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Property profile & analytics
OFF-MARKET
Land

00 Morgan Crk Rd Murphy, NC 28906

147 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 147-acre property in Cherokee County, North Carolina, presents a unique investment opportunity. Located at 00 Morgan Creek Road, Murphy, NC 28906, this land boasts a diverse landscape encompassing flat, rolling, and steep terrain, offering breathtaking ridgelines, draws, and expansive long-range views. The property is rich in natural resources, including mature timber and abundant wildlife such as turkey, deer, bear, bobcat, hogs, coyotes, raccoons, and rabbits. Highfall Branch and several wet-weather branches further enhance the property's natural beauty. Existing logging roads/trails offer potential for recreational use. The land is subject to a conservation easement with minimal restrictions, providing significant privacy and access to additional recreational areas, as it borders USDA Forest Service land on two sides. While primarily suited for hunting, camping, ATV riding, and hiking, there is potential for residential development with approval from the Mainstream Conservation Trust. Priced at $367,500, this property is an ideal investment for outdoor enthusiasts and those seeking a secluded retreat.

Property profile
Verified
Property type Land
Lot 147 ac (6,403,320 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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