Property profile

0 V/L Hwy 126 Hwy Nebo, NC 28761

OFF-MARKET
Land
87.52 ac lot
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Property summary

AI-generated overview

This exceptional 87.52-acre commercial land parcel presents a unique investment opportunity in Nebo, North Carolina. Located in McDowell County, at V/L Hwy 126 Highway, zip code 28761 (35.6636322, -81.8879884), this property boasts stunning Blue Ridge Mountain views and is situated directly across from Hidden Cove, a public access point to Lake James, a 6,510-acre lake renowned for boating and fishing. Shadrick Creek flows through the property, enhanced by two natural springs. An estimated 14 acres are cleared, providing ample space for development, while the remaining acreage is wooded, offering a blend of usability and natural beauty. Two conservation easements protect 25.38 acres surrounding Shadrick Creek, preserving the natural environment. The property's adjacency to county and state land further enhances its potential. This offering presents a rare chance to acquire a significant landholding in a desirable location. Note that an adjacent property, MLS#3932742, includes a house and additional land, offering potential for expansion or combined ownership. The asking price for this remarkable property is $550,000.

Property profile

Verified
Property type Land
Lot 87.52 ac (3,812,371 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

V/L Hwy 126 Hwy Nebo, NC 28761
Nebo 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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