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Property profile

0 1.46 Acr Ed Graves Rd Murphy, NC 28906

OFF-MARKET
Land
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Property summary

AI-generated overview

This 1.46-acre unrestricted industrial land parcel in Cherokee County, North Carolina, presents a unique opportunity. Located at 1.46 Acr Ed Graves Road, Murphy, NC 28906 (35.1564779, -84.0510441), this vacant land offers potential for various uses, including manufacturing. Priced at $24,000, the property boasts a recently issued permit for a three-bedroom septic system, simplifying development plans. Enjoy the peaceful sounds of a nearby creek and seasonal mountain views, potentially enhanced with selective tree removal. The location provides convenient access to downtown Murphy, area lakes, and the Forest Service, offering a blend of tranquility and accessibility. This property is ideal for those seeking a secluded yet conveniently located building site, perfect for a personal retreat or a small-scale industrial project. The land is classified as manufacturing, vacant land, and other, allowing for flexibility in development. The absence of existing structures allows for complete design freedom. Buyers are responsible for conducting their own due diligence regarding zoning and permitted uses.

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

1.46 Acr Ed Graves 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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