Land at 708 Regal Street, Murphy, NC 28906
Land at 708 Regal Street, Murphy, NC 28906, photo 2 of 10
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10 photos

$105,000

708 Regal Street, Murphy, NC 28906
Murphy, NC 28906
Listed by Allison Ralph · Nantahala Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Exceptional downtown Murphy opportunity! This unrestricted 1-acre lot/land parcel—listed with strong commercial appeal—sits right in the heart of town and offers incredible flexibility for your vision. Zoned Heavy Industrial yet fully adaptable for residential use, the old building has been totally removed following the 2022 fire, leaving a clean, cleared site ready for its next chapter. The current owner is actively continuing to clean up the property and make improvements to make it even more turnkey. City water and sewer are already in place, mobile homes are allowed, and the location puts you steps from everything Murphy has to offer—perfect for new construction, storage facilities, commercial development, or building your dream home. Don't miss this rare blank canvas in the center of it all. Come see the potential today and make it yours!

Property details

MLS
Hive MLS
MLS #
98544332
Property type
Land
Subdivision
N/A
Status
Active
Days on market
192
On market date
April 8, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Murphy Elementary
0.82 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
422
Student:teacher ratio
11.1:1
District
Cherokee County Schools
Middle
Murphy Middle
0.64 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
306
Student:teacher ratio
15.3:1
District
Cherokee County Schools
High
Murphy High
0.55 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
442
Student:teacher ratio
12.6:1
District
Cherokee County Schools

Walkability

Blended score for Murphy's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

48
Somewhat walkable
out of 100
EPA National Walkability Index
9.7 / 20 -- Below average walkable

Market position

How this listing compares to current activity in Murphy, from live MLS data.

On the market 192 days -- 12 more days than Murphy's current average of 180 days.
For reference, the median list price across 581 active listings in Murphy right now is $245,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$782/mo
$21,000 down
$84,000 loan
Principal & interest$545
Property tax (est.)$88
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated August 19, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.