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    OFF-MARKET
    Commercial real estate

    290 Painter Ln, McGrady, NC 28649

    110.74 ac lot
    Individually Owned
    Property ID
    US53-4650074
    Property summary
    AI-generated overview

    Exceptional 110.74-acre property in McGrady, North Carolina, presents a unique investment opportunity. Located in Wilkes County, this land boasts a diverse range of features ideal for farming, hunting, or recreational pursuits. Zoned for Residential Agricultural Farms, the property includes a substantial log cabin estimated at 3500-4000 square feet, providing ample living space. Supporting structures include a barn and a pole shed, offering versatile storage and workspace. The property also features creek frontage, adding to its natural beauty and potential for water-based activities. Reaching an elevation of 1390 feet, the land offers stunning mountain views and a cooler climate. Pastureland suitable for cattle grazing is also present. Its proximity to the Blue Ridge Parkway enhances its recreational appeal, making it an excellent location for a mountain hunting club or a private retreat. The asking price for this remarkable property is $1,100,000. The property's address is 290 Painter Ln, McGrady, NC 28649.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 110.74 ac (4,823,834 SF)
    UPID US53-4650074
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Derek Goddard
    Derek Goddard
    since 2026
    1 recorded transaction
    2026
    $800,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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