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

    18 Glen Brooke Ln King, NC 27021

    Sponsored
    For Sale
    $109,900

    Unimproved Land - King, NC

    Type:Unimproved Land
    Lot size:
    2.07 Acres
    Days on Market:
    33
    Last Refresh:
    Feb 28 at 12:06 pm

    Property Features for 18 Glen Brooke Ln

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    R-15-CU
    Lot size
    2.07 Acres

    Taxes and HOA fees

    Expense value
    201
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kent W. Slate
    Kent W. Slate

    Sherry Whitt Properties, Inc. (336) 407-1237

    Listing agent Kent W. Slate (336) 407-1237

    Listing date Jan 27, 2026

    MLS# 1168428 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.

    Learn more

    Property Insight Report

    Overview

    Residential Land in Established Neighborhood

    This is a 2.067-acre building lot situated within an established neighborhood in King, North Carolina. The property is zoned R-15-CU. The location offers convenience, with proximity to Highway 52, local amenities, doctors' offices, restaurants, and a city park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Big Box & Wholesale Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    King
    County
    Stokes
    State
    North Carolina
    Longitude
    -80.330775
    Latitude
    36.289304

    Nearby Similar for Sale

    • New
      $325,000
      Pending

      Retail Property in King, NC

      High-traffic location with B-2 zoning, ideal for various businesses.
      317 E King St, King, NC 27021
      View Details
    • Contact for pricing
      6,450 SF

      King, NC Commercial Space

      Versatile commercial space in King Shopping Center, Main Street.
      607 Main St, King, NC 27021
      View Details
    • $399,900

      Downtown King Retail Opportunity

      Retail property for sale in revitalizing downtown King, NC.
      204 S Main St, King, NC 27021
      View Details
    • $2,000,000
      5,200 SF

      Prime Retail Location in King, NC

      One-acre property with two active businesses and ample parking.
      509 S Main St, King, NC 27021
      View Details
    • $285,000

      King, NC Cottage Bungalow Investment

      Charming mixed-use property near downtown King, NC. B-2 zoning.
      313 King St, King, NC 27021
      View Details
    • $450,000

      Commercial Building with Income Potential

      Commercial building with multiple units, income potential, and road frontage.
      302 S Main St #A, King, NC 27021
      View Details
    • $950,000
      75,000 SF

      King's Crossing Restaurant Lot

      Prime NC Restaurant/Retail Opportunity
      2 Moore Rd, King, NC 27021
      View Details
    • Contact for pricing
      1,250 SF

      King's Crossing: Anchor Site

      8-Acre Retail Development Opportunity
      151 Moore Rd, King, NC 27021
      View Details
    • $60,000
      0.48 Acres

      King Commercial Lot - B2 Zoning

      High-traffic location, city utilities. Great development opportunity.
      349 King St, King, NC 27021
      View Details
    • $299,000
      2.30 Acres

      King, NC Industrial Property

      2.3-Acre Industrial Lot, $299,000
      320 Newsome Rd, King, NC 27021
      View Details
    • $350,000
      2.00 Acres

      King, NC Retail Land Opportunity

      2 Acres, B-2 Zoning, City Limits
      101 Calloway Rd, King, NC 27021
      View Details
    • $395,000

      Downtown King Commercial Gem

      Prime King location, versatile space, great investment.
      205 Main St, King, NC 27021
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Unimproved land in King, NC, close to amenities.
    Where is this residential land & home lot located?
    The property is located at 18 Glen Brooke Ln King, NC.
    What is the asking price?
    The asking price for this property is $109,900.
    What are key features of this property?
    This property features: - Building lot available in an established neighborhood.; - Convenient location near Hwy 52.; - Close proximity to restaurants.
    (336) 816-2285
    Request Owner's contact information
    18 Glen Brooke Ln King, NC 27021
    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.
    18 Glen Brooke Ln
    King, NC 27021
    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
    18 Glen Brooke Ln King, NC 27021
    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

    We can help!
    Listing Contact
    Kent W. Slate
    Kent W. Slate
    Real Estate License ID: 243009
    (336) 816-2285 (336) 407-1237 (336) 983-2191
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!