Technical
Financial
Distress signals
Property profile

9 + Acre Leonard Ln Murphy, NC 28906

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 9.95-acre property presents a unique opportunity for industrial development or a private retreat. Situated in the desirable Weece Mountain Estates neighborhood of Murphy, North Carolina, this land boasts a tranquil setting with stunning mountain views from the back ridge. The property is primarily wooded, offering privacy and a beautiful natural landscape. While sloped, the acreage is usable and presents ample space for construction. Electricity is readily available at the roadside, simplifying the development process. The community maintains the road, ensuring convenient access. The property is zoned for manufacturing and is listed at $119,400. This location in Cherokee County, NC (zip code 28906) offers a blend of seclusion and accessibility, making it ideal for those seeking a peaceful environment with the potential for industrial use or a custom home build. The coordinates are 34.9944449 latitude and -84.2750019 longitude. This is vacant land, perfect for your vision.

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

9 + Acre Leonard Ln 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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