Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Huntersville Commercial Land For Sale Title is generated by Realmo AI

    15105 Old Statesville Road, Huntersville, NC 28078

    View on Map
    Claim this Listing
    For Sale
    $400,000

    LAND - Huntersville, NC

    Lot size:
    0.70 Acres
    Added:
    Sep 23, 2021
    Days on Market:
    1702
    Last Refresh:
    May 21 at 11:06 pm

    Property Features for 15105 Old Statesville Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    HC
    Standard status
    Active
    APN
    017-331-25
    Lot size
    0.70 Acres

    Taxes and HOA fees

    Tax Description
    L110-112 M5-54

    Utilities

    Sewer type
    Public Sewer

    We can help!

    Listing Contact
    Terry Dewese
    Terry Dewese

    Listing agent Terry Dewese License #115384

    Listing office Huntersville Real Estate 15111 Old Statesville Road, Huntersville, NC

    Listing date Sep 23, 2021

    MLS# 3789130 Listing URL

    Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Below tax value
    • Owner financing available (with 10% down, 5‑10 year mortgage)
    • Highway Commercial zoning offers excellent potential
    • Approx. 0.6 acre corner lot
    • Adjacent to new 7/11
    • Public sewer

    Overview

    This approximately 0.7-acre corner lot is located at Old Statesville and Southland Roads in Huntersville, North Carolina. The property is zoned Highway Commercial by the Town of Huntersville. Adjacent to a new 7/11, the lot benefits from a driveway easement and an undisturbed buffer of approximately 65 feet at the rear, providing access to the driveway. The property is suitable for various commercial uses. Owner financing is available with at least 10% down, mortgage for 5 - 10 years, with a possible balloon at the end of the term.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntersville
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.842516
    Latitude
    35.419919

    Nearby Similar for Sale

    • $398,500

      Huntersville Land Investment Opportunity

      Prime commercial land near amenities and major roads in Huntersville.
      15208 Old Statesville Road, Huntersville, NC 28078
      View Details
    • $459,999

      Huntersville Bungalow with Rental Potential

      Reimagined bungalow on a lush lot with income potential.
      213 Hillcrest Drive, Huntersville, NC 28078
      View Details
    • $630,000

      Huntersville Vacant Land Opportunity

      3.52 acres in Huntersville, ideal for custom home.
      11535 Johnson Davis Road, Huntersville, NC 28078
      View Details
    • $299,900

      Huntersville Land Opportunity

      2.4-acre wooded homesite near Birkdale Village and I-77.
      7714 Babe Stillwell Farm Road, Huntersville, NC 28078
      View Details
    • $995,000

      Huntersville Land with Vineyard/Fruit Trees

      Spacious Huntersville home on 4.8 acres with vineyard/fruit trees.
      9825 Hagers Road, Huntersville, NC 28078
      View Details
    • $800,000

      Huntersville Acreage for Custom Home

      3.06-acre lot in Huntersville, no HOA, convenient location.
      15605 Huntingtowne Village Road, Huntersville, NC 28078
      View Details
    • $750,000
      1,650 SF

      Prime Commercial Land Opportunity

      Commercial land in rapidly growing area near major roads.
      9007 Beatties Ford Road, Huntersville, NC 28078
      View Details
    • $306,300

      Commercial Land Near Retail Hub

      Land in growing area near retail, ideal for commercial development.
      7932 Hedrick Circle, Huntersville, NC 28078
      View Details
    • $95,000

      Huntersville Land with Building Permit

      Residential lot with permit in the heart of Huntersville.
      515 Holbrook Street, Huntersville, NC 28078
      View Details
    • $310,000

      Huntersville Land: Private Oasis

      4-acre wooded lot in Huntersville, close to city amenities.
      10340 Kerns Road, Huntersville, NC 28078
      View Details
    • $475,000

      Huntersville Land for Mobile Homes

      Four adjoining lots suitable for mobile homes, church, or store.
      11707 Cimmaron Road, Huntersville, NC 28078
      View Details
    • $150,000

      Huntersville Land: Build Your Dream

      0.89 acre lot near Lake Norman and Birkdale Village.
      11006 Cedar Lane, Huntersville, NC 28078
      View Details

    FAQs

    What type of property is this?
    Commercial land - Corner lot in Huntersville, NC, suitable for commercial development.
    Where is this commercial land located?
    The property is located at 15105 Old Statesville Road Huntersville, NC.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Below tax value; Owner financing available (with 10% down, 5‑10 year mortgage); Highway Commercial zoning offers excellent potential
    (704) 574-0139
    We can help!
    Listing Contact
    Terry Dewese
    Terry Dewese
    Real Estate License ID: 115384
    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
    15105 Old Statesville Road, Huntersville, NC 28078
    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!