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

    338 River Pines Trail Clemmons, NC 27012

    View on Map
    For Sale
    Under Contract
    $119,900

    Single Family Residence - Clemmons, NC

    Type:Single Family Residence
    Lot size:
    3.54 Acres
    Added:
    Feb 20, 2026
    Days on Market:
    42
    Last Refresh:
    Apr 3 at 6:06 am

    Property Features for 338 River Pines Trail

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    RA3
    Exterior features
    Pasture, Dead End, Natural Land, Partially Cleared, Rural, Secluded, Sloped
    Standard status
    Active Under Contract
    Lot size
    3.54 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Mary Price
    Mary Price

    Listing agent Mary Price

    Listing office Mary Elizabeth Price 1775 US-220 North, Stokesdale, NC

    Listing date Feb 20, 2026

    MLS# 1163590 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

    Secluded Farm with Revival Potential

    This secluded rural farm is perfectly suited for housing tractors, farm equipment, feed, and livestock. Once part of a 112-acre estate renowned for its fertile soil that yielded cotton and a variety of seasonal vegetables, this 3.54-acre property features a feed barn, a pack house, chicken coops, tractor sheds, and an old farmhouse, all awaiting revival. The property is located just outside the city limits of Clemmons and Winston-Salem along Hampton Road, less than half a mile from the Yadkin River.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Building Supply Kitchen & Bath Showroom Clothing & Fashion Store Home Appliance Store Plumbing Service (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Clemmons
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.369366
    Latitude
    35.961551

    Nearby Similar for Sale

    • $1.00

      Furnished Office Space Available

      Furnished office space featuring private offices, conference room, and reception.
      3844 Clemmons Road, Clemmons, NC 27012
      View Details
    • Contact for pricing

      NNN Leased Investment Opportunity

      15-year absolute net lease with high net worth guarantor.
      3 Twin Brook Dr, Clemmons, NC 27012
      View Details
    • $119,900

      Secluded Farm with Outbuildings

      Rural farm suitable for equipment, feed, and livestock.
      338 River Pines Trail, Clemmons, NC 27012
      View Details
    • Contact for pricing

      Furnished Office Space Available

      Furnished office with private offices, conference room, and reception area.
      3844 Clemmons Road #B, Clemmons, NC 27012
      View Details
    • $799,000
      2,385 SF

      Redevelopment Opportunity with Income

      Property with redevelopment potential and existing billboard income.
      2558 Lewisville Clemmons Rd, Clemmons, NC 27012
      View Details

    FAQs

    What type of property is this?
    Farm - Rural farm suited for tractors, equipment, feed, and livestock.
    Where is this farm located?
    The property is located at 338 River Pines Trail Clemmons, NC.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: Competitively priced below market value, offering an excellent opportunity.; Suited for housing tractors, farm equipment, feed, and livestock.; Includes a feed barn, pack house, chicken coops, and tractor sheds.
    (336) 520-4331
    We can help!
    Listing Contact
    Mary Price
    Mary Price
    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!