216 Clubhouse Ct, Murphy, NC 28906
This exceptional 177-acre commercial property presents a unique development opportunity in Murphy, North Carolina. Situated less than five miles from the vibrant downtown area, this location offers unparalleled convenience and accessibility. The property boasts a substantial existing clubhouse, perfect for repurposing or integration into a new development. Recreational amenities include a swimming pool and tennis courts, adding significant value and potential for various uses. The land itself is the former site of a golf course, providing expansive, beautifully landscaped grounds with breathtaking views. Its proximity to key attractions such as Tri County Community College, the renowned John C. Campbell Folk School, and Harrah's River Valley Casino ensures high visibility and potential for attracting a diverse clientele. The substantial acreage allows for a wide range of development possibilities, from residential to commercial ventures, potentially including hospitality, retail, or mixed-use projects. This is a rare chance to acquire a significant parcel of land in a rapidly growing area with established infrastructure and strong tourism appeal. The existing clubhouse and recreational facilities offer immediate potential for revenue generation or redevelopment. Serious inquiries are encouraged to explore the full potential of this remarkable property. Detailed site plans and further information are available upon request. The asking price is $2,800,000.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.