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    1665 Highlands Rd Franklin, NC 28734

    Sponsored
    For Sale
    $599,000

    3.63 Acres, US 64 Frontage

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 3.63-acre commercial parcel presents a significant investment opportunity in Franklin, North Carolina. Located at 1665 Highlands Road, the property boasts significant visibility due to its frontage on US 64 (Highlands Road) at the strategic 441/64 interchange. Its prominent position ensures high traffic exposure, making it ideal for a variety of commercial uses. The land itself is largely flat and partially graded, simplifying development. Enjoy breathtaking long-range mountain views, a rare and desirable feature for commercial properties in this area. The property's accessibility is further enhanced by its visibility from US 441 (Sylva Road). This prime location is well-suited for a diverse range of commercial ventures, including restaurants, hotels, or shopping centers. The absence of deeded restrictions offers flexibility in development plans. However, potential buyers should be aware that the property is subject to Franklin C-2 Secondary Commercial Zoning regulations. This presents a unique chance to acquire a substantial, well-situated commercial lot with significant development potential in a thriving community. The asking price for this exceptional property is $599,000. Serious inquiries are encouraged.

    Property Features for 1665 Highlands Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    158,123 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Macon
    State
    North Carolina
    Longitude
    -83.35296
    Latitude
    35.17625

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    FAQs

    What type of property is this?
    Commercial real estate - 3.63 Acres, US 64 Frontage
    Where is this commercial real estate located?
    The property is located at 1665 Highlands Rd Franklin, NC.
    What is the asking price?
    The asking price for this property is $599,000.
    (828) 349-4600
    Request Owner's contact information
    1665 Highlands Rd Franklin, NC 28734
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    Franklin, NC 28734
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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
    1665 Highlands Rd Franklin, NC 28734
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