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

    102 Deer Meadow Lane Lawndale, NC 28090

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $200,000

    One-acre corner lot with new building and established business.

    Type:Commercial
    Added:
    Jul 26, 2025
    Days on Market:
    267
    Last Refresh:
    Apr 5 at 8:54 pm

    Property Features for 102 Deer Meadow Lane

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    2025

    We can help!

    Listing Contact
    JUAN RIVERA

    Listing agent JUAN RIVERA License #289777

    Listing office RIVERA

    Listing date Jul 26, 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 RIVERA

    Overview

    Established Business on Corner Lot

    This property presents an opportunity to acquire an established business situated on a one-acre corner lot. The sale includes mulch located in the yard, as well as a quantity of blocks and bricks included in the inventory. A new 1,200 square foot building is located on the property, along with a covered port suitable for equipment storage. The business has a longstanding presence in the area. Electricity and water services are available, but are not currently connected. The property does not have a septic tank or sewage system.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nursery and garden centers

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Pharmacy Department Store Food Market Storage Facility Grocery & Convenience Store Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawndale
    County
    Cleveland
    State
    North Carolina
    Longitude
    -81.5011
    Latitude
    35.4433

    Nearby Similar for Sale

    • $499,000

      Pasture and Farmland with Views

      23.86 acre property with mountain views in Lawndale, NC.
      Davids Chapel Church Rd, Lawndale, NC 28168
      View Details
    • $40,000

      Corner Lot in Lawndale, NC

      0.45-acre corner lot with commercial potential in Lawndale, NC.
      Elam Street, Lawndale, NC 28090
      View Details
    • $797,000

      Farmland with River Frontage

      54 acres of farmland featuring river views and frontage.
      Powerhouse Road, Lawndale, NC 28090
      View Details
    • $50,000

      Private Land in Lawndale, NC

      3.74 acres to build your dream home.
      300 Saint Paul Church Road, Lawndale, NC 28090
      View Details
    • $325,000

      Lawndale, NC 40.51 Acre Land

      40.51 acre parcel in Upper Cleveland County, partially wooded.
      Casar Belwood Road, Lawndale, NC 28090
      View Details
    • $395,000

      33 Acres in Cleveland County

      33 acres of land suitable for farming or development.
      Polkville Road, Lawndale, NC 28090
      View Details
    • $225,000

      Versatile 9-Acre Countryside Tract

      9-acre Lawndale tract with fields, trees, and creek.
      Tbd Davids Chapel Church Rd, Lawndale, NC 28168
      View Details
    • $35,000

      Half-Acre Lots Ready to Build

      Cleared half-acre lots with septic permits and county water.
      Eagle View Lane lot: (Lot 12) 801, Lawndale, NC 28090
      View Details
    • $69,000

      Lawndale Land: Build Your Dream

      5+ acre Lawndale lot, build your dream home!
      Lane Street, Lawndale, NC 28090
      View Details
    • $445,000
      2,338 SF

      Fallston Road Retail Opportunity

      2338 sq ft building on 1.04 acre lot.
      4541 Fallston Road, Lawndale, NC 28090,
      View Details
    • $35,000

      Cleared Half-Acre Lots Ready

      Half-acre lots with septic permit and county water access.
      Eagle View Lane lot: (Lot 11) 803, Lawndale, NC 28090
      View Details
    • $35,000

      Lawndale, NC Half-Acre Lots

      Cleared, construction-ready half-acre lots with septic permits.
      Eagle View Lane lot: (Lot 10) 805, Lawndale, NC 28090
      View Details

    FAQs

    What type of property is this?
    Nursery and garden center - One-acre corner lot with new building and established business.
    Where is this nursery and garden center located?
    The property is located at 102 Deer Meadow Lane Lawndale, NC.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Established and longstanding business with proven track record.; One acre corner lot with a brand new 1200 Sq/ft building (built in 2025).; Includes mulch and block/brick inventory.
    (215) 771-3322
    We can help!
    Listing Contact
    JUAN RIVERA
    Real Estate License ID: 289777
    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!