867 Highlands Road in Franklin, NC 28734

Acreage: 4.11
Loading...

Thank You!

You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here

Start a New Search

Manage Saved Properties


If You Have Any Other Questions, Call Us At 1(866)858-2257

Community: Franklin in Macon County

Acreage: 4.11
Loading...

Thank You!

You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here

Start a New Search

Manage Saved Properties


If You Have Any Other Questions, Call Us At 1(866)858-2257

Opportunity to own an open air retail and community market which is a long time staple in the Franklin community, located on a major retail corridor with traffic counts at 10,000 vehicles per day. Income producing w/ history of long term tenants. There is a unique tenant mix, and tenants are currently on a month to month basis, but can be converted to long term leases. Ability to increase income by adding more retail bays that would be perfect for artisans, produce market, dining venue, etc. Additional opportunities to add income are adding multiple billboards, as this is allowable per county zoning. and retail corridor. 0.7 miles from the heart and center of downtown Franklin, a highly desirable mountain tourist destination.

Original Listing Price: 1,750,000
MLS #: ‍3866187
Listing Status: Active
Days on Market: 184
This Property has Been Viewed 338 Times

Based on information submitted to the MLS GRID as of 2022-11-28 at 7:45AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Displays of minimal information (e.g. “thumbnails”, text messages, “tweets,” etc., of two hundred (200) characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. For audio delivery of listing content, all required disclosures must be subsequently delivered electronically to the registered consumer performing the property search or linked to through the devices application.

Some IDX listings have been excluded from this website.

Copyright © 2022. All rights reserved.

Map

close
  • Mapbox
  • Google
  • Topo Map

Directions: From exit of 23: 0.33 miles from the Highland Rd exit on left. From downtown Franklin, to south on Highlands Rd for 0.7 miles, property on right.

Disclaimer: The map service includes search results such as listings and related information provided by third parties. Beverly-Hanks makes no representations or warranties regarding the accuracy or completeness of the information provided by these third parties.

View Directions on Map

Property Features

close
Year Built: 1984
Docs On File: Aerial Photo,Tax Information

Mortgage Calculator

close
  • Payment Calculator
  • Qualifying Income
  • How much can I afford?
Purchase Price:
$
Down Payment:
$
Interest Rate:
%
Amortization Period:
Years
Results:
Monthly payment including interest:
$
Estimated Monthly Payment:
$
Annual Salary:
$
Other Annual Income
$
Annual Property Tax:
$
Annual Home Insurance:
$
Monthly Debt Payments:
$
Loan Criteria
Combined Annual Gross Income:
Wages Per Month:
Total Debt:
Results:
PITI using 36% RATE A:
PITI using 28% RATE B:
Monthly Payment Cap (RATE A):
Monthly Payment Cap (RATE B):
RATE A
The 36% income is based on the PITI (mortgage principal plus interest amount plus your monthly property tax and home insurance), PLUS any other debt payments you must pay every month.
RATE B
The 28% income is based on PITI (Principal + Interest + Tax + Insurance) or more specifically, the mortgage principal plus interest amount plus your monthly property tax and home insurance the lender typically holds in an escrow account for you.
Down Payment:
$
Total Monthly Payment:
$
Length of Loan (years):
Interest Rate (%):
%
Property tax rate (1% = $1000/yr for 100K house):
%
Home Owners Insurance:
$
Mortgage Insurance Premium (generally between $1000 and $5000 per year):
$

By making a down payment of $ and paying $ per month, you will able to afford a home that costs $ . You will need to qualify for a loan of $.

Summary of Your Monthly Payment
Principal and Interest:
Taxes and Insurance:
Mortgage Insurance:

Additional Videos

close

Schools

close

Lifestyles

close

With about 2500 residents, the town of Sylva serves as the county seat of Jackson County. However, it wasn't always that way. Originally, the village of Webster was established as the county seat but changed to Sylva in 1914.

Covering 1,100 acres, Pinnacle Park provides plenty of opportunities for outdoor recreation. Visitors can hike to the pinnacle, which sits at an elevation of 5000 feet, and the view of town below.

Southwestern Community College in Sylva offers more than 50 degree, certificate and diploma programs including GED preparation and options to transfer to a four-year university.

Community Amenities

  • Golf Course
  • Lake Access
  • Nearby Activities

  • Lake Fishing
  • Walking/Hiking
  • Mountain Biking/Cycling
  • Sylva Market Information

    close
    Loading...