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    V/L Hwy 126 Hwy Nebo, NC 28761

    Sponsored
    For Sale
    $550,000

    87 acres, Blue Ridge Mountain views, near Lake James.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 87.52-acre commercial land parcel presents a unique investment opportunity in Nebo, North Carolina. Located in McDowell County, at V/L Hwy 126 Highway, zip code 28761 (35.6636322, -81.8879884), this property boasts stunning Blue Ridge Mountain views and is situated directly across from Hidden Cove, a public access point to Lake James, a 6,510-acre lake renowned for boating and fishing. Shadrick Creek flows through the property, enhanced by two natural springs. An estimated 14 acres are cleared, providing ample space for development, while the remaining acreage is wooded, offering a blend of usability and natural beauty. Two conservation easements protect 25.38 acres surrounding Shadrick Creek, preserving the natural environment. The property's adjacency to county and state land further enhances its potential. This offering presents a rare chance to acquire a significant landholding in a desirable location. Note that an adjacent property, MLS#3932742, includes a house and additional land, offering potential for expansion or combined ownership. The asking price for this remarkable property is $550,000.

    Property Features for 0 V/L Hwy 126 Hwy

    General Information

    Property type
    Land
    Lot Size
    3,812,371 SF

    HighLights

    • $550,000 asking price.
    • 87.52‑acre commercial land parcel in Nebo, NC.
    • Located in McDowell County, NC, zip code 28761.
    • Property includes Shadrick Creek and two natural springs; approximately 14 acres cleared, remainder wooded.
    • Two conservation easements protect 25.38 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Nebo
    County
    McDowell
    State
    North Carolina
    Longitude
    -81.8879884
    Latitude
    35.6636322

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    FAQs

    What type of property is this?
    Land - 87 acres, Blue Ridge Mountain views, near Lake James.
    Where is this land located?
    The property is located at V/L Hwy 126 Hwy Nebo, NC.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: $550,000 asking price.; 87.52-acre commercial land parcel in Nebo, NC.; Located in McDowell County, NC, zip code 28761.
    Request Owner's contact information
    V/L Hwy 126 Hwy Nebo, NC 28761
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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
    V/L Hwy 126 Hwy Nebo, NC 28761
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