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    0 .38 Dickey Rd, Murphy, NC 28906

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    Property summary
    AI-generated overview

    This 0.38-acre wooded lot in Cherokee County, North Carolina, presents a unique opportunity for off-grid living or recreational use. Priced at $49,950, the property features a charming 12' x 20' post-and-beam barn with a second-story loft accessible via drop-down stairs. While currently lacking water and septic, electricity may be accessible along the nearby paved driveway. The land is unrestricted, offering flexibility for various uses. A designated area next to the barn is ideal for RV parking. The property's location offers a blend of seclusion and convenience. It's situated just 15 minutes from historic downtown Murphy, providing easy access to local amenities, including lakes, hiking trails, whitewater rafting opportunities, and expansive forest lands. This usable, unrestricted land is a rare find in the area, making it an attractive investment for those seeking a minimalist lifestyle or a recreational retreat. The address is .38 Dickey Road, Murphy, NC 28906.

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    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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