Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    00 Powell Bridge Road Harmony, NC 28634

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $275,000

    20.84 acres of cleared land ideal for farming.

    Type:Land or Vacant Lot
    Lot size:
    20.84 Acres
    Added:
    Apr 16, 2026
    Days on Market:
    17
    Last Refresh:
    Apr 20 at 9:12 pm

    Property Features for 00 Powell Bridge Road

    General Information

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

    We can help!

    Listing Contact
    TAMMY MALLORY

    Listing agent TAMMY MALLORY

    Listing office EXP REALTY

    Listing date Apr 16, 2026

    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 EXP REALTY

    Overview

    Harmony, NC Farmland Opportunity

    This 20.84-acre tract is located in Harmony, NC. Previously used for farming, the property is mostly cleared and features gently rolling terrain. Approximately 3.5 acres of mature trees provide a backdrop and privacy. A small branch runs along the rear of the property, adding a natural water feature. The land offers multiple potential homesites with views of the surrounding countryside. It is suited for a private estate, mini-farm, or recreational retreat. The property is located in a rural setting, with convenient access to nearby towns and major roadways. It is suitable for building a dream home, starting a homestead, or investing in land.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Harmony
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.70752
    Latitude
    35.995785

    Nearby Similar for Sale

    • $169,000

      Harmony, NC 10-Acre Lot

      10-acre lot with utilities near Harmony, North Carolina.
      4 Alexander Farm Road, Harmony, NC 28634
      View Details
    • $189,000

      Harmony, NC Land For Sale

      10 acre lot near Harmony, NC with available utilities.
      2 Alexander Farm Road, Harmony, NC 28634
      View Details
    • $199,000

      Harmony, NC Land Opportunity

      10+ acre lot near Harmony, NC with utilities available.
      1 Alexander Farm Road, Harmony, NC 28634
      View Details
    • $82,500

      Harmony, NC - 6 Acres

      6-acre lot in Harmony, NC, ideal for custom home.
      238 Rimrock Road, Harmony, NC 28634
      View Details
    • $275,000

      Harmony, NC Land Tract

      20.84-acre tract ideal for estate, mini-farm, or retreat.
      Powell Road, Harmony, NC 28634
      View Details
    • $169,000

      Land Parcel Near Harmony, NC

      10-acre lot with utilities near Harmony, NC.
      4 Alexander Farm Road, Harmony, NC 28634
      View Details
    • $199,000

      Harmony Land Parcel For Sale

      10-acre lot near Harmony, NC with utilities and creek access.
      1 Alexander Farm Road, Harmony, NC 28634
      View Details
    • $189,000

      Harmony Land Parcel For Sale

      10-acre lot near Harmony, NC with utilities and creek access.
      2 Alexander Farm Road, Harmony, NC 28634
      View Details
    • $150,000

      Commercial Building on Harmony Highway

      Commercial building with shop and office space in Harmony, NC.
      3374 Harmony Highway, Harmony, NC 28634
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 20.84 acres of cleared land ideal for farming.
    Where is this agricultural land / farmland located?
    The property is located at 00 Powell Bridge Road Harmony, NC.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Large 20.84‑acre tract suitable for estate, farm, or recreation.; Mostly cleared land with gently rolling terrain and multiple potential homesites.; Approximately 3.5 acres of mature trees for privacy and aesthetics.
    (888) 584-9431
    We can help!
    Listing Contact
    TAMMY MALLORY
    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

    Thank You for Inquiry

    00 Powell Bridge Road, Harmony, NC 28634

    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!