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Property profile

54 Choctaw Rdg Trl Murphy, NC 28906

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 0.54-acre vacant land parcel, identified as Lot 54 Choctaw Ridge Trail in Murphy, North Carolina, presents a unique opportunity for industrial development or manufacturing purposes. Located within the desirable Bear Paw Views community in Cherokee County (zip code 28906), this property boasts convenient access to the recreational amenities of Hiwassee Lake and Cherokee Lake. The asking price is $35,000. The lot features gentle sloping terrain and access via wide, paved roads, simplifying construction and logistics. Bear Paw Views community infrastructure includes underground utilities and community water, ensuring a seamless building process. The community's rustic architectural design provides a desirable aesthetic context. This property is classified as industrial land and is suitable for various manufacturing ventures, taking advantage of its scenic location and convenient access to recreational areas. The latitude and longitude coordinates are 35.0907405 and -84.1873379 respectively. This is a rare opportunity to acquire a well-situated lot in a thriving community. Serious inquiries are encouraged.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

54 Choctaw Rdg Trl Murphy, NC 28906
Murphy metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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