Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Tuckasegee Land with Lake Views Title is generated by Realmo AI

    718 Oat Field Road lot 2, Tuckasegee, NC 28783

    View on Map
    Claim this Listing
    For Sale
    $105,000

    LAND - Tuckasegee, NC

    Lot size:
    10.21 Acres
    Added:
    Mar 27, 2026
    Days on Market:
    67
    Last Refresh:
    Jun 1 at 10:06 pm

    Property Features for 718 Oat Field Road lot 2

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Partially Wooded
    Standard status
    Active
    APN
    7577605099
    Lot size
    10.21 Acres

    Taxes and HOA fees

    Tax Annual Amount
    234

    We can help!

    Listing Contact
    Wanda S. Herren

    Listing agent Wanda S. Herren License #215990

    Listing office WESTERN CAROLINA PROPERTIES-Dillsboro Po Box 366, DILLSBORO, NC

    Listing date Mar 27, 2026

    MLS# 26008093 Listing URL

    Copyright © 2026 Carolina Smokies Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Estate‑sized lot with views of Cedar Cliff and Bear Lake (potentially year‑round with tree trimming).
    • Three‑bedroom septic approval from 2003 already in place.
    • House pad already in place, ready for construction.
    • Underground utilities and driveway are already installed.
    • Close proximity to public access points for Tuckasegee River (kayaking, rafting) and Cedar Cliff Lake (boating).
    • No HOA fees.

    Overview

    This 10.21-acre estate-sized lot in Tuckasegee, NC, offers underground utilities, a driveway, and a house pad. A three-bedroom septic approval was obtained in 2003. The property provides views of Cedar Cliff and Bear Lake, potentially year-round with tree trimming. It is located a short distance from two public Duke Energy entrances to the west fork of the Tuckasegee River, suitable for kayaking and rafting, as well as the public entrance to the boating area on Cedar Cliff Lake. The property is located at 718 Oat Field Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Building Supply Department Store Food Market Grocery & Convenience Store Travel Agency Supermarket

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

    Location Insight

    • Map
    • Local Demand
    City
    Tuckasegee
    County
    Jackson
    State
    North Carolina
    Longitude
    -83.098996
    Latitude
    35.247031

    Nearby Similar for Sale

    • $326,000

      Lakefront Land Opportunity

      2.22-acre homesite on Cedar Cliff Lake with utilities in place.
      134 Dars Lane lot: 7, Tuckasegee, NC 28783
      View Details
    • $899,000

      Wolf Lake Waterfront Land Opportunity

      Rare 6.35-acre waterfront property on Wolf Lake, North Carolina.
      16C/16D Vess Owen Road, Tuckasegee, NC 28783
      View Details
    • $189,000

      Tuckasegee Lakefront Land For Sale

      Lake lot ready for your dream home with oversized boat dock.
      Dars Lane lot: 5, Tuckasegee, NC 28783
      View Details
    • $595,000

      Tuckasegee Land with Lake Access

      13+ acres with lake access and mountain views.
      Lt 5B, 15A, 15B Von Trapp Lane, Tuckasegee, NC 28783
      View Details
    • $75,000

      Land For Sale Tuckasegee, NC

      2.84 acres of unrestricted land near Cedar Cliff Lake.
      2600 Canada Road, Tuckasegee, NC 28783
      View Details
    • $169,900

      Vacant Homesite Bordering National Forest

      5.13 acre vacant homesite bordering National Forest in Tuckasegee, NC.
      Von Trapp lot: 13, Tuckasegee, NC 28783
      View Details
    • $299,900

      Tuckasegee Land with Lake Views

      Homesite with lake and valley views, shared dock access.
      Songcatcher Court lot: 159, Tuckasegee, NC 28783
      View Details
    • $225,000

      Tuckasegee Waterfront Land For Sale

      Lakefront land with mountain views and 264 feet of frontage.
      5 Bello Lago lot: 32, Tuckasegee, NC 28783
      View Details
    • $299,900

      Lakefront Homesite with Valley Views

      Lakefront property with panoramic water views and shared dock.
      159 Songcatcher Court lot: 159, Tuckasegee, NC 28783
      View Details
    • $438,000

      Unrestricted Land Near Multiple Lakes

      Large, unrestricted land with varied build possibilities near multiple lakes.
      2642 Canada Road, Tuckasegee, NC 28783
      View Details
    • $59,000

      Wooded Lot Near Cedar Cliff Lake

      1.53-acre wooded lot with lake access in Tuckasegee, NC.
      Bello Lago Ln. lot: 5, Tuckasegee, NC 28783
      View Details
    • $295,000

      Mountain Land with Creek and Barn

      9+ acres in NC with barn, creek, and utilities.
      231 Quilt Dr., Tuckasegee, NC 28783
      View Details

    FAQs

    What type of property is this?
    Land - Estate-sized lot near Tuckasegee River and Cedar Cliff Lake.
    Where is this land located?
    The property is located at 718 Oat Field Road lot 2 Tuckasegee, NC.
    What is the asking price?
    The asking price for this property is $105,000.
    What are key features of this property?
    This property features: Estate‑sized lot with views of Cedar Cliff and Bear Lake (potentially year‑round with tree trimming).; Three‑bedroom septic approval from 2003 already in place.; House pad already in place, ready for construction.
    (828) 507-1201
    We can help!
    Listing Contact
    Wanda S. Herren
    Real Estate License ID: 215990
    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
    718 Oat Field Road lot: 2, Tuckasegee, NC 28783
    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!