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

    00 Parsonsville Road Purlear, NC 28665

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $89,900

    Pristine rural land for retreat, homestead, or investment.

    Type:Land or Vacant Lot
    Lot size:
    10.50 Acres
    Added:
    Dec 23, 2025
    Days on Market:
    122
    Last Refresh:
    Apr 5 at 11:07 pm

    Property Features for 00 Parsonsville Road

    General Information

    Standard status
    Active
    Lot size
    10.50 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    MELINDA GOFORTH

    Listing agent MELINDA GOFORTH License #343555

    Listing office GOFORTH & CO REAL ESTATE

    Listing date Dec 23, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of GOFORTH & CO REAL ESTATE

    Overview

    10.5 Acres of Mountain Land

    This 10.5-acre tract of rural land is located in a peaceful setting. The acreage features mature hardwoods, gentle slopes, and potential homesites with mountain views. The property offers opportunities for building a mountain retreat, creating a family homestead, or holding as a long-term investment. Outdoor enthusiasts may appreciate the abundant wildlife and fresh mountain air. The location provides a quiet escape, with convenient access to nearby towns, hiking trails, rivers, and the Blue Ridge Parkway. The property is an ideal spot for stargazing and relaxation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Law Firm Barber Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Purlear
    County
    Wilkes
    State
    North Carolina
    Longitude
    -81.3044
    Latitude
    36.1848

    Nearby Similar for Sale

    • $150,000
      1,900 SF

      Purlear Convenience Store with Gas

      Gas station and convenience store near West Wilkes High School.
      8172 Boone Trail, Purlear, NC 28665
      View Details
    • $34,900

      Purlear Land in Gated Community

      1.9 acre lot in gated ATV community.
      Pine Burr Drive lot: 139, Purlear, NC 28665
      View Details
    • $699,900

      Land in Purlear, North Carolina

      61.2 acres of hunting and recreational land near Cielo Falls.
      Summit Road, Purlear, NC 28665
      View Details
    • $59,900

      Land in Gated ATV Community

      6.68 acres in Buck Mountain, near Blue Ridge Parkway.
      Casey Mountain Road lot: 213, Purlear, NC 28665
      View Details
    • $55,000

      Land with Mountain Views

      3.1 acre lot in gated ATV community.
      Buck Mountain Road lot: 96, Purlear, NC 28665
      View Details
    • $129,500

      Land with Sunset Views

      7+ acre tract with owner financing and shared well.
      Lazy Bear Lane, Purlear, NC 28665
      View Details
    • $37,500

      Level Lot in Gated Community

      Residential lot with driveway, utilities, and community amenities.
      Deer Antler Drive lot: 82, Purlear, NC 28665
      View Details
    • $39,900

      Secluded Lot in Gated Community

      1.97 acre lot with driveway and septic permit.
      Rich Pine Drive lot: 120, Purlear, NC 28665
      View Details
    • $329,900

      Unrestricted Land with Mountain Views

      95+/- acre unrestricted land tract with hunting cabin.
      White Oak Road, Purlear, NC 28665
      View Details
    • $59,900

      Purlear Land with Mountain Views

      1.6-acre lot in gated ATV community with easy access.
      Bobcat Mountain Road lot: 27, Purlear, NC 28665
      View Details
    • $145,000

      Land in Gated Buck Mountain

      10.69 acre lot with creek frontage and homesite.
      Pepper Bush Road lot: 109 & 110, Purlear, NC 28665
      View Details
    • $59,900

      Land in Gated ATV Community

      6.12 acre lot in Buck Mountain, Purlear, NC
      Casey Mountain Road lot: 209, Purlear, NC 28665
      View Details

    FAQs

    What type of property is this?
    Land - Pristine rural land for retreat, homestead, or investment.
    Where is this land located?
    The property is located at 00 Parsonsville Road Purlear, NC.
    What is the asking price?
    The asking price for this property is $89,900.
    What are key features of this property?
    This property features: 10.5 acres of pristine rural land offering privacy and space.; Potential homesites with serene mountain views.; Conveniently located near towns, hiking trails, rivers, and the Blue Ridge Parkway.
    (828) 493-9009
    We can help!
    Listing Contact
    MELINDA GOFORTH
    Real Estate License ID: 343555
    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!