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

    917 John Mitchell Road Youngsville, NC 27596

    View on Map
    Pending
    $650,000

    LAND - Youngsville, NC

    Lot size:
    11.70 Acres
    Added:
    Oct 8, 2025
    Days on Market:
    176
    Last Refresh:
    Apr 1 at 9:06 am

    Property Features for 917 John Mitchell Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-30
    Vegetation
    Grassed, Wooded, Cleared
    Standard status
    Pending
    APN
    1833-79-3095
    Lot size
    11.70 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    PIN # 1833-79-3095
    TaxAnnualAmount
    1060

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Needed
    Water source
    Public

    Building Details

    Additional Structures
    Storage

    We can help!

    Listing Contact
    Rhonda Lester

    Listing agent Rhonda Lester

    Listing office Premier Advantage Realty Inc 2555 Capitol Dr, Ste A, Raleigh, NC

    Listing date Oct 8, 2025

    MLS# 10126613 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

    Youngsville Farm Land with Barn

    This 11.7-acre farm land, located on the western side of Youngsville, NC, presents an opportunity for building a dream home. The slightly rolling land includes a barn measuring 80x28, suitable for animals, and two small storage buildings. The property also features two ponds. With over 250 feet of road frontage, this land is suited for homesteading, a hobby farm, or a serene homesite. The R-30 zoning allows for the possibility of constructing two houses, making it suitable for a multi-generational property. Minimal deed restrictions apply.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Real Estate Agency Building Supply Auto Repair Shop Department Store Kitchen & Bath Showroom Electrical Service Computer & Electronic Repair Tech Support Center Plumbing Service (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Youngsville
    County
    Franklin
    State
    North Carolina
    Longitude
    -78.52946
    Latitude
    36.04867

    Nearby Similar for Sale

    • $5,000,000

      Mixed-Use Land with Highway Frontage

      5.2-acre mixed-use parcel with 1,080 feet of highway frontage.
      100 Ag Drive, Youngsville, NC 27596
      View Details
    • $2,256,000

      Prime Development Site on US 401

      47+/- acre development site in rapidly expanding Youngsville, NC.
      Us 401 Highway S, Youngsville, NC 27596
      View Details
    • $472,500

      Unrestricted Acreage with Garage

      13+ acres with garage, shed, and existing home.
      598 Moores Pond Road, Youngsville, NC 27596
      View Details
    • $249,000

      Youngsville Land Near Highways

      Three acre residential land parcel near US 1 and Highway 96.
      105 Old John Mitchell Road, Youngsville, NC 27596
      View Details
    • $65,000

      2.36 Acres Wooded Parcel

      Wooded 2.36-acre parcel in a growing area.
      13 Martindale Drive, Youngsville, NC 27596
      View Details
    • $200,000

      Land in Youngsville, North Carolina

      1.96 acres of land in Youngsville, North Carolina.
      5033 Mitchell Town Road, Youngsville, NC 27596
      View Details
    • $5,000,000

      Mixed-Use Corner Tract on Highway

      5.2-acre mixed-use parcel with 1,080 feet of highway frontage.
      100 Ag, Youngsville, NC 27596
      View Details
    • $2,000,000
      2 SF

      Prime Land at Signalized Intersection

      2.18 acres at US 1 & NC 96, Youngsville.
      US 1 at NC 96, Youngsville, NC 27596
      View Details
    • $650,000

      Farm Land with Two Ponds

      Farm land with ponds near Youngsville, NC, ready for building.
      917 John Mitchell, Youngsville, NC 27596
      View Details
    • $252,000

      Land Ready For Dream Home

      Land with completed perc test, ready for custom or modular home.
      195 Owl, Youngsville, NC 27596
      View Details
    • $1,395,000
      9,012 SF

      Dollar General Investment Opportunity

      Dollar General property with lease and extension options for sale.
      5174 US-401, Youngsville, NC 27596
      View Details
    • $2,000,000

      Prime Land at Signalized Intersection

      2.18 acres available for sale or lease in Youngsville.
      US-1 Hwy, Youngsville, NC 27596
      View Details

    FAQs

    What type of property is this?
    Farm - 11.7 acres of farmland featuring a barn and two ponds.
    Where is this farm located?
    The property is located at 917 John Mitchell Road Youngsville, NC.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Farm land with two ponds, ideal for building a dream home.; Suitable for homesteading, hobby farm, or serene homesite.; Potential for multi‑generational living with two possible homesites.
    (919) 418-5942
    We can help!
    Listing Contact
    Rhonda Lester
    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!