Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Wooded Lot in Jefferson Oaks Title is generated by Realmo AI

    2040 Jefferson Oaks Drive, Rural Hall, NC 27045

    View on Map
    Claim this Listing
    For Sale
    $35,000

    LAND - Rural Hall, NC

    Type:Single Family Residence
    Lot size:
    1.02 Acres
    Added:
    Dec 3, 2025
    Days on Market:
    177
    Last Refresh:
    May 29 at 11:06 pm

    Property Features for 2040 Jefferson Oaks Drive

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    AG
    Standard status
    Active
    Lot size
    1.02 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Public

    We can help!

    Listing Contact
    Eleanor Bell
    Eleanor Bell

    Listing agent Eleanor Bell

    Listing office Forsyth Realty Winston Salem, NC

    Listing date Dec 3, 2025

    MLS# 1193261 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.

    HighLights

    • Large, wooded building lot provides ample space and privacy.
    • Located in the desirable Jefferson Oaks subdivision.
    • Public water access available.
    • State‑maintained roads ensure easy access.
    • Opportunity to bring your own builder.
    • Septic tank system allows for flexible placement of the home.

    Overview

    This one-acre wooded building lot presents an opportunity to construct a new home within the Jefferson Oaks subdivision. The property benefits from state-maintained roads and access to public water. Located in Rural Hall, North Carolina, the lot is situated within Forsyth County. The property is zoned AG.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Auto Repair Shop Pharmacy Department Store Garden Center Furniture & Home Goods Cosmetic Store Catering Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Rural Hall
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.330595
    Latitude
    36.244603

    Nearby Similar for Sale

    • $35,000

      Unrestricted Lot in Rural Hall

      0.577-acre lot near North Beltway/Interstate-74, Rural Hall, NC.
      Grade Street, Rural Hall, NC 27045
      View Details
    • $1,250,000
      9,800 SF

      Conditioned Warehouse Space Available

      9,800 SF conditioned warehouse with office space for lease.
      465 Forum Pkwy, Rural Hall, NC
      View Details
    • $1,970,000
      36,537 SF

      Industrial/Warehouse Space with Cranes

      36,537 SF industrial/warehouse with office space and loading docks.
      8620 Broad Street, Rural Hall, NC 27045
      View Details
    • $2,800

      Forsyth County Land Auction Opportunity

      Land in Forsyth County available via online auction.
      Crooked Run Road, Rural Hall, NC 27045
      View Details
    • $40,000

      Commercial Land Near University Parkway

      0.76-acre commercial land parcel near University Parkway and I-74.
      6560 University Parkway, Rural Hall, NC 27045
      View Details
    • $10,000

      Land in Rural Hall, NC

      Land for sale via online auction in Forsyth County.
      Lot 8f University Parkway, Rural Hall, NC 27045
      View Details
    • $90,000

      15.4 Acres Wooded Land Parcel

      Residential development opportunity near Winston-Salem and Rural Hall, North Carolina.
      Phelps Circle, Rural Hall, NC 27045
      View Details
    • $299,900

      Usable Land in Rural Hall

      9.01 acres of land with country living and city convenience.
      00 Tuttle Road, Rural Hall, NC 27045
      View Details
    • $100,000

      Retail Property in Rural Hall

      Retail or commercial property with income potential in Rural Hall.
      8160 Depot Street, Rural Hall, NC 27045
      View Details
    • $595,000

      18 Acres Usable Land Parcel

      18.01 acres suitable for development or mini estate.
      911 Tuttle Road, Rural Hall, NC 27045
      View Details
    • $2,200

      Forsyth County Land Auction

      Land available in Forsyth County via online auction.
      Lake Vista Trail, Rural Hall, NC 27045
      View Details
    • $750,000

      Land Parcels in Growing Market

      Two outparcels available in Rural Hall, North Carolina.
      665 Montroyal Rd, Rural Hall, NC
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - One-acre wooded lot for building a new home.
    Where is this residential land & home lot located?
    The property is located at 2040 Jefferson Oaks Drive Rural Hall, NC.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: Large, wooded building lot provides ample space and privacy.; Located in the desirable Jefferson Oaks subdivision.; Public water access available.
    (336) 978-6836
    We can help!
    Listing Contact
    Eleanor Bell
    Eleanor Bell
    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

    Thank You for Inquiry
    2040 Jefferson Oaks Drive, Rural Hall, NC 27045
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!