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    216 Clubhouse Ct Murphy, NC 28906

    Sponsored
    For Sale
    $2,800,000

    Prime 177-Acre Commercial Land, Stunning Views

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 177-acre commercial property presents a unique development opportunity in Murphy, North Carolina. Situated less than five miles from the vibrant downtown area, this location offers unparalleled convenience and accessibility. The property boasts a substantial existing clubhouse, perfect for repurposing or integration into a new development. Recreational amenities include a swimming pool and tennis courts, adding significant value and potential for various uses. The land itself is the former site of a golf course, providing expansive, beautifully landscaped grounds with breathtaking views. Its proximity to key attractions such as Tri County Community College, the renowned John C. Campbell Folk School, and Harrah's River Valley Casino ensures high visibility and potential for attracting a diverse clientele. The substantial acreage allows for a wide range of development possibilities, from residential to commercial ventures, potentially including hospitality, retail, or mixed-use projects. This is a rare chance to acquire a significant parcel of land in a rapidly growing area with established infrastructure and strong tourism appeal. The existing clubhouse and recreational facilities offer immediate potential for revenue generation or redevelopment. Serious inquiries are encouraged to explore the full potential of this remarkable property. Detailed site plans and further information are available upon request. The asking price is $2,800,000.

    Property Features for 216 Clubhouse Ct

    General Information

    Property type
    Other commercial real estate
    Lot Size
    7,710,120 SF

    Building Details

    Year Built
    1969
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Murphy
    County
    Cherokee
    State
    North Carolina
    Longitude
    -83.98971
    Latitude
    35.0627

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 177-Acre Commercial Land, Stunning Views
    Where is this commercial real estate located?
    The property is located at 216 Clubhouse Ct Murphy, NC.
    What is the asking price?
    The asking price for this property is $2,800,000.
    (828) 837-3002
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    216 Clubhouse Ct Murphy, NC 28906
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    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
    216 Clubhouse Ct Murphy, NC 28906
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