Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    120 Harborgate Drive Denton, NC 27239

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at 120 Harborgate Drive, Denton, NC
    For Sale
    $60,000

    LAND - Denton, NC

    Lot size:
    3.01 Acres
    Added:
    Dec 2, 2025
    Days on Market:
    136
    Last Refresh:
    Apr 17 at 4:06 pm

    Property Features for 120 Harborgate Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    rA-1
    Standard status
    Active
    Lot size
    3.01 Acres

    We can help!

    Listing Contact
    Chris Skeen

    Listing agent Chris Skeen

    Listing office Real Broker LLC greensboro, NC

    Listing date Dec 2, 2025

    MLS# 1200222 Listing URL

    Copyright © 2026 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Near High Rock Lake

    This property consists of a double lot, to be sold together with the adjacent lot at 114 Harborgate, for a combined acreage of over 6 acres. Located near High Rock Lake, the land is suitable for building a new home. The zoning is RA-1. Only site/stick built homes are permitted. There is no HOA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denton
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.1889287
    Latitude
    35.6346757

    Nearby Similar for Sale

    • $479,900
      31,600 SF

      Denton Commercial Building For Sale

      Versatile commercial building in Denton, NC, ready for operation.
      41 Salisbury Street, Denton, NC 27239
      View Details
    • $415,000
      6,150 SF

      Versatile Mixed-Use Property in Denton

      Mixed-use property with office, warehouse, and residential potential.
      11 Bell Avenue, Denton, NC 27239
      View Details
    • $399,000

      Waterfront Lot in Gated Community

      Premier waterfront lot with community amenities on High Rock Lake.
      1768 Rocky Cove Lane, Denton, NC 27239
      View Details
    • $624,900

      Income Producing Multi-Family Property

      Multi-family property on 5.73 acres with road frontage.
      9902 High Pine Church Road, Denton, NC 27239
      View Details
    • $54,900

      Residential Land in Gated Community

      1.78-acre parcel with seasonal views and community amenities.
      338 Sierra Trace Road, Denton, NC 27239
      View Details
    • $59,900

      Residential Land in Gated Community

      1.7-acre lot with lake views and community amenities.
      2243 Sierra Trace Road, Denton, NC 27239
      View Details
    • $15,000

      Land in Gated Community

      1.36-acre lot with amenities in The Springs community.
      324 Rocky Cove Lane, Denton, NC 27239
      View Details
    • $1,000,000

      Denton Commercial Land Ready

      2.91-acre commercial tract with excellent development potential.
      17447 S NC Highway 109, Denton, NC 27239
      View Details
    • $199,900

      Commercial Land on Highway 109

      Corner lot with high visibility, ideal for commercial development.
      17871 S NC Highway 109, Denton, NC 27239
      View Details
    • $29,900

      Residential Land in Denton, NC

      1.65-acre residential land with community amenities in Denton, NC.
      1560 Rocky Cove Lane, Denton, NC 27239
      View Details
    • $15,000

      Land in Gated Community

      2.73-acre parcel in The Springs community with amenities.
      388 Palisade Trail, Denton, NC 27239
      View Details
    • $54,900

      Residential Land in Gated Community

      4.08-acre parcel with community amenities and seasonal views.
      1996 Sierra Trace Road, Denton, NC 27239
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two lots totaling 6+ acres near High Rock Lake.
    Where is this residential land & home lot located?
    The property is located at 120 Harborgate Drive Denton, NC.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: Double lot: Over 6 acres of land at High Rock Lake; No HOA: Enjoy freedom from homeowner association rules and fees; Site/stick built homes only: Allows for custom home construction
    (336) 250-0947
    We can help!
    Listing Contact
    Chris Skeen
    Learn More
    Request Owner's contact information
    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
    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!