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    64e Hwy Murphy, NC 28906

    Sponsored
    For Sale
    $2,050,000

    Highway frontage, golf course views. Exceptional location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 41-acre commercial parcel presents a truly unique investment opportunity in Murphy, North Carolina. Ideally situated on Highway 64 East Alternate and Harshaw Place, the property boasts unparalleled visibility and accessibility. One boundary directly fronts the highway, ensuring high traffic exposure for any commercial development. The other side shares a border with a golf course, offering stunning views and a tranquil setting. The land itself is remarkably flat, significantly reducing development costs and complexities. This characteristic makes it suitable for a wide range of commercial uses, from retail and hospitality to light industrial or office space. The expansive acreage provides ample room for large-scale projects or the potential for subdivision into smaller lots. Given its prime location and desirable features, this property represents a rare chance to acquire a highly valuable commercial asset in a growing area. The strategic positioning at the intersection of a major highway and a prestigious golf course guarantees significant long-term potential for appreciation and strong rental income. This is a truly exceptional opportunity not to be missed. The asking price is $2,050,000.

    Property Features for 64e Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    1,785,960 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Murphy
    County
    Cherokee
    State
    North Carolina
    Longitude
    -84.02622
    Latitude
    35.07973

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    FAQs

    What type of property is this?
    Commercial real estate - Highway frontage, golf course views. Exceptional location.
    Where is this commercial real estate located?
    The property is located at 64e Hwy Murphy, NC.
    What is the asking price?
    The asking price for this property is $2,050,000.
    (828) 837-3002
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    64e Hwy Murphy, NC 28906
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    Realmo Value Estimation

    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.

    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.

    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
    64e Hwy Murphy, NC 28906
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