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    31 High Ridge Rd Murphy, NC 28906

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    Murphy, NC Manufacturing Land - $11,800

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0-unit industrial property, located at 31 High Ridge Road in Murphy, North Carolina, presents a unique investment opportunity. Priced at $11,800, this vacant land parcel offers significant potential for development. Classified as manufacturing land, it boasts convenient access via a paved road leading directly to the property. An existing driveway is already in place, simplifying future construction. The property currently enjoys seasonal mountain views, easily enhanced to year-round vistas with some tree trimming. This desirable location is situated within a developing area of new homes, providing a sense of community and growth. Outdoor enthusiasts will appreciate the proximity to a variety of recreational activities, including whitewater rafting, biking, hiking trails, lakes, and the US Forest Service. Furthermore, the convenience of a nearby casino and the historic downtown area, both within a 15-minute radius, adds to the property's appeal. The property's zoning and potential uses should be verified independently. This is a rare opportunity to acquire land in a rapidly growing area with exceptional access and recreational opportunities. The property is situated in Cherokee County, NC, zip code 28906, at latitude 35.0300881 and longitude -84.1925025.

    Property Features for 31 High Ridge Rd

    General Information

    Property type
    Manufacturing properties

    HighLights

    • 0‑unit industrial land parcel in Murphy, NC, priced at $11,800.
    • Located at 31 High Ridge Road, Cherokee County, NC, 28906 (35.0300881, -84.1925025).
    • Manufacturing land with paved road access and existing driveway.
    • Seasonal mountain views, potential for year‑round views.
    • Developing area with nearby new homes, casino, and historic downtown.
    • Proximity to outdoor recreation: whitewater rafting, biking, hiking, lakes, and US Forest Service.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Building Supply Wholesale Shop Pharmacy Hotel & Motel Food Market HVAC Service Grocery Store Travel Agency Cosmetics Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Murphy
    County
    Cherokee
    State
    North Carolina
    Longitude
    -84.1925025
    Latitude
    35.0300881

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    FAQs

    What type of property is this?
    Manufacturing property - Murphy, NC Manufacturing Land - $11,800
    Where is this manufacturing property located?
    The property is located at 31 High Ridge Rd Murphy, NC.
    What is the asking price?
    The asking price for this property is $11,800.
    What are key features of this property?
    This property features: 0-unit industrial land parcel in Murphy, NC, priced at $11,800.; Located at 31 High Ridge Road, Cherokee County, NC, 28906 (35.0300881, -84.1925025).; Manufacturing land with paved road access and existing driveway.
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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
    31 High Ridge Rd Murphy, NC 28906
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