Technical
Financial
Distress signals
Property profile

00 Morgan Crk Rd Murphy, NC 28906

OFF-MARKET
Land
147 ac lot
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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

Location

00 Morgan Crk Rd Murphy, NC 28906
Murphy metro
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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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