Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Trillium Hts Ter Hayesville, NC 28904

    • Land
    • 1.38 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Trillium Hts Ter

    Lot size
    1.38 lot acres
    Property type
    Land

    Description

    This exceptional 1.38-acre commercial lot, identified by APN 553100026514, presents a unique investment opportunity in the desirable Trillium Heights gated community in Hayesville, North Carolina (zip code 28904). Located at Trillium Hts Ter, Clay County, this property boasts a gentle slope and stunning views overlooking Mission Lake, offering both privacy and convenience. Trillium Heights provides a wealth of amenities, including paved roads, community water, and underground utilities, ensuring a seamless building experience. Protective covenants are in place to safeguard your investment. The lot's proximity to the community's common area grants easy access to Mission Lake, complete with a canoe launch area, small dock, and a covered pavilion featuring a fireplace – perfect for year-round enjoyment. Situated between Hayesville and Murphy, this location offers the best of both worlds, with easy access to nearby Appalachian hiking trails, breathtaking waterfalls, and the beauty of Lake Chatuge. The asking price for this remarkable property is $54,500. This is an ideal location for a variety of commercial ventures, taking advantage of the stunning mountain setting and convenient access to local amenities and attractions.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hayesville
    County
    Clay
    State
    North Carolina
    Longitude
    -83.911
    Latitude
    35.0572

    Comparable in this City

    • Value Estimation by Request
      2.01 Acres

      10 Hinton Overlook

      Land • 2.01 Acres
      10 Hinton Overlook, Hayesville, NC 28904
      View Details
    • Value Estimation by Request
      2.10 Acres

      4 Hinton Overlook

      Land • 2.10 Acres
      4 Hinton Overlook, Hayesville, NC 28904
      View Details
    • Value Estimation by Request
      1.00 Acre

      20 Smoke Rise Vw

      Land • 1.00 Acre
      20 Smoke Rise Vw, Hayesville, NC 28904
      View Details
    • Value Estimation by Request

      Lots Tucker Rd

      Manufacturing properties
      0 Lots Tucker Rd, Hayesville, NC 28904
      View Details
    • Value Estimation by Request
      10.48 Acres

      2 Town Mountain Rd

      Land • 10.48 Acres
      2 Town Mountain Rd, Hayesville, NC 28904
      View Details
    • Value Estimation by Request
      2.80 Acres

      115 Mountain Home Nursing Ln

      Land • 2.80 Acres
      115 Mountain Home Nursing Ln, Hayesville, NC 28904
      View Details

    Similar Nearby for Sale

    • $159,800
      3.16 Acres

      Hayesville Commercial Land - 3.16 Acres

      Prime Hayesville development land, C2 & R2 zoning.
      1775 Highway 64 Business, Hayesville, NC 28904
      View Details
    • Contact for pricing
      0.71 Acres

      Hayesville Vacant Lot in Golf Community

      Vacant lot in gated golf community near Lake Chatuge.
      58m Rdg Overlook, Hayesville, NC 28904
      View Details
    • $79,900
      1.22 Acres

      Hayesville, NC Vacant Lot

      1.22 acre vacant lot in Hayesville, North Carolina.
      55 Eagles View Rd, Hayesville, NC 28904
      View Details
    • Contact for pricing

      Unrestricted Land with Paved Access

      Two wooded lots with paved access and underground utilities.
      Rosenkrantz Ln, Hayesville, NC 28904
      View Details
    • $79,000
      5.02 Acres

      Equestrian Land with Mountain Views

      5.02 acres in equestrian community with mountain views.
      Shiloh Trl, Hayesville, NC 28904
      View Details
    • $95,000
      2.70 Acres

      Unrestricted Land with Highway Access

      2.7 acre vacant lot with highway access in Hayesville, NC.
      100 Cold Branch Rd, Hayesville, NC 28904
      View Details
    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.
    Trillium Hts Ter
    Hayesville, NC 28904
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.