Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    2 Acre Tobaccoville Land Parcel Title is generated by Realmo AI

    Rolling Hill Drive, Tobaccoville, NC 27050

    View on Map
    Claim this Listing
    New
    Pending
    Contact for pricing

    LAND - Tobaccoville, NC

    Type:Single Family Residence
    Lot size:
    2.05 Acres
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 7:06 pm

    Property Features for Rolling Hill Drive

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    AG
    Standard status
    Pending
    Lot size
    2.05 Acres

    We can help!

    Listing Contact
    Noah Wilkerson

    Listing agent Noah Wilkerson

    Listing office Leonard Ryden Burr Real Estate NC

    Listing date Jun 3, 2026

    MLS# 1210954 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.

    HighLights

    • Rare price per acre for this size tract.
    • Over 2 acres outside of town limits.
    • Suitable for recreational use.
    • Great small hunting tract with frequent deer, turkey, and coyote sightings.
    • Features a stream for livestock.
    • Cleared bottom area ideal for a food plot.

    Overview

    This 2.05-acre tract is located just outside the town limits of Tobaccoville, North Carolina, in Forsyth County. Zoned AG, the land is not suitable for a home due to perc limitations. It is suitable for a storage building, garden, or recreational use. The property is a small hunting tract with frequent sightings of deer, turkey, and coyote. A stream runs through the land, making it suitable for livestock. There is also a cleared bottom area that is ideal for a food plot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Tobaccoville
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.38783
    Latitude
    36.238899

    Nearby Similar for Sale

    • $87,500

      Tobaccoville Land in Speas Meadow

      Two lots combined offer space, privacy, and building flexibility.
      3387 Serenity Ridge Lane, Tobaccoville, NC 27050
      View Details
    • $88,000

      Land in Established Tobaccoville Neighborhood

      Two lots available in Speas Meadow neighborhood, Tobaccoville, North Carolina.
      3381 Serenity Ridge Lane, Tobaccoville, NC 27050
      View Details
    • $189,000

      Tobaccoville Land with Pond

      12.85 acres of land with pond in Tobaccoville, NC.
      Doral Drive, Tobaccoville, NC 27050
      View Details
    • $450,000

      39+ Acre Rural Retreat

      Land with creek near Winston-Salem, ideal for estate or farm.
      00 Hidden Ridge Trail, Tobaccoville, NC 27050
      View Details
    • $24,500

      Residential Land in Tobaccoville, NC

      Land available for building a dream home in Tobaccoville.
      3525 Doral Court, Tobaccoville, NC 27050
      View Details
    • $265,000

      29 Acres Near Winston-Salem

      29.13 acres of mixed terrain near Winston-Salem.
      7975 Evans Farm Road, Tobaccoville, NC 27050
      View Details
    • $265,000

      29 Acres Near Highway 52

      29 acres of mixed terrain near Winston-Salem, North Carolina.
      7975 Evans Farm Road, Tobaccoville, NC 27050
      View Details
    • $44,000

      Residential Land in Tobaccoville, NC

      Residential land with mature trees in Tobaccoville, North Carolina.
      2 Nauvoo Ridge Drive, Tobaccoville, NC 27050
      View Details
    • $229,500

      Secluded Land with Stream

      17.02 acres of secluded land featuring a stream.
      0-0-0 River Bluff Farms Road, Tobaccoville, NC 27050
      View Details
    • $50,000

      Land with Sunset Views

      West-facing land with well, creek, and cabin foundation.
      7680 Donnaha Road, Tobaccoville, NC 27050
      View Details
    • $75,000

      Wooded Land for Private Getaway

      4.12 acres of wooded land with mature trees.
      0000 Worrell Drive, Tobaccoville, NC 27050
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 2.05 acre tract suitable for storage, garden, or recreation.
    Where is this agricultural land / farmland located?
    The property is located at Rolling Hill Drive Tobaccoville, NC.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Rare price per acre for this size tract.; Over 2 acres outside of town limits.; Suitable for recreational use.
    (336) 413-5799
    We can help!
    Listing Contact
    Noah Wilkerson
    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

    Thank You for Inquiry
    Rolling Hill Drive, Tobaccoville, NC 27050
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!