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    Junny Rd Angier, NC 27501

    View on Map
    Sponsored
    For Sale
    $279,000

    LAND - Angier, NC

    Lot size:
    3.92 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 6 at 11:06 pm

    Property Features for Junny Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Partially Wooded
    Zoning
    RA-30
    APN
    0674-76-8133.000
    Lot size
    3.92 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Perc Test On File
    Water source
    Public, Well

    We can help!

    Listing Contact
    Pontus Karnsund

    NorthGroup Real Estate LLC (704) 412-2804

    Listing agent Pontus Karnsund (919) 986-6850

    Listing date Mar 6, 2026

    MLS# 10151149

    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.

    Learn more

    Property Insight Report

    Overview

    Wooded Acres in Growing Angier

    This property features 4 wooded acres located behind 599 Junny Rd in the growing Angier area. Zoned RA-30, the land allows for low-density residential and agricultural uses, including horses and other livestock. The site has been perc tested for two 3-4 bedroom homes, offering flexibility for a private estate, equestrian property, family compound, or long-term investment. Strong growth in the Angier-Fuquay corridor continues to drive demand for both residential homesites and new development. A conceptual layout illustrating potential for up to 15 townhomes is available for buyers exploring future development possibilities, with zoning changes and approvals to be verified with local planning authorities. Water, sewer, and electricity are available at the property, providing flexibility depending on a buyer's development plans. The property is currently outside incorporated town limits, which may allow for lower county tax rates, while still offering the option to connect to nearby utilities or potentially incorporate depending on future plans. A small creek and mature trees provide natural privacy and character throughout the parcel. The location offers utility access, flexible zoning, and multiple potential uses close to Angier.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Angier
    County
    Harnett
    State
    North Carolina
    Longitude
    -78.736556
    Latitude
    35.524919

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    FAQs

    What type of property is this?
    Residential land & home lot - 4 acres, RA-30 zoning, utilities available, multiple potential uses.
    Where is this residential land & home lot located?
    The property is located at Junny Rd Angier, NC.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: - 4 wooded acres zoned RA-30, ideal for residential or agricultural use.; - Perc tested for two homes, perfect for a **private estate or family compound**.; - Water, sewer, and electricity available on site.
    (919) 986-6850
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    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
    Junny Rd Angier, NC 27501
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    Listing Contact
    Pontus Karnsund
    (919) 986-6850
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