Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings
    (256) 504-5634
    Size: 10+ agents

    Agents

    Service Locations

    Alabama

    North Carolina

    Property Types

    • Commercial Sale
    • Land
    • Residential Multi Family
    • Residential

    Listings

    For Sale (38)

    View map
    Elkin, NC Wooded Land Parcel
    $69,000
    6.00 Acres

    Elkin, NC Wooded Land Parcel

    6+/- acre wooded parcel near Stone Mountain and Yadkin Valley.

    Leeford Ln, Elkin, NC 28621
    View details
    Highway Frontage Pasture Land
    $60,000
    4.50 Acres

    Highway Frontage Pasture Land

    4.5 acres of pasture land in wine country.

    Us Hwy 268, Elkin, NC 28621
    View details
    Pastureland Ready Near I-20
    $874,900
    129.40 Acres

    Pastureland Ready Near I-20

    129+ acre pastureland with barn, fencing, and ponds near I-20.

    1015 Saint Mary Rd, Lincoln, AL 35096
    View details
    Jonesville Land Parcel For Sale
    $62,900
    10.48 Acres

    Jonesville Land Parcel For Sale

    10+ acre wooded parcel with road frontage and creek.

    Pardue St, Jonesville, NC 28642
    View details
    Greenhouse Nursery Business Opportunity
    $699,000
    1,440 SF

    Greenhouse Nursery Business Opportunity

    Operating nursery business with residence in Blue Ridge Mountain foothills.

    8660 Austin Traphill Rd, Traphill, NC 28685
    View details
    Buildable Lot in Southside, AL
    $92,900
    0.50 Acres

    Buildable Lot in Southside, AL

    Flat, cleared lot in established Southside neighborhood.

    Laura Ln, Southside, AL 35907
    View details
    Residential Land in Gadsden, AL
    Contact for pricing
    0.41 Acres

    Residential Land in Gadsden, AL

    Cleared lot ready for building a dream home.

    27 Silver Lake Blvd, Gadsden, AL 35905
    View details
    Elkin Commercial Land For Sale
    Contact for pricing
    1.20 Acres

    Elkin Commercial Land For Sale

    1.2 acre commercial land in Elkin, North Carolina.

    Claremont Dr, Elkin, NC 28621
    View details
    Gadsden, AL Building Lot
    Contact for pricing
    0.80 Acres

    Gadsden, AL Building Lot

    0.8 acre building lot in Country Club Hills.

    Greenbriar Rd, Gadsden, AL 35901
    View details
    Wooded Lot For Residential Development
    Contact for pricing
    1.37 Acres

    Wooded Lot For Residential Development

    1.37-acre wooded lot ready for your vision!

    177 Dillingham Rd, Winston-Salem, NC 27105
    View details
    Land in Tillison Bend Area
    Contact for pricing
    0.55 Acres

    Land in Tillison Bend Area

    Residential land for sale in a desirable Gadsden location.

    1320 Burger Cir, Gadsden, AL 35903
    View details
    Gadsden Land with Recreational Potential
    Contact for pricing
    138.00 Acres

    Gadsden Land with Recreational Potential

    138 acres suitable for recreation, livestock, and hunting.

    7805-B Owls Hollow Rd, Gadsden, AL 35901
    View details
    Highway Frontage Commercial Land
    $49,900
    0.56 Acres

    Highway Frontage Commercial Land

    High-traffic location on Highway 431, perfect for commercial venture.

    1234 Us Highway 431 N, Boaz, AL 35956
    View details
    Land with Mountain Views
    $69,900
    3.42 Acres

    Land with Mountain Views

    3.42-acre parcel with mountain views and no restrictions.

    Bauguess Mill Rd, Traphill, NC 28685
    View details
    Roaring River Land For Sale
    $218,620
    34.70 Acres

    Roaring River Land For Sale

    34 acre lot near Yadkin River and Blue Ridge Mountains.

    Elkin Highway 268, Roaring River, NC 28670
    View details
    Commercial Land in Growing Area
    $125,000
    0.90 Acres

    Commercial Land in Growing Area

    Cleared 0.9 acre lot in Rainbow City, Alabama.

    002 Steele Station Rd, Rainbow City, AL 35906
    View details
    Level Pasture Land in Elkin
    $40,000
    2.40 Acres

    Level Pasture Land in Elkin

    Ideal building lots near Elkin, close to amenities and recreation.

    Timberlake Trl, Elkin, NC 28621
    View details
    Wooded Lot on Dillingham Road
    Contact for pricing
    1.09 Acres

    Wooded Lot on Dillingham Road

    1.09-acre wooded lot for sale in Winston-Salem, NC.

