Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Eagles Ridge Rd Sylva, NC 28779
    Back to Search
    Property profile & analytics

    Eagles Ridge Rd Sylva, NC 28779

    View on Map
    • Land
    • 2.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Eagles Ridge Rd

    Lot size
    2.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 2-2.99 acre ranch property in the desirable Dillsboro area of Sylva, North Carolina, presents a unique opportunity for building your dream home. Located in Eagles Ridge, this wooded lot boasts an existing, older driveway and house site, although some clearing may be required. The property includes an expired septic permit and a subdivision survey, simplifying the building process. Light restrictions are in place, ensuring a harmonious community environment. The asking price for this expansive lot is $23,359. The property's address is Eagles Ridge, Sylva, NC 28779, situated in Jackson County. Its geographical coordinates are latitude 35.3647374 and longitude -83.2734784. With its ample size and existing infrastructure elements, this lot offers significant potential for creating a tranquil and private retreat. The existing features provide a solid foundation for development, minimizing initial groundwork. Buyers should be aware that the septic permit has expired and will need to be addressed as part of the building process. This property is ideal for those seeking a peaceful setting with the convenience of being close to the amenities of Sylva and Dillsboro. Don't miss this chance to own a piece of beautiful North Carolina countryside.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sylva
    County
    Jackson
    State
    North Carolina
    Longitude
    -83.2735
    Latitude
    35.3647

    Comparable in this City

    • Value Estimation by Request
      10.00 Acres

      Eagles Ridge Rd

      Farms • 10.00 Acres
      0 Eagles Ridge Rd, Sylva, NC 28779
      View Details
    • Value Estimation by Request
      2.00 Acres

      Laurel Rdg

      Farms • 2.00 Acres
      0 Laurel Rdg, Webster, NC 28779
      View Details
    • Value Estimation by Request
      1.00 Acre

      89 Rufus Robinson Rd

      Land • 1.00 Acre
      89 Rufus Robinson Rd, Sylva, NC 28779
      View Details
    • Value Estimation by Request
      26.06 Acres

      Connor Rd

      Land • 26.06 Acres
      0 Connor Rd, Sylva, NC 28779
      View Details
    • Value Estimation by Request
      2.00 Acres

      Eagles Ridge Rd

      Land • 2.00 Acres
      0 Eagles Ridge Rd, Sylva, NC 28779
      View Details
    • Value Estimation by Request
      2.42 Acres

      Haywood Rd

      VACANT COMMERCIAL LAND • 2.42 Acres
      Haywood Rd, Sylva, NC 28779
      View Details

    Similar Nearby for Sale

    • $650,000
      1,000 SF

      Farm with Rental Income Potential

      Small farm with rental income in Sylva, North Carolina.
      505 Parris Branch Rd, Sylva, NC 28779
      View Details
    • $86,000

      Land For Sale

      Land available in Mountain Forest Estates, Sylva, NC.
      64 Mountain Forest Est, Sylva, NC 28779
      View Details
    • $139,000
      12.30 Acres

      12.3 Acres Mountain Property

      12.3-acre mountain property with potential views and spring water.
      Crackin Chestnut Ln, Sylva, NC 28779
      View Details
    • $479,000

      Large Acreage with Mountain Views

      18.47 acres with potential views in Sylva Vista Community.
      99999 Parris Branch Rd, Sylva, NC 28779
      View Details
    • Contact for pricing
      4.00 Acres

      Land with Creek and Forest Access

      Four acre land parcel with creek and forest service access.
      Brushy Fork Rd, Sylva, NC 28779
      View Details
    • $219,000
      18.59 Acres

      Mountain Land in Cullowhee, NC

      18+ acre mountain retreat with subdivision potential.
      Brasstown Rd, Cullowhee, NC 28779
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr

      Former Medical Clinic For Lease

      Medical clinic with offices, lab, and ample parking.
      609 Asheville Hwy, Sylva, NC 28779
      View Details
    • $25 SF/Yr

      Former Medical Clinic for Lease

      Turnkey medical clinic with 12 offices/exam rooms for lease.
      609 Asheville Hwy, Sylva, NC 28779
      View Details
    • Contact for pricing

      Industrial Flex Space Available

      Industrial flex space for rent, ranging from 500 to 2,000 SqFt.
      653 Scotts Creek Rd, Sylva, NC 28779
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Eagles Ridge Rd
    Sylva, NC 28779
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Eagles Ridge Rd, Sylva, NC, 28779
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!