00 Morgan Crk Rd Murphy, NC 28906
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.