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

    Tbd Martinez Road Crumpler, NC 28617

    View on Map
    For Sale
    $124,900

    Land - Crumpler, NC

    Lot size:
    5.00 Acres
    Added:
    Jan 29, 2026
    Days on Market:
    62
    Last Refresh:
    Apr 1 at 2:06 am

    Property Features for Tbd Martinez Road

    General Information

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

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Michelle Halsey Dix

    Listing agent Michelle Halsey Dix

    Listing office A-1 Mountain Realty 1 North Jefferson Avenue, West Jefferson, NC

    Listing date Jan 29, 2026

    MLS# 259796 Listing URL

    Copyright © 2026 High Country Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unrestricted Riverfront Land in Crumpler

    This is a 5.003± acre unrestricted tract with over 500 feet of river frontage. The land lays beautifully along the riverbank, offering a gentle, usable bottom perfect for recreation. The property slopes upward, revealing multiple potential building sites suitable for a primary residence, vacation retreat, cabin, or investment opportunity. This heavily wooded and exceptionally private property provides a peaceful natural setting with the soothing sound of flowing water and abundant wildlife. With no HOA and no restrictions, there is flexibility to build, camp, or hold for future use. It offers possibilities for a riverfront escape, short-term rental, or multi-structure compound. The property is located in Crumpler, North Carolina.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Crumpler
    County
    Ashe
    State
    North Carolina
    Longitude
    -81.3801
    Latitude
    36.484

    Nearby Similar for Sale

    • $16,900

      Land in River Bend Heights

      Lot in a small cabin community near the New River.
      15a River Bend Hills Road, Crumpler, NC 28617
      View Details
    • $50,000

      Riverfront Lots in Crumpler, NC

      Two riverfront lots totaling 1.6 acres in Crumpler, NC.
      Lot 29 & 30 N Hidden Mountain Lane, Crumpler, NC 28617
      View Details
    • $18,500

      Wooded Lot in Summer Landing

      Wooded 0.927-acre lot in Summer Landing Subdivision, Crumpler, NC.
      Lot 17 Sunny Lane, Crumpler, NC 28617
      View Details
    • $99,000

      River View Lots in Crumpler

      Three lots with water and mountain views in gated community.
      Tbd Annais Drive, Crumpler, NC 28617
      View Details
    • $1,950,000

      Iconic Shatley Springs Restaurant Investment

      Restaurant with cabins, homes, and water source on US Hwy 16.
      436 Shatley Springs Road, Crumpler, NC 28617
      View Details
    • $20,500

      Corner Lot in Quiet Setting

      Nearly flat lot suitable for various home types.
      Tbd Cedar Hill Drive, Crumpler, NC 28617
      View Details
    • $139,000

      10-Acre Lot in Gated Community

      Mountain living: 10-acre lot in gated community near New River.
      Lot 17 Brownstone Lane, Crumpler, NC 28617
      View Details
    • $8,500

      Land Near New River

      Almost one acre lot near New River in Crumpler.
      Lot 21 Eagles Landing Dr, Crumpler, NC 28617
      View Details
    • $26,500

      Crumpler Land with Meadow View

      1.411 acre lot with meadow and stream in Crumpler.
      Lot 9 Clearview Ridge Road, Crumpler, NC 28617
      View Details
    • $127,500

      Unrestricted Land Parcel in Crumpler

      21.325 acres of unrestricted land with stream and wildlife.
      Tbd Plumb Nearly Rd, Crumpler, NC 28617
      View Details
    • $1,800,000

      Riverfront Land in Crumpler, NC

      39.414 acres of premier riverfront property on the New River.
      Tbd Ballou Farm Road, Crumpler, NC 28617
      View Details
    • $250,000

      Unrestricted Land with River Frontage

      20+ acres of unrestricted land with New River frontage.
      No # Edna Perry Road, Crumpler, NC 28617
      View Details

    FAQs

    What type of property is this?
    Land - 5+ acre unrestricted riverfront property with over 500 feet frontage.
    Where is this land located?
    The property is located at Tbd Martinez Road Crumpler, NC.
    What is the asking price?
    The asking price for this property is $124,900.
    What are key features of this property?
    This property features: Unrestricted 5.003± acre riverfront property with over 500 feet of river frontage.; Multiple potential building sites suitable for various structures.; Enjoy the gentle, usable river bottom ideal for recreation and relaxation.
    (336) 846-4900
    We can help!
    Listing Contact
    Michelle Halsey Dix
    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!