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    632 Drexel Rd Valdese, NC 28690

    Sponsored
    For Sale
    $2,500,000

    LAND - Valdese, NC

    Lot size:
    165.00 Acres
    Days on Market:
    87
    Last Refresh:
    Jan 9 at 1:06 pm

    Property Features for 632 Drexel Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    62611
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    165.00 Acres

    Utilities

    Sewer type
    Septic Needed

    Boyd & Hassell, Inc (828) 322-1005 [email protected]

    Listing agent Mary Foster (828) 270-4219

    Listing date Oct 15, 2025

    Copyright © 2025 Canopy 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

    Valdese Land Near I-40

    This property offers approximately 165 acres in a location near I-40. Situated in Valdese, North Carolina, the land borders High Peak Mountain Road and Drexel Road, featuring views and two creeks. It is located about 15 minutes from Morganton, 20 minutes from Hickory, an hour from Asheville, and slightly over an hour to Charlotte. The property includes service road frontage centered between I-40 Exits 106 and 107.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Restaurant Law Firm Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store Food Market Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Valdese
    County
    Burke
    State
    North Carolina
    Longitude
    -81.608207
    Latitude
    35.735931

    Nearby Similar for Sale

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    • $139,000
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      Waterfront Lot with Mountain Views

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    • $895,000
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    FAQs

    What type of property is this?
    Land - 165 acres near I-40, convenient to Morganton, Hickory, Asheville, Charlotte.
    Where is this land located?
    The property is located at 632 Drexel Rd Valdese, NC.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Approximately 165 acres of land.; - Convenient location near I-40, between Exits 106 and 107.; - Beautiful views.
    (828) 270-4219
    Request Owner's contact information
    632 Drexel Rd Valdese, NC 28690
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    Valdese, NC 28690
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    Realmo Value Estimation

    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.

    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.

    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
    632 Drexel Rd Valdese, NC 28690
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