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    Listings

    For Sale (23)

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    Land Zoned for Medical Use
    $30,000
    0.48 Acres

    Land Zoned for Medical Use

    Vacant land suitable for developing a medical facility.

    Claremont Dr, Elkin, NC 28621
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    Unrestricted Land Near Blue Ridge
    Contact for pricing
    0.89 Acres

    Unrestricted Land Near Blue Ridge

    Wooded 0.89-acre lot near Stone Mountain, ready to build.

    Union Hill Rd, Thurmond, NC 28683
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    Corner Lot in Valley Acres
    Contact for pricing
    0.49 Acres

    Corner Lot in Valley Acres

    Residential land in Claremont, NC, suitable for building a home.

    3360 Tolley St, Claremont, NC 28610
    View details
    Dobson Land with Water Access
    $175,000
    19.17 Acres

    Dobson Land with Water Access

    19.17 acres with river and creek frontage near Dobson.

    Rooley Ln, Dobson, NC 27017
    View details
    Residential Land in West Iredell
    $34,999
    1.03 Acres

    Residential Land in West Iredell

    1.03 acre lot in West Iredell, outside city limits.

    Cedarbrook Dr, Statesville, NC 28625
    View details
    Prime Land Ready for Agriculture
    $1,250,000
    171.00 Acres

    Prime Land Ready for Agriculture

    Operational cattle farm with wells, fencing, and mountain views.

    Austin Traphill Rd, Traphill, NC 28685
    View details
    Dobson, NC Land with Water
    $175,000
    19.17 Acres

    Dobson, NC Land with Water

    19.17 acres with river and creek frontage near amenities.

    Rooley Ln, Dobson, NC 27017
    View details
    McGrady, NC Vacant Land
    $90,000
    12.29 Acres

    McGrady, NC Vacant Land

    Pristine vacant land with breathtaking panoramic views on Widow Mountain.

    48 Cane Creek Church Rd, McGrady, NC 28649
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    Pilot Mountain Vacant Land Parcel
    $100,000
    11.87 Acres

    Pilot Mountain Vacant Land Parcel

    11.87 acres of vacant land in Pilot Mountain, NC.

    Nc Highway 268, Pilot Mountain, NC 27041
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    McGrady, NC Vacant Land
    $90,000
    12.29 Acres

    McGrady, NC Vacant Land

    Pristine vacant land with panoramic mountain views.

    48 Cane Creek Church Rd, McGrady, NC 28649
    View details
    Howard Beach Three-Family Home
    $950,000
    0.04 Acres

    Howard Beach Three-Family Home

    Three-family home in Howard Beach with strong rental potential.

    10223 164Th Dr, Howard Beach, NY 11414
    View details
    Kernersville Commercial Land Opportunity
    $900,000
    3.02 Acres

    Kernersville Commercial Land Opportunity

    3.02+/- acre commercial land near I-40 in Kernersville, NC.

    1480 Hampton Plaza Dr, Kernersville, NC 27284
    View details
    Reidsville RV Park Investment Opportunity
    $350,000
    10.84 Acres

    Reidsville RV Park Investment Opportunity

    Established RV park with expansion potential near major cities.

    Little Birds Ln, Reidsville, NC 27320
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    Land in Troutman, North Carolina
    $200,000
    2.84 Acres

    Land in Troutman, North Carolina

    2.84 acres of wooded land bordering ESC park.

    Bradburn St, Troutman, NC 28166
    View details
    Unrestricted Land Near Stone Mountain
    Contact for pricing
    0.89 Acres

    Unrestricted Land Near Stone Mountain

    Wooded land parcel near Stone Mountain, wineries, and hiking trails.

    Union Hill Rd, Thurmond, NC 28683
    View details
    Bronx Multifamily Property: Turnkey Investment
    $1,225,000
    0.04 Acres

    Bronx Multifamily Property: Turnkey Investment

    Renovated three-family property with immediate income potential near transportation.

    955 Tilden St, Bronx, NY 10469
    View details
    Kernersville Commercial Land Opportunity
    $900,000
    3.02 Acres

    Kernersville Commercial Land Opportunity

    3.02+/- acre commercial land in a thriving Kernersville location.

    1480 Hampton Plaza Dr, Kernersville, NC 27284
    View details
    Claremont Warehouse/Industrial Facility For Sale
    $995,000
    4.49 Acres

    Claremont Warehouse/Industrial Facility For Sale

    Warehouse/industrial/manufacturing facility near Claremont with expansion potential.

    0000 Old Catawba Rd, Claremont, NC 28610
    View details
    Kernersville Commercial Land Opportunity
    $900,000

    Kernersville Commercial Land Opportunity

    3.02 acre commercial land for sale near I-40.

    1480 Hampton Plaza Dr, Kernersville, NC 27284
    View details
    Operational Cattle Farm with Potential
    $1,250,000

    Operational Cattle Farm with Potential

    Ready-to-go cattle farm with wells, fencing, and mountain views.

    000 Austin Traphill Rd, Traphill, NC 28685
    View details
    Vacant Land with Mountain Views
    $90,000

    Vacant Land with Mountain Views

    Pristine vacant land with panoramic mountain views.

    48 Cane Creek Church Rd, McGrady, NC 28649
    View details
    Unrestricted Land Near Stone Mountain
    Contact for pricing

    Unrestricted Land Near Stone Mountain

    Wooded land parcel ready for development near outdoor attractions.

    000 Union Hill Rd, Thurmond, NC 28683
    View details
    Claremont Warehouse/Industrial Facility For Sale
    $995,000
    19,000 SF

    Claremont Warehouse/Industrial Facility For Sale

    19,000+/- sq. ft. warehouse with expansion potential near I-40.

    0000 Old Catawba Rd, Claremont, NC 28610
    View details

    For Lease (3)

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    Warehouse Space Near I-40
    $3,500 / Mo
    125,453 SF

    Warehouse Space Near I-40

    Warehouse space for lease near I-40 in Claremont, NC.

    3562 Old Catawba Rd, Claremont, NC 28610
    View details
    West Babylon Office Space Available
    $28 SF/Yr
    7,584 SF

    West Babylon Office Space Available

    Office space for lease in West Babylon, New York.

    1025-1033 E Nck Rd, West Babylon, NY 11704
    View details
    Updated Retail Property on Grand Avenue
    $20 SF/Yr
    4,792 SF

    Updated Retail Property on Grand Avenue

    Dual-building retail property in North Baldwin with flexible spaces.

    1621-1623 Grand Ave, Baldwin, NY 11510
    View details

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    Keller Williams Realty Elite
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    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
    Keller Williams Realty Elite
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