life and access to nearby towns.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Garden Center (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Marshall
    County
    Madison
    State
    North Carolina
    Longitude
    -82.7151
    Latitude
    35.9274

    Nearby Similar for Sale

    • $12,490

      Land in Gated Community

      1.31 acre parcel with creek access and mountain views.
      Bear River Lodge lot: 105, , NC 28753
      View Details
    • $9,900

      Land in Gated Community

      5.23+- acre parcel in Bear River Lodge community.
      Bear River Lodge Trail lot: 78, , NC 28753
      View Details
    • $150,000

      Marshall, NC Homesite with Views

      3.62-acre homesite with mountain views, ready to build.
      890 Fisher Branch Road, Marshall, NC 28753
      View Details
    • $149,900

      Marshall, NC Land Homesite

      2.29-acre homesite with views and community amenities in Marshall, NC.
      51 Wild Turkey Loop, Marshall, NC 28753
      View Details
    • $79,000

      Scenic Land Parcel in Marshall

      5.86 acres with mountain views near Marshall and Mars Hill.
      99999 Morgan Branch Road, Marshall, NC 28753
      View Details
    • $279,000

      Marshall, NC Pasture Land

      9.52 acres of pasture land perfect for homesteading.
      330 Tilson Branch Road, Marshall, NC 28753
      View Details
    • $55,000

      Marshall Land with River Views

      1.8-acre parcel with long-range views near French Broad River.
      99999 Anderson Branch, Marshall, NC 28753
      View Details
    • $100,000

      Land in Gated Community

      2-acre lot with mountain views, ready for custom home.
      149 Turkey Trot Trail, Marshall, NC 28753
      View Details
    • $50,000

      Unrestricted Land Parcel in Marshall, NC

      1.2-acre unrestricted land near outdoor activities and mountain towns.
      TBD 1.2 Acres Jass Cove Road, Marshall, NC 28753
      View Details
    • $225,000

      Marshall, NC Land with Views

      10.4+ acres with mountain views, streams, and subdividable potential.
      99999 Bear Creek Road, Marshall, NC 28753
      View Details
    • $40,000

      Unrestricted Land in Marshall, NC

      1.21 acre unrestricted parcel perfect for mountain retreat.
      TBD 1.21 Acres Jass Cove Road, Marshall, NC 28753
      View Details
    • $199,000

      Marshall, NC Homesite Opportunity

      3.24-acre homesite in Madison County with community amenities.
      111 Wild Turkey Loop, Marshall, NC 28753
      View Details

    FAQs

    What type of property is this?
    Recreation land - Wooded tract for off-grid living, recreation, or homestead.
    Where is this recreation land located?
    The property is located at 0000 Big Laurel Road Marshall, NC.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: 14.87 acres of unrestricted land with direct access to Big Laurel Creek.; Ideal for off‑grid living, recreation, or a homestead retreat.; Abundant wildlife and excellent trout fishing in Big Laurel Creek.
    (828) 678-2500
    We can help!
    Listing Contact
    LORI ENGLISH
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!