Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    5.8 Copper Crk Rd Murphy, NC 28906

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5.8 Copper Crk Rd Murphy, NC 28906

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 5.8 Copper Crk Rd

    Property type
    Land

    Description

    This exceptional 0.8-acre vacant land parcel, located at 5.8 Copper Creek Road in Murphy, North Carolina (zip code 28906), presents a unique opportunity for those seeking a tranquil escape. Priced at $89,000, this property boasts easy access via a paved/gravel US Forest Service road, with the seller actively working to install a private driveway for enhanced convenience. Situated within walking distance of US Forest Service land, the property offers breathtaking seasonal views, which can be enhanced to year-round vistas with selective tree trimming. The land is unrestricted, providing flexibility for various uses. While RVs are permitted for temporary stays, this makes it an ideal location for recreational use or future development. Embrace the peace and quiet of this secluded setting, a rare find in a desirable location. The property's latitude and longitude coordinates are 35.217733 and -84.1521556 respectively, allowing for precise location verification. This is an exceptional opportunity to own a piece of the beautiful North Carolina mountains in Cherokee County. Don't miss out on this chance to own your own slice of unrestricted mountain paradise.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Murphy
    County
    Cherokee
    State
    North Carolina
    Longitude
    -84.1522
    Latitude
    35.2177

    Comparable in this City

    • Value Estimation by Request
      147.00 Acres

      00 Morgan Crk Rd

      Agricultural land / Farmland • 147.00 Acres
      00 Morgan Crk Rd, Murphy, NC 28906
      View Details
    • Value Estimation by Request
      27.67 Acres

      1371 Andrews Rd

      Land • 27.67 Acres
      1371 Andrews Rd, Murphy, NC 28906
      View Details
    • Value Estimation by Request

      3.3 Copper Crk Rd

      Land
      0 3.3 Copper Crk Rd, Murphy, NC 28906
      View Details
    • Value Estimation by Request

      13 View Ridge Trl

      Manufacturing properties
      13 View Ridge Trl, Murphy, NC 28906
      View Details
    • Value Estimation by Request

      11 Brasstown Hts

      Manufacturing properties
      11 Brasstown Hts, Murphy, NC 28906
      View Details
    • Value Estimation by Request

      10 Brasstown Hts

      Manufacturing properties
      10 Brasstown Hts, Murphy, NC 28906
      View Details

    Similar Nearby for Sale

    • $150,000
      1.00 Acre

      Unrestricted Land with Garage, Murphy

      One-acre property with garage, well, septic, and creek access.
      3335 Upper Peachtree Rd, Murphy, NC 28906
      View Details
    • $32,900
      2.00 Acres

      Two Acres Building Lot

      Building lot with paved roads, utilities, and community water.
      17 Old Taylors Fry Rdg, Murphy, NC 28906
      View Details
    • $1,950,000

      Mountain Property with Large Building

      256 acres with 80x56 building near US Forest Service.
      3530 Grape Creek Rd, Murphy, NC 28906
      View Details
    • $75,000
      7.99 Acres

      7.99 Acres in Riverwalk

      7.99-acre lot with river access near downtown Murphy, NC.
      Tbd Riverwalk Murphy Nc, Murphy, NC 28906
      View Details
    • $145,000

      Land in Murphy, North Carolina

      Land with branch, suitable for multi-home sites in Murphy.
      1489 Hollybrook Dr, Murphy, NC 28906
      View Details
    • Contact for pricing

      Shoal Creek Falls Legacy Property

      1429-acre estate with lake frontage and development potential.
      2108 River Hill Rd, Murphy, NC 28906
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Premier Shopping Center Space Available

      High-visibility retail or office space in thriving shopping center.
      1142 Us Highway 64, Murphy, NC 28906
      View Details
    • Contact for pricing
      2,140 SF

      Retail Space Near Walmart

      Retail space in Murphy Plaza, anchored by Walmart.
      2320 Us 19, Murphy, NC 28906
      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.
    5.8 Copper Crk Rd
    Murphy, NC 28906
    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

    5.8 Copper Crk Rd, Murphy, NC, 28906

    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!