    183 Dillingham Rd, Winston-Salem, NC 27105
    View details
    Residential Land in Waterfront Community
    $69,900

    Residential Land in Waterfront Community

    Land for sale in Gadsden, Alabama with community amenities.

    v19 Copperleaf Walk, Gadsden, AL 35901
    View details
    Commercial Lot in Rainbow City
    $125,000
    0.90 Acres

    Commercial Lot in Rainbow City

    Commercial lot available in Rainbow City's growing area.

    001 Steele Station Rd, Rainbow City, AL 35906
    View details
    Gadsden, AL Land For Sale
    Contact for pricing
    0.46 Acres

    Gadsden, AL Land For Sale

    0.46 acre lot ready for construction near Noccalula Falls.

    0.46 Ac Lovejoy Pl, Gadsden, AL 35905
    View details
    Boaz, AL Commercial Property
    $599,900
    2,610 SF

    Boaz, AL Commercial Property

    High-visibility commercial property in Boaz, Alabama, suitable for various businesses.

    1254 Us Highway 431, Boaz, AL 35957
    View details
    Roaring River Land For Sale
    $154,320
    27.50 Acres

    Roaring River Land For Sale

    27.5 acres near Yadkin River, Blue Ridge Mountains foothills.

    2 Elkin Highway 268, Roaring River, NC 28670
    View details
    Unrestricted Land Near Elkin Airport
    $249,000
    48.13 Acres

    Unrestricted Land Near Elkin Airport

    48+/- acres suitable for building, recreation, or estate development.

    11218 Nc 268, Elkin, NC 28621
    View details
    9.6 Acres on US Hwy
    $559,900
    9.60 Acres

    9.6 Acres on US Hwy

    9.6 acres on US Hwy 278 in Gadsden, Alabama.

    001 Us Highway 278, Gadsden, AL 35903
    View details
    Secluded Land Bordering State Park
    $189,900
    21.30 Acres

    Secluded Land Bordering State Park

    21-acre haven near Stone Mountain State Park.

    Buck Dr, Hays, NC 28649
    View details
    Weiss Lake Waterfront Lot
    $164,900
    0.76 Acres

    Weiss Lake Waterfront Lot

    Lakefront lot in gated community with pier and boathouse.

    10 County Road 479, Cedar Bluff, AL 35959
    View details
    Residential Lot in Gadsden, AL
    Contact for pricing
    0.38 Acres

    Residential Lot in Gadsden, AL

    Cleared residential lot ready for new construction in Gadsden.

    25 Silver Lake Blvd, Gadsden, AL 35905
    View details
    Anniston Commercial Property - Huge Potential
    $749,900
    9.98 Acres

    Anniston Commercial Property - Huge Potential

    Versatile commercial building on nearly 10 acres.

    214 Turley Dr, Anniston, AL 36206
    View details
    Keystone Camper on Deeded Lot
    $84,900

    Keystone Camper on Deeded Lot

    2021 Keystone Sprinter camper on a deeded lot.

    503 Saddle Ridge Dr, Ennice, NC 28623
    View details
    27 Acres Near Yadkin River
    $154,320

    27 Acres Near Yadkin River

    27 acres near Yadkin River, ideal for farming, hunting.

    2 Elkin Highway 268, Roaring River, NC 28670
    View details
    Unrestricted Acreage Near Elkin Airport
    $265,000

    Unrestricted Acreage Near Elkin Airport

    Versatile 48-acre tract suitable for recreation, hunting, or development.

    11218 Nc 268, Elkin, NC 28621
    View details
    138 Acres of Recreational Land
    Contact for pricing

    138 Acres of Recreational Land

    Land with pasture, fencing, ponds, and hunting potential.

    7805-B Owls Hollow Rd, Gadsden, AL 35901
    View details
    Highway Frontage Commercial Land
    $59,900

    Highway Frontage Commercial Land

    High-traffic location with excellent visibility and accessibility.

    1234 Us Highway 431 N, Boaz, AL 35956
    View details
    Tillison Bend Shop on Acreage
    $275,000

    Tillison Bend Shop on Acreage

    Versatile shop on 3 acres in Tillison Bend.

    1590 Mccluney St, Gadsden, AL 35903
    View details
    Gadsden Duplex Investment Opportunity
    $99,900

    Gadsden Duplex Investment Opportunity

    Tenant-occupied duplex near downtown Gadsden, offering income potential.

    1139 3Rd Ave, Gadsden, AL 35901
    View details
    Commercial Lot in Growing Area
    $125,000

    Commercial Lot in Growing Area

    Commercial lot available in Rainbow City's growing area.

    001 Steele Station Rd, Rainbow City, AL 35906
    View details
    Cleared Lot in Growing Community
    $125,000

    Cleared Lot in Growing Community

    Cleared 0.9 acre lot in Rainbow City, Alabama.

    002 Steele Station Rd, Rainbow City, AL 35906
    View details

    Leases and Sales on Map

    • For Sale

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    Impact Realty, LLC
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Impact Realty, LLC
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!