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

    17871 S Nc Highway 109 Denton, NC 27239

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $199,900

    Commercial land with high visibility and traffic exposure.

    Lot size:
    0.43 Acres
    Added:
    Feb 10, 2023
    Days on Market:
    1146
    Last Refresh:
    Mar 22 at 10:34 pm

    Property Features for 17871 S Nc Highway 109

    General Information

    Standard status
    Active
    Lot size
    0.43 Acres

    We can help!

    Listing Contact
    Todd Smith

    Listing agent Todd Smith License #195097

    Listing office Todd Smith and Associates

    Listing date Feb 10, 2023

    Source Exprealty

    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 Todd Smith and Associates

    Overview

    Corner Lot on NC Hwy 109

    This commercial land is located at a corner intersection along NC Hwy 109 in Denton, offering excellent visibility and traffic exposure. The property is situated adjacent to a new Dollar Tree/Family Dollar combination store that is currently under construction. It is located across the street from an O'Reilly Auto Parts and First Bank. The site presents significant potential for commercial development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Denton
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.1095
    Latitude
    35.6321

    Nearby Similar for Sale

    • $429,900

      Restaurant and Warehouse/Office Complex

      Versatile commercial property with restaurant and warehouse/office buildings.
      58 Peacock Avenue, Denton, NC 27239
      View Details
    • $28,000

      Commercial Land in Denton, NC

      Versatile MUD-zoned lot in downtown Denton, NC.
      166 S Main Street, Denton, NC 27239
      View Details
    • $15,000

      Residential Land in Gated Community

      1.36-acre lot with amenities in The Springs community.
      324 Rocky Cove Lane, Denton, NC 27239
      View Details
    • $25,500

      Wooded Lot in Gated Community

      2.97-acre wooded lot with 3-bedroom septic permit on file.
      2389 Sierra Trace Road, Denton, NC 27239
      View Details
    • $59,900

      Residential Land in Denton, NC

      1.56 acre residential land for sale in Denton, NC.
      2171 Sierra Trace Road, Denton, NC 27239
      View Details
    • $53,900

      Residential Land in Denton, NC

      Vacant residential plot in a quiet, remote area.
      Lake Ridge Trail, Denton, NC 27239
      View Details
    • $1,000,000

      Commercial Land Ready For Development

      2.91-acre commercial tract with excellent visibility and development potential.
      17447 S NC Highway 109, Denton, NC 27239
      View Details
    • $65,000

      Water View Lot in Harborgate

      Large lot in gated community with lake access and amenities.
      175 Harborgate Drive unit: 201, Denton, NC 27239
      View Details
    • $16,500

      High Rock Lake Lot

      0.99-acre lot in The Springs gated community on High Rock Lake.
      350 Pinnacle Trail, Denton, NC 27239
      View Details
    • $31,900

      Residential Lot in Gated Community

      0.72 acre lot with lake access in Denton, NC.
      177 Cove Wood Drive, Denton, NC 27239
      View Details
    • $26,500

      High Rock Lake Subdivision Lot

      Residential lot in established lakeside community with amenities.
      123 Catfish Landing, Denton, NC 27239
      View Details
    • $50,000

      Mountain-Top Lot in Denton, NC

      4.26-acre lot with community amenities for building your dream home.
      1695 Sierra Trace Road, Denton, NC 27239
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with high visibility and traffic exposure.
    Where is this commercial land located?
    The property is located at 17871 S Nc Highway 109 Denton, NC.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: Excellent visibility and traffic exposure on NC Hwy 109.; Corner location at a great intersection.; Adjacent to a new Dollar Tree/Family Dollar combination store.
    (336) 250-4457
    We can help!
    Listing Contact
    Todd Smith
    Real Estate License ID: 195097
    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!