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    3.91 acre Sanctuary Ln Franklin, NC 28734

    Sponsored
    For Sale
    $125,900

    Prime 3.91-acre lot with stunning views. Excellent investment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 3.91-acre lot, located in the exclusive Sanctuary at Mountain Grove community in Franklin, North Carolina, presents a unique opportunity for residential or commercial development. Boasting year-round views and a combination of open and partially wooded topography, this property offers breathtaking scenery. The lot, designated as Lot Number 8, is accessible via a private gravel road. While currently lacking utilities and buildings, a survey/plat is available for review. This parcel presents a blank canvas for your vision, whether it's a private residence or a commercial venture. The asking price is $125,900, and financing options include cash and conventional loans. The property's APN is 7526004889. Situated in Macon County, NC, with a zip code of 28734, this land offers a tranquil setting with easy access to the amenities of Franklin. The coordinates are 35.2146629 latitude and -83.2857142 longitude. Don't miss this chance to own a piece of this beautiful North Carolina landscape.

    Property Features for 3.91 acre Sanctuary Ln

    General Information

    Property type
    Land
    Lot Size
    170,320 SF

    HighLights

    • 3.91‑acre lot in Franklin, NC's Sanctuary at Mountain Grove community.
    • Year‑round views, open and partially wooded topography.
    • Survey/plat available.
    • No utilities or buildings; private gravel road access.
    • Cash or conventional financing available.
    • Lot 8.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Franklin
    County
    Macon
    State
    North Carolina
    Longitude
    -83.2857142
    Latitude
    35.2146629

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    FAQs

    What type of property is this?
    Land - Prime 3.91-acre lot with stunning views. Excellent investment opportunity.
    Where is this land located?
    The property is located at 3.91 acre Sanctuary Ln Franklin, NC.
    What is the asking price?
    The asking price for this property is $125,900.
    What are key features of this property?
    This property features: 3.91-acre lot in Franklin, NC's Sanctuary at Mountain Grove community.; Year-round views, open and partially wooded topography.; Survey/plat available.
    Request Owner's contact information
    3.91 acre Sanctuary Ln Franklin, NC 28734
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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
    3.91 acre Sanctuary Ln Franklin, NC 28734
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