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    290 Painter Ln McGrady, NC 28649

    Sponsored
    For Sale
    $1,100,000

    110-Acre Farm, Hunting Paradise, Log Cabin

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional 110.74-acre property in McGrady, North Carolina, presents a unique investment opportunity. Located in Wilkes County, this land boasts a diverse range of features ideal for farming, hunting, or recreational pursuits. Zoned for Residential Agricultural Farms, the property includes a substantial log cabin estimated at 3500-4000 square feet, providing ample living space. Supporting structures include a barn and a pole shed, offering versatile storage and workspace. The property also features creek frontage, adding to its natural beauty and potential for water-based activities. Reaching an elevation of 1390 feet, the land offers stunning mountain views and a cooler climate. Pastureland suitable for cattle grazing is also present. Its proximity to the Blue Ridge Parkway enhances its recreational appeal, making it an excellent location for a mountain hunting club or a private retreat. The asking price for this remarkable property is $1,100,000. The property's address is 290 Painter Ln, McGrady, NC 28649.

    Property Features for 290 Painter Ln

    General Information

    Property type
    Farms
    Lot Size
    4,823,834 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Department Store Food Market Grocery Store Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    McGrady
    County
    Wilkes
    State
    North Carolina
    Longitude
    -81.2156522
    Latitude
    36.3236755

    Nearby Comparable

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      331.9 Acres of Unimproved Land

      Large acreage tract for recreation, solitude, and investment.
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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Farm - 110-Acre Farm, Hunting Paradise, Log Cabin
    Where is this farm located?
    The property is located at 290 Painter Ln McGrady, NC.
    What is the asking price?
    The asking price for this property is $1,100,000.
    Request Owner's contact information
    290 Painter Ln McGrady, NC 28649
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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
    290 Painter Ln McGrady, NC 28649
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