Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land in Green Mountain Title is generated by Realmo AI

    4000 NC-197, Burnsville, NC

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land available in Green Mountain, Yancey County, North Carolina.

    Type:LAND
    Lot size:
    189.86 Acres
    Added:
    Oct 3, 2025
    Days on Market:
    232
    Last Refresh:
    Apr 5 at 8:55 pm

    Property Features for 4000 NC-197

    General Information

    Standard status
    Active
    Lot size
    189.86 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Frances Crisler

    Listing agent Frances Crisler

    Listing office Cushman & Wakefield | Charlotte

    Listing date Oct 3, 2025

    Source Moodyscre

    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 Cushman & Wakefield | Charlotte

    HighLights

    • Green Mountain offers a small‑town environment, ideal for those seeking a close‑knit community.
    • Located in Yancey County, which has a population of 18,470.
    • Yancey County is a Tier 2 county, potentially offering incentives for businesses.
    • Tax considerations may be available to qualifying businesses through the North Carolina Department of Commerce.
    • Limited commercial sales activity in Green Mountain.
    • Limited commercial lease activity in Green Mountain.

    Overview

    Located in Green Mountain, Yancey County, North Carolina, this land offers a unique opportunity. Green Mountain has a population of 637 people, while the surrounding Yancey County has a population of 18,470. Yancey County is designated as a Tier 2 county by the North Carolina Department of Commerce, potentially providing incentives and tax considerations to qualifying businesses. The area sees very few commercial sales or leases.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Burnsville
    County
    Yancey
    State
    North Carolina
    Longitude
    -82.301
    Latitude
    35.9173

    Nearby Similar for Sale

    • $699,999
      11,260 SF

      Multi-Use Suite Complex For Sale

      Multi-use suite complex in Celo Community, Yancey County.
      4188 State Hwy 80 S, Burnsville, NC 28714
      View Details
    • $995,000
      3,443 SF

      Prime Downtown Burnsville Commercial Property

      High-visibility commercial building on 0.85 acres in downtown Burnsville.
      506 W Main Street, Burnsville, NC 28714
      View Details
    • $799,000

      Versatile Highway Frontage Property

      Luxury property with commercial potential in Burnsville, North Carolina.
      7854 E US Highway 19E, Burnsville, NC 28714
      View Details
    • $799,000
      2,800 SF

      Versatile Land with Mountain Views

      14.52 acres with hanger/building, suitable for various uses.
      124 Shootout Lane, Burnsville, NC 28714
      View Details
    • $675,000

      Burnsville Commercial Property with Auto Shop

      4.28 acres with established auto service business and expansion potential.
      23 Lana Lane, Burnsville, NC 28714
      View Details
    • $37,900

      Land in The Cove

      Timbered building lot with mountain views and recreation areas.
      Hickory Springs Road, Burnsville, NC 28714
      View Details
    • $400,000

      25 Acres Usable Mountain Land

      Private acreage with pasture, woods, water, and comfortable cabin.
      292 Crow Lane, Burnsville, NC 28714
      View Details
    • $180,000

      Mountain Land with Creek Frontage

      Two parcels totaling four acres near Mount Mitchell.
      446 Rocky Fork Road, Burnsville, NC 28714
      View Details
    • $135,000

      Mountain Land in Burnsville, NC

      14+ acres of mountain land perfect for cabin or homestead.
      Bee Branch Road, Burnsville, NC 28714
      View Details
    • $69,000

      Flat Buildable Lot in Burnsville

      Easily buildable lot in gated mountain community near Asheville.
      The Cove at Celo Mountain lot: 1, Burnsville, NC 28714
      View Details
    • $61,000

      Homesite in Gated River Community

      1.95-acre homesite with amenities near Toe River.
      High Peak Drive, Burnsville, NC 28740
      View Details
    • $199,000

      Highway Frontage Commercial Land Parcel

      Two-acre commercial parcel with highway frontage and versatile use potential.
      6045 US 19E Highway, Burnsville, NC 28714
      View Details

    FAQs

    What type of property is this?
    Land - Land available in Green Mountain, Yancey County, North Carolina.
    Where is this land located?
    The property is located at 4000 NC-197 Burnsville, NC.
    What are key features of this property?
    This property features: Green Mountain offers a small‑town environment, ideal for those seeking a close‑knit community.; Located in Yancey County, which has a population of 18,470.; Yancey County is a Tier 2 county, potentially offering incentives for businesses.
    (404) 312-4359 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Frances Crisler
    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

    Thank You for Inquiry
    4000 NC-197, Burnsville, NC
    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!