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Jackson 28723
111 Andrews Park Road
$250,000
● Land - Off Market

111 Andrews Park Road

Cullowhee, NC 28723
bedrooms
Studio
bathrooms
0 Bath
$254,356
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Tremendous potential for a contractor who needs shop space that is close to Lake Glenville as well as Cashiers, NC, or use this as a unique opportunity to create a "barndominium" and transfer this 42x68 shop into an incredible home. Check out the photo of the plans that the current owner had drawn up to make this shop into living space with a garage. Situated on 0.98 acres this lot borders Pine Creek on the back and Andrews Park Rd on the front. 2 bedroom septic permit on file. Don't miss this unique opportunity to own a very neat property in the mountains of North Carolina.
Unit Size
-
Days on Market
27 days
Land Size
0.98 acres
Price per sqft
-
Property Type
Land
Property Taxes
$41
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 9 months ago (GAMLS #10138362)

Price History

Date / Event Date Event Price
Jul 17, 2023 Sold
Premium
Sold
Apr 6, 2023 Sold
Premium
Sold
Mar 9, 2023 Listed by Poss Realty $250,000
Listed by Poss Realty
Aug 2, 2017 Sold
Premium
Sold
Oct 26, 2009 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,689
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRAGUE SUBDIVISION
  • Land Acres: 0000000980
  • Standard Land Use Code: 1000
  • County Land Use Code: R1
  • Legal Description 1: LT 2 OFF PINE CREEK RD

Neighborhood

  • School District Name: Jackson County Schools
  • Census Tract: 950600

Geography

  • Assessors Map Reference: MAP 7565.03
  • Parcel: 7565-10-4738
  • Lot: 2
  • Municipality: HAMBURG
  • Latitude: 35.1926
  • Longitude: -83.1466

    Address

  • Full Address: 111 Andrews Park Rd
  • Address - House Number: 111
  • Address - Street Name: Andrews Park
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Cullowhee
  • Zip Code: 28723

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $45,212

    Appraisal Valuation

  • Standard Deviation: 0.248
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 65
  • Final Value: 274,741
  • High Value: 342,900
  • Low Value: 206,582

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,980
  • Assessed Land Value: $60,980
  • Assessed Improvements Value: $58,000

    Sales

  • Current Sale Contract Date: Jul 17, 2023
  • Current Sale Recording Date: Jul 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Apr 06, 2023
  • Previous Sale Contract Date: Apr 06, 2023
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Jackson

Stats & Trends

Median Asking:

$399,950

Sale Price/ft²

$255

Below Asking

0.04%

Average Days on Market

86

Average Home Size

2088 ft²

Average Home Age

29.9 years

Currently For Sale

145 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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GAMLS

Listed by: Kasie Campbell, Poss Realty
Last Updated: 9 months ago
Data Source: GAMLS, MLS# 10138362
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 111 Andrews Park Road built and last sold?
The property at 111 Andrews Park Road was built in and last sold on Jul 17, 2023 for $327,500.
How much is this home worth?
The estimated value of the home located at 111 Andrews Park Road is $0.
What are some comparable homes to 111 Andrews Park Road?
There are currently no comparable homes to 111 Andrews Park Road.
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