Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Wooded Land with Creek Access Title is generated by Realmo AI

    99999 Guntertown Road, Marshall, NC 28753

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $187,500

    20+ acre wooded property with mountain views and creek access.

    Type:Land or Vacant Lot
    Lot size:
    20.00 Acres
    Added:
    Feb 4, 2026
    Days on Market:
    107
    Last Refresh:
    Apr 5 at 10:23 pm

    Property Features for 99999 Guntertown Road

    General Information

    Standard status
    Active
    Lot size
    20.00 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    KAREN BLACK

    Listing agent KAREN BLACK

    Listing office NEST REALTY ASHEVILLE

    Listing date Feb 4, 2026

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of NEST REALTY ASHEVILLE

    HighLights

    • 20+ acre wooded property with potential for 360‑degree mountain views with selective tree clearing.
    • Direct access to Shelton Laurel Creek, renowned for mountain trout fishing.
    • Nearly level building site at the property's high point.
    • Located where Shelton Laurel Creek and Little Laurel meet.
    • Ideal for a private mountain retreat, surrounded by ridgelines and unspoiled forest.
    • Close to whitewater rafting, hiking trails, mountain biking, and the Hot Springs area.

    Overview

    This wooded property spans over 20 acres in western Madison County, situated at the confluence of Shelton Laurel Creek and Little Laurel, two clear streams known for mountain trout fishing. The northeastern section of the property borders Shelton Laurel Creek, providing direct access to the water. A hard pack driveway leads to the property's high point, which features a nearly level building site. This site offers the potential for 360-degree mountain views with selective tree clearing. The surrounding area includes ridgelines and unspoiled forest, creating a setting suitable for a private mountain retreat. Outdoor recreational opportunities are available nearby, including whitewater rafting, hiking trails, and mountain biking. The property is located a short drive from the Hot Springs area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Garden Center (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Marshall
    County
    Madison
    State
    North Carolina
    Longitude
    -82.718014
    Latitude
    35.925398

    Nearby Similar for Sale

    • $12,490

      Land in Gated Community

      1.31 acre parcel with creek access and mountain views.
      Bear River Lodge lot: 105, , NC 28753
      View Details
    • $9,900

      Land in Gated Community

      5.23+- acre parcel in Bear River Lodge community.
      Bear River Lodge Trail lot: 78, , NC 28753
      View Details
    • $650,000

      Untouched Acreage in Marshall, NC

      94.80 acres of unrestricted land near outdoor attractions.
      Grapevine Road, Marshall, NC 28753
      View Details
    • $900,000
      6,000 SF

      Occupied Self-Storage Facility with Residence

      68-unit self-storage facility with residential options in Madison County.
      58 Guntertown Road, Marshall, NC 28753
      View Details
    • $99,000

      Marshall, NC Homesite Opportunity

      1.6-acre homesite in Madison County with community amenities.
      76 Dancing Wind Lane, Marshall, NC 28753
      View Details
    • $150,000

      Cleared Homesite with Mountain Views

      3.62-acre homesite with infrastructure and mountain views.
      890 Fisher Branch Road, Marshall, NC 28753
      View Details
    • $15,000

      Land in Gated Mountain Community

      3.39 acre lot with mountain views and privacy.
      Bear River Lodge Trail lot: 127, Marshall, NC 28753
      View Details
    • $149,900

      Marshall, NC Land Homesite

      2.29-acre homesite with views and community amenities in Marshall, NC.
      51 Wild Turkey Loop, Marshall, NC 28753
      View Details
    • $79,000

      Scenic Land Parcel in Marshall

      5.86 acres with mountain views near Marshall and Mars Hill.
      99999 Morgan Branch Road, Marshall, NC 28753
      View Details
    • $279,000

      Marshall, NC Pasture Land

      9.52 acres of pasture land perfect for homesteading.
      330 Tilson Branch Road, Marshall, NC 28753
      View Details
    • $100,000

      Land in Gated Community

      2-acre lot with mountain views, ready for custom home.
      149 Turkey Trot Trail, Marshall, NC 28753
      View Details
    • $55,000

      Marshall Land with River Views

      1.8-acre parcel with long-range views near French Broad River.
      99999 Anderson Branch, Marshall, NC 28753
      View Details

    FAQs

    What type of property is this?
    Recreation land - 20+ acre wooded property with mountain views and creek access.
    Where is this recreation land located?
    The property is located at 99999 Guntertown Road Marshall, NC.
    What is the asking price?
    The asking price for this property is $187,500.
    What are key features of this property?
    This property features: 20+ acre wooded property with potential for **360‑degree mountain views** with selective tree clearing.; Direct access to Shelton Laurel Creek, renowned for **mountain trout fishing**.; **Nearly level building site** at the property's high point.
    (828) 318-8313
    We can help!
    Listing Contact
    KAREN BLACK
    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
    99999 Guntertown Road, Marshall, NC 28753
    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!