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

    Hendren Road Moravian Falls, NC 28654

    View on Map
    Claim this Listing
    For Sale
    $175,000

    LAND - Moravian Falls, NC

    Lot size:
    25.30 Acres
    Added:
    Jan 29, 2026
    Days on Market:
    77
    Last Refresh:
    Apr 16 at 4:06 am

    Property Features for Hendren Road

    General Information

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

    We can help!

    Listing Contact
    Amy Clovis
    Amy Clovis

    Listing agent Amy Clovis License #289560

    Listing office eXp Realty LLC Charlotte, NC

    Listing date Jan 29, 2026

    MLS# 1182956 Listing URL

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

    Overview

    Creek Front Land in Moravian

    This 25.3-acre creek front lot is located in Moravian Falls. The property features gently sloping hills that transition into level clearings, mature hardwoods, and a tranquil creek winding through the landscape. The forested canopy provides seasonal mountain views. It is suitable for building a dream home, vacation home, or a small residential development. There is no HOA. The lot is located 10 minutes from downtown Wilkesboro for shopping and dining, and a 20-minute drive to the Blue Ridge Parkway. According to the county, the lot can be subdivided into a maximum of 10 lots, with 1000 feet of road frontage and a minimum square footage requirement for building. Short term rentals are allowed. Manufactured homes are permitted, provided they are considered real property and have 2 acres per home if there is more than one manufactured home on the lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Moravian Falls
    County
    Wilkes
    State
    North Carolina
    Longitude
    -81.114501
    Latitude
    36.067489

    Nearby Similar for Sale

    • $65,000

      Unrestricted Land in Moravian Falls

      8.33+/- acres of wooded land with mountain view potential.
      S NC Highway 16, Moravian Falls, NC 28654
      View Details
    • $279,900

      Undeveloped Land with Creek

      52.7-acre land parcel with creek and abundant wildlife.
      E Brocktown Road, Moravian Falls, NC 28654
      View Details
    • $48,000

      Land in Moravian Falls, NC

      Building lot with utilities in Moravian Falls, North Carolina.
      Salem Drive, Moravian Falls, NC 28624
      View Details
    • $119,900

      Former Service Station on Acreage

      Adaptable building on over an acre, leased until 2026.
      6506 S NC Highway 16, Moravian Falls, NC 28654
      View Details
    • $99,900

      Secluded Mountain Land in Moravian

      20.5 acres of wooded land in Moravian Falls, NC.
      000 E Brocktown Road, Moravian Falls, NC 28654
      View Details
    • $49,000

      Serene Wooded Lot in Community

      Wooded lot in Moravian Falls with community amenities.
      Lot 23 Zinzendorf Lane, Moravian Falls, NC 28654
      View Details
    • $55,000

      Serene Wooded Lot in Moravian Falls

      Wooded lot in a community with walking trails and gardens.
      Lot 26 Zinzendorf Lane, Moravian Falls, NC 28654
      View Details
    • $164,900

      Unrestricted Land in Wilkes County

      22.1 acres of unrestricted land for recreation or investment.
      0 Brushy Mtn Road, Moravian Falls, NC 28654
      View Details
    • $699,900
      36,000 SF

      Mixed-Use Investment Opportunity

      36,000 sq ft mixed-use property for retail, office, manufacturing.
      610 Bethany Church Rd, Moravian Falls, NC 28654
      View Details
    • $87,900

      Unrestricted Lot with Mountain Views

      Gorgeous, unrestricted lot in Moravian Falls with long-range mountain views.
      Lot 15 Dogwood Road, Moravian Falls, NC 28654
      View Details
    • $49,000

      Wooded Lot in Moravian Falls

      Serene wooded lot with community amenities in Moravian Falls.
      Lot 24 Zinzendorf Lane #24, Moravian Falls, NC 28654
      View Details
    • $52,000

      Wooded Lot in Moravian Falls

      Serene wooded lot with community features in Moravian Falls.
      Lot 25 Zinzendorf Lane #25, Moravian Falls, NC 28654
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 25.3 acre creek front lot perfect for residential development.
    Where is this residential land & home lot located?
    The property is located at Hendren Road Moravian Falls, NC.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: 25.3 acre creek front property in Moravian Falls.; Subdividable into up to 10 lots (per county).; No HOA.
    (704) 661-0241
    We can help!
    Listing Contact
    Amy Clovis
    Amy Clovis
    Real Estate License ID: 289560
    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!