31 High Ridge Rd, Murphy, NC 28906
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.