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    3.91 acre Sanctuary Ln Franklin, NC 28734

    • Land
    • 3.91 lot acres
    For Sale
    View listing
    $125,900
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3.91 acre Sanctuary Ln

    Lot size
    3.91 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Macon
    State
    North Carolina
    Longitude
    -83.2857
    Latitude
    35.2147

    Comparable in this City

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    • Contact for pricing

      Retail Space Near Major Retailers

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      Franklin, NC 28734
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    Franklin, NC 28734
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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