Property profile

1099 Silas Branch Rd Burnsville, NC 28714

OFF-MARKET
Commercial real estate
Property ID
US53-3463427
194 ac lot Built 1850
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Property summary

AI-generated overview

This exceptional 194-acre property near Wolf Laurel Ski Resort presents a unique investment opportunity. The land boasts spectacular views and is ideal for diverse commercial or recreational ventures. High-speed internet access, electricity, septic, and a generator are already in place at the homesite. Multiple springs feed a 1,700-gallon cistern, enhancing the property's water resources. The topography varies, with breathtaking vistas from the lower elevations and even greater potential from the higher points near Thunder Knob. A well-constructed pole barn with a large screened porch shelters an RV, currently on-site. The property includes a large barn with a loft situated beside a pristine mountain creek, as well as a smaller hand-hewn log barn near a partially restored, historic log cabin (130+ years old). Existing logging roads provide convenient access for hiking, ATV riding, and dirt biking. The creek's water flow and topography offer possibilities for incorporating a recreational water feature. No drive-bys are permitted. This is a rare chance to acquire a partially developed expanse of land with abundant natural resources and significant development potential.

Property profile

Verified
Property type Commercial real estate
Year built 1850
Lot 194 ac (8,450,640 SF)
UPID US53-3463427

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1099 Silas Branch Rd Burnsville, NC 28714
Burnsville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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