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

    3605 W Ten Road Efland, NC 27243

    View on Map
    Claim this Listing
    For Sale
    $1,200,000

    LAND - Efland, NC

    Lot size:
    9.13 Acres
    Added:
    Feb 15, 2023
    Days on Market:
    1171
    Last Refresh:
    May 1 at 5:06 am

    Property Features for 3605 W Ten Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    9.13 Acres

    Taxes and HOA fees

    Tax Description
    9844855497

    We can help!

    Listing Contact
    Dwight Epperson
    Dwight Epperson

    Listing agent Dwight Epperson License #59496

    Listing office Re/MaxDiamond Realty 202 S Fifth Street, Mebane, NC

    Listing date Feb 15, 2023

    MLS# 2495177 Listing URL

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

    Overview

    9+ Acres with I/85-I/40 Visibility

    This property features over 9 acres with visibility from I/85-I/40 and convenient access from the Efland exit. Located on Old 10, the land benefits from significant road frontage. Currently, the property includes one home and two mobile home rental sites. Water and sewer services are available. Rezoning will be required. The location is suitable for potential development as a hotel, restaurant, or retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Donkey N Da ... Electronics & Wireless Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Efland
    County
    Orange
    State
    North Carolina
    Longitude
    -79.172712
    Latitude
    36.072965

    Nearby Similar for Sale

    • $175,000

      Cleared Land Ready for Home

      2.19 acre lot suitable for a 5-bedroom home.
      2 Brookhollow Road N, Efland, NC 27243
      View Details
    • $175,000

      Cleared Land Ready For Home

      2.19 acre lot, cleared, suitable for a 5-bedroom home.
      1 Brookhollow Road N, Efland, NC 27243
      View Details
    • $380,000

      Undeveloped Land in Rural Setting

      10-acre parcel in Efland, NC, suitable for custom home.
      Northpointe Farms Trail, Efland, NC 27243
      View Details
    • $350,000

      Secluded 11-Acre Conservation Land Parcel

      Unimproved 11-acre land parcel in a conservation neighborhood.
      Tbd Elg Road, Efland NC 27243, Efland, NC 27243
      View Details
    • $399,900

      19 Acres Estate Assemblage, Efland

      19-acre estate in high-demand area between Hillsborough and Mebane.
      1600 Mt. Willing Road, Efland, NC 27243
      View Details
    • $175,000

      Residential Land in Efland, NC

      Two-acre residential lot near Hillsborough with recorded septic permit.
      Sepelo Way lot: 5, Efland, NC 27243
      View Details
    • $210,000

      9 Acres Wooded Tract Efland

      9-acre wooded tract perfect for investment or recreation.
      Mt. Willing Road lot: B 1600, Efland, NC 27243
      View Details
    • $254,000

      Efland Land with Permit History

      10 acres in Efland, NC with expired permit history.
      Mt. Willing Road lot: A 1600, Efland, NC 27243
      View Details
    • $190,000

      Land in Quiet Country Setting

      5.02 acre wooded lot, suitable for 3-4 bedroom home.
      Northpointe Farms Trail, Efland, NC 27243
      View Details
    • $190,000

      Land in Quiet Country Setting

      5.03 acre lot in Efland, suitable for home.
      Northpointe Farms Trail, Efland, NC 27243
      View Details
    • $799,000

      32.47 Acres in Efland, NC

      32.47 acres with road frontage near Mebane and Chapel Hill.
      1820 Efland - Cedar Grove Road, Efland, NC 27243
      View Details
    • $2,540,000

      Efland Land with Private Lake

      109.51 acre tract featuring a 22-acre private lake.
      2918-3000 Chestnut Ridge Church Road, Efland, NC 27243
      View Details

    FAQs

    What type of property is this?
    Commercial land - 9+ acres with excellent visibility and easy access.
    Where is this commercial land located?
    The property is located at 3605 W Ten Road Efland, NC.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 9+ acres with excellent visibility and easy access from the Efland exit.; High traffic location backing up to I/85‑I/40.; Excellent location for hotel, restaurant, or retail development.
    (336) 260-2189
    We can help!
    Listing Contact
    Dwight Epperson
    Dwight Epperson
    Real Estate License ID: 59496
    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!