Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Secluded Mountain Retreat with River Frontage Title is generated by Realmo AI

    132 Howser Drive, Casar, NC 28020

    View on Map
    Claim this Listing
    For Sale
    $1,850,000

    LAND - Casar, NC

    Lot size:
    76.00 Acres
    Added:
    Apr 11, 2026
    Days on Market:
    46
    Last Refresh:
    May 26 at 8:06 pm

    Property Features for 132 Howser Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    38578
    Lot size
    76.00 Acres

    Taxes and HOA fees

    Tax Description
    93 AC RD 1560

    Utilities

    Sewer type
    Septic Needed

    We can help!

    Listing Contact
    Andi McLeymore
    Andi McLeymore

    Listing agent Andi McLeymore

    Listing office EXP Realty LLC Ballantyne 3440 Toringdon Way Ste 205, NC

    Listing date Apr 11, 2026

    MLS# 4367691 Listing URL

    Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 76‑acre mountain retreat with over half a mile of pristine river frontage on the First Broad River.
    • Breathtaking, long‑range views of the South Mountains, Cherry Mountain, and the Blue Ridge.
    • Unmatched privacy and seclusion with strategic timber buffers.
    • Premier hilltop homesite with approximately 7 acres of open, newly established grass, ready for building.
    • Multiple water features including frontage on No Business Creek and interior streams.
    • Conveniently located within an hour of Charlotte, Asheville, and Spartanburg.

    Overview

    This 76-acre mountain property offers over half a mile of river frontage and long-range views, providing privacy and seclusion. The property includes approximately half a mile of frontage on the First Broad River, with two drivable river access points. Additional water features include frontage on No Business Creek and multiple interior streams. Sweeping views encompass the South Mountains, Cherry Mountain, and the Blue Ridge. A hilltop homesite features approximately 7 acres of open, newly established grass. Strategic timber buffers surround the property, offering seclusion. Existing internal road systems provide access throughout. The land is suited for a private mountain estate, family compound, recreational getaway, or long-term investment. Located in a rural area with relaxed zoning restrictions, the property is approximately one hour from Charlotte, under an hour from Asheville or Spartanburg, and within easy reach of Greenville and Hickory. The property can be purchased as a package with an additional 17 acres including an income producing campground.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Casar
    County
    Cleveland
    State
    North Carolina
    Longitude
    -81.6409
    Latitude
    35.5248

    Nearby Similar for Sale

    • $775,000

      Expansive Land in Casar, NC

      Two parcels totaling over 192 acres in Casar, North Carolina.
      329 Leman Gap Road, Casar, NC 28020
      View Details
    • $490,000

      Established Campground with Mountain Views

      Income-producing campground on 17 acres with utilities and bathhouse.
      132 Howser Drive, Casar, NC 28030
      View Details
    • $799,900

      Farm with Equestrian Facilities

      56-acre farm with equestrian facilities and comfortable country living.
      301 Corinth Church Circle, Casar, NC 28620
      View Details
    • $85,000

      Wooded Land with Creek

      Rural wooded property with creek in Cleveland County, North Carolina.
      304 Moriah school Road, Casar, NC 28020
      View Details
    • $429,000

      Tillable Land with Mountain Views

      Vacant land suitable for horses, cattle, or homestead.
      00 Moriah School Road, Casar, NC 28020
      View Details
    • $40,000

      Casar, NC 1.97-Acre Land Parcel

      1.97-acre property suitable for homesite, mini farm, or retreat.
      00 Casar Road, Casar, NC 28020
      View Details
    • $1,600,000

      Sprawling Unrestricted Land in Casar, NC

      248-acre property with mature timber, pasture, and development potential.
      Wards Gap Road, Casar, NC 28020
      View Details
    • $429,000

      Land For Sale in Casar

      Land available in Cleveland County, Casar, North Carolina.
      00 Moriah School Road, Casar, NC 28020
      View Details
    • $119,900

      Recreational Land with Creek Access

      10.14 acre tract with diverse timber and water source.
      335 Woodrow Hoyle Road, Casar, NC 28020
      View Details
    • $50,000

      Land in Peaceful Casar Foothills

      5.36 acres for dream home or retreat near South Mountains.
      219 Judy Road, Casar, NC 28020
      View Details
    • $60,000

      Unrestricted Land with Mountain Views

      3.53 acres of unrestricted land with mountain views.
      218 Jesse Mountain Road, Casar, NC 28020
      View Details

    FAQs

    What type of property is this?
    Land - 76-acre mountain retreat with river frontage and long-range views.
    Where is this land located?
    The property is located at 132 Howser Drive Casar, NC.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: 76‑acre mountain retreat with over half a mile of pristine river frontage on the First Broad River.; Breathtaking, long‑range views of the South Mountains, Cherry Mountain, and the Blue Ridge.; Unmatched privacy and seclusion with strategic timber buffers.
    (704) 689-6873
    We can help!
    Listing Contact
    Andi McLeymore
    Andi McLeymore
    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

    Thank You for Inquiry
    132 Howser Drive, Casar, NC 28020
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!