Property profile

556 Timber Rock Dr 556 Lenoir, NC 28645

FOR SALE
Residential land & home lots
Property ID
US53-Q018344
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Property summary

AI-generated overview

LISTEN TO THE SOOTHING SOUNDS OF WATER RUSHING OVER THE ROCKS BELOW YOUR HOMESITE! Located within the gated community of Timber Rock, this beautiful 2.53 Acre homesite is a hidden gem at a fraction of the cost of Blowing Rock, yet is only 10 minutes away and 15 mins to the Blue Ridge Parkway! With elevations ranging from 1875 to 2040, this lot offers a nice level to gently sloping building site with mountain views and the melodious sights and sounds of the stream below - making it the perfect setting for your mountain home or weekend getaway. Amenities include a gorgeous outdoor pavilion with rock fireplace, kitchen, outdoor grill and picnic area along the Yadkin River. Enjoy the beauty of the NC Mountains while you experience true mountain living.

Property profile

Verified
Property type Residential land & home lots
UPID US53-Q018344

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

556 Timber Rock Dr, Unit 556 Lenoir, NC 28645
Lenoir metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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