Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    41 Upper Shut In Rd Hot Springs, NC 27843

    For Sale
    $164,500

    Half-acre lot with a 1950s stone building and residence.

    Property Features for 41 Upper Shut In Rd

    General Information

    Standard status
    Active

    Building Details

    Year built
    1955

    Source: EXP REALTY LLC Agent MATTHEW MUBARAK

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Lot with Stone Building

    This property features a half-acre corner lot improved with a 1950s stone building and attached residence, situated right off US Hwy 25/70. The level land includes paved parking, a grassy yard, and mature shade trees. Existing utilities include well water, electricity, septic, phone, and fiber/satellite internet. The single-story building has a metal roof and a solid river-rock exterior. The interior, which requires remodeling and is being sold as is, contains a large open space, a kitchen/dining area, a bathroom, a living room, and two additional rooms. The property is suitable for a home-based business, shop, or creative space. It is located minutes from downtown Hot Springs, the French Broad River, Pisgah National Forest, and the Appalachian Trail.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Hot Springs
    County
    Madison
    State
    North Carolina
    Longitude
    -77.441
    Latitude
    35.9841

    FAQs

    What type of property is this?
    Storefront property - Half-acre lot with a 1950s stone building and residence.
    Where is this storefront property located?
    The property is located at 41 Upper Shut In Rd Hot Springs, NC.
    What is the asking price?
    The asking price for this property is $164,500.
    What are key features of this property?
    This property features: - Half+ acre corner lot with **existing 1950s stone building and attached residence.**; - **Prime location right off US Hwy 25/70, minutes from downtown Hot Springs.**; - Level land with paved parking, grassy yard, and big shade trees.
    (888) 584-9431
    Request Owner's contact information
    41 Upper Shut In Rd Hot Springs, NC 27843
    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.
    41 Upper Shut In Rd
    Hot Springs, NC 27843
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    41 Upper Shut In Rd Hot Springs, NC 27843
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.