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

    9565 Rocky River Road Harrisburg, NC 28215

    View on Map
    For Sale
    Under Contract
    $5,999,000

    COMMERCIAL - Harrisburg, NC

    Lot size:
    11.97 Acres
    Added:
    Dec 20, 2024
    Days on Market:
    467
    Last Refresh:
    Apr 1 at 3:06 pm

    Property Features for 9565 Rocky River Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    GC
    Standard status
    Active Under Contract
    APN
    01-024-0055.00
    Lot size
    11.97 Acres

    Taxes and HOA fees

    TaxDescription
    SOUTH SIDE ROCKY RIVER RD 4.310AC

    We can help!

    Listing Contact
    Michael Bulvin

    Listing agent Michael Bulvin License #308991

    Listing office Redwood Realty Group LLC 8410 Pit Stop Ct NW Ste 140, Concord, NC

    Listing date Dec 20, 2024

    MLS# 4206924 Listing URL

    Copyright © 2026 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

    Harrisburg Commercial Land For Sale

    This commercial property features almost 12 acres across five parcels in a high-growth area south of Harrisburg, North Carolina, adjacent to I-485 at Exit 36 (Rocky River Road Exit). The site offers approximately 800 feet of road frontage on Rocky River Road. Zoned for commercial use, the property supports multi-use developments, offices, retail spaces, medical facilities, and more. This property presents a rare opportunity for a large-scale project or multiple developments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.665407
    Latitude
    35.283337

    Nearby Similar for Sale

    • $25,000

      Riverfront Lot in Harrisburg, NC

      Buildable riverfront lot near dining and shopping in Harrisburg.
      3642 Waterloo Drive, Harrisburg, NC 28075
      View Details
    • $25,000

      Riverfront Lot in Harrisburg, NC

      Riverfront lot for sale in the heart of Harrisburg.
      3648 Waterloo Drive, Harrisburg, NC 28075
      View Details
    • $1,300,000

      Harrisburg Flex/Industrial Property For Sale

      Three-suite property in high-demand Harrisburg flex/industrial market.
      4450-4454 Railroad Avenue Harrisburg, NC 28075
      View Details
    • $5,999,000

      Harrisburg Commercial Land Opportunity

      Almost 12 acres of commercial land in high-growth Harrisburg area.
      9565 Rocky River Road, Harrisburg, NC 28215
      View Details
    • $1,300,000
      5,015 SF

      Harrisburg Flex/Industrial Three-Suite Property

      Functional, modern industrial space in a high-demand Harrisburg market.
      4450 Railroad Ave, Harrisburg, NC 28075
      View Details
    • $1,525,000

      Commercial Land in Harrisburg, NC

      2.4 acres of prime commercial land for sale.
      4875 State Hwy 49, Harrisburg, NC
      View Details
    • Contact for pricing
      18,000 SF

      Retail and Office Center

      Entertainment and service-oriented retail, medical, and office center.
      5864 Coulee Ln, Harrisburg, NC
      View Details
    • $1,000,000
      2,516 SF

      Harrisburg Retail Property For Sale

      Retail property in Harrisburg, NC with ample parking.
      12095 University City Blvd, Harrisburg, NC
      View Details
    • $164,990

      Residential Land in Growing Community

      1.7-acre lot near Charlotte, NC, ideal for site-built home.
      8873 Rocky River Road, Harrisburg, NC 28075
      View Details
    • Contact for pricing

      Land Available in Harrisburg, NC

      Land for sale at 6815 Hudspeth Rd, Harrisburg, NC.
      6815 Hudspeth Rd, Harrisburg, NC
      View Details
    • $1,000,000
      2,516 SF

      Retail Space For Sale

      Retail space available for purchase.
      12095 University City Blvd, Harrisburg, NC 28075
      View Details
    • $1,995,000

      Harrisburg Land Parcel Available

      Large land parcel available in Harrisburg, North Carolina.
      5670 Morehead Rd, Harrisburg, NC
      View Details

    FAQs

    What type of property is this?
    Commercial land - 11.97 acres of commercial land in high-growth Harrisburg area.
    Where is this commercial land located?
    The property is located at 9565 Rocky River Road Harrisburg, NC.
    What is the asking price?
    The asking price for this property is $5,999,000.
    What are key features of this property?
    This property features: Large acreage: Almost 12 acres comprised of 5 parcels.; High‑growth location: Situated just south of Harrisburg, NC.; Excellent accessibility: Located directly off I‑485 (Exit 36).
    (704) 245-5654
    We can help!
    Listing Contact
    Michael Bulvin
    Real Estate License ID: 308991
    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!