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    Land

    31 High Ridge Rd, Murphy, NC 28906

    Property ID
    Property summary
    AI-generated overview

    This exceptional 0-unit industrial property, located at 31 High Ridge Road in Murphy, North Carolina, presents a unique investment opportunity. Priced at $11,800, this vacant land parcel offers significant potential for development. Classified as manufacturing land, it boasts convenient access via a paved road leading directly to the property. An existing driveway is already in place, simplifying future construction. The property currently enjoys seasonal mountain views, easily enhanced to year-round vistas with some tree trimming. This desirable location is situated within a developing area of new homes, providing a sense of community and growth. Outdoor enthusiasts will appreciate the proximity to a variety of recreational activities, including whitewater rafting, biking, hiking trails, lakes, and the US Forest Service. Furthermore, the convenience of a nearby casino and the historic downtown area, both within a 15-minute radius, adds to the property's appeal. The property's zoning and potential uses should be verified independently. This is a rare opportunity to acquire land in a rapidly growing area with exceptional access and recreational opportunities. The property is situated in Cherokee County, NC, zip code 28906, at latitude 35.0300881 and longitude -84.1925025.

    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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