Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Marshville Farmhouse with Pasture Title is generated by Realmo AI

    1212 Marshville Olive Branch Road, Marshville, NC 28103

    View on Map
    Claim this Listing
    For Sale
    $699,900

    Farmhouse on 22 acres of pastureland with barn and pond.

    Type:Land or Vacant Lot
    Lot size:
    22.00 Acres
    Added:
    Jan 17, 2026
    Days on Market:
    140
    Last Refresh:
    May 10 at 11:30 pm

    Property Features for 1212 Marshville Olive Branch Road

    General Information

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

    We can help!

    Listing Contact
    ROGER AUSTIN

    Listing agent ROGER AUSTIN

    Listing office CENTURY 21 PROVIDENCE REALTY

    Listing date Jan 17, 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 CENTURY 21 PROVIDENCE REALTY

    HighLights

    • Nearly 22 acres of improved pastureland suitable for cattle grazing.
    • Large, well‑maintained multi‑stall barn with hall.
    • Farmhouse located just outside city limits.
    • Pond of nearly an acre providing water for livestock.
    • Two‑car detached garage.
    • Additional outbuilding.

    Overview

    Located just outside the city limits on Marshville-Olive Branch Road, this property features a farmhouse reminiscent of a well-maintained home place from a century ago. The nearly 22-acre property includes a large, multi-stall barn with a hall large enough for a tractor or stock trailer. The barn is in excellent shape. Additional structures include a two-car detached garage and an outbuilding. The balance of the acreage is improved pastureland, which has been used for cattle grazing for many years. A pond of nearly an acre provides water for livestock. The property presents possibilities for a new owner's future.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Marshville
    County
    Union
    State
    North Carolina
    Longitude
    -80.3534906
    Latitude
    35.0023227

    Nearby Similar for Sale

    • $1,950,000
      3,500 SF

      High-Traffic Commercial Property in Marshville

      Iconic commercial property with high visibility in a developing corridor.
      6601 E Marshville Boulevard, Marshville, NC 28103
      View Details
    • $600,000

      Farmland Opportunity in Marshville, NC

      30+ acre farmland in Union County, perfect for custom dream home.
      Old Goldmine Road, Marshville, NC 28103
      View Details
    • $549,000

      Marshville Land with Creek Bottoms

      31.18 acres in Union County with diverse wildlife.
      Lucy Short Cut Road, Marshville, NC 28103
      View Details
    • $430,000

      Marshville Land: Private Retreat Potential

      23.48 acres for residence, hunting, recreation, or family compound.
      7812-A Hwy 742, Marshville, NC 28103
      View Details
    • $2,860,000
      23,890 SF

      Marshville Commercial Property For Sale

      23,890 SF commercial property with highway visibility in Marshville, NC.
      6920 E Marshville Boulevard, Marshville, NC 28103
      View Details
    • $155,000

      Wooded Lot in Pastoral Setting

      6.32-acre wooded lot perfect for custom home and ventures.
      5826 Landsford Road, Marshville, NC 28103
      View Details
    • $174,900

      Marshville Wooded Lot For Sale

      7-acre wooded lot for peaceful rural living in Union County.
      Philadelphia Church Road, Marshville, NC 28103
      View Details
    • $500,000
      2,773 SF

      Retail Space Available Now

      2,773 SF retail space available for lease now.
      136 E Main St, Marshville, NC
      View Details
    • $347,000

      Marshville Homestead Land For Sale

      13.83 acres in Marshville, NC, ideal for custom dream home.
      Lucy Short Cut Road, Marshville, NC 28103
      View Details
    • $299,900

      Marshville Land with Farming Potential

      7.51 acres zoned for residential and agricultural use.
      3420 Lanesboro Road, Marshville, NC 28103
      View Details
    • $259,000

      Marshville Homestead Opportunity

      10.18 acre homestead in Marshville, Union County.
      Lucy Short Cut Road, Marshville, NC 28013
      View Details
    • $280,000

      Marshville Countryside Land Opportunity

      11+ acre lot in Marshville, perfect for custom home.
      Lucy Short Cut Road, Marshville, NC 28013
      View Details

    FAQs

    What type of property is this?
    Farm - Farmhouse on 22 acres of pastureland with barn and pond.
    Where is this farm located?
    The property is located at 1212 Marshville Olive Branch Road Marshville, NC.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: Nearly 22 acres of improved pastureland suitable for cattle grazing.; Large, well‑maintained multi‑stall barn with hall.; Farmhouse located just outside city limits.
    (704) 847-2144
    We can help!
    Listing Contact
    ROGER AUSTIN
    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
    1212 Marshville Olive Branch Road, Marshville, NC 28103
    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!