3.91 acre Sanctuary Ln Franklin, NC 28734
This exceptional 3.91-acre lot, located in the exclusive Sanctuary at Mountain Grove community in Franklin, North Carolina, presents a unique opportunity for residential or commercial development. Boasting year-round views and a combination of open and partially wooded topography, this property offers breathtaking scenery. The lot, designated as Lot Number 8, is accessible via a private gravel road. While currently lacking utilities and buildings, a survey/plat is available for review. This parcel presents a blank canvas for your vision, whether it's a private residence or a commercial venture. The asking price is $125,900, and financing options include cash and conventional loans. The property's APN is 7526004889. Situated in Macon County, NC, with a zip code of 28734, this land offers a tranquil setting with easy access to the amenities of Franklin. The coordinates are 35.2146629 latitude and -83.2857142 longitude. Don't miss this chance to own a piece of this beautiful North Carolina landscape.
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
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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.