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    01 Hwy Nebo, NC 28761

    • Land
    • 71.58 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 01 Hwy

    Lot size
    71.58 lot acres
    Property type
    Land

    Description

    This exceptional 71.58-acre commercial land parcel presents a unique investment opportunity in McDowell County, North Carolina. Strategically located at the intersection of US Highway 64 and NC Highway 226, this property boasts significant road frontage: approximately 1,090 linear feet along NC 226, 130 linear feet along US 64, 1,190 linear feet along Fortune Road (with multiple access points), and 534 linear feet along Bill Deck Road. Currently unzoned, the property offers considerable flexibility for a variety of development projects, including retail, industrial, or residential uses. Its central location between Morganton, Rutherfordton, and Marion provides easy access to regional amenities and a strong potential market. Recently timbered, the land features established logging roads, facilitating easy exploration and site assessment. The property's expansive size and versatile nature make it an ideal choice for developers and investors seeking a significant landholding with high development potential. The parcel's APN is 165700496782. McDowell County will review and approve any development plans. The asking price is $572,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nebo
    County
    McDowell
    State
    North Carolina
    Longitude
    -81.8431
    Latitude
    35.5855

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    01 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
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