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    Private Tract with RV Hookups Title is generated by Realmo AI

    1696 Old CC Road, Rutherfordton, NC 28139

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    Claim this Listing
    New
    For Sale
    $240,000

    LAND - Rutherfordton, NC

    Lot size:
    17.59 Acres
    Added:
    Jun 1, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 2 at 4:06 pm

    Property Features for 1696 Old CC Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Storage
    Standard status
    Active
    APN
    1622508
    Lot size
    17.59 Acres

    Taxes and HOA fees

    Tax Description
    FOX HAVEN PLANTATION

    Utilities

    Water source
    Well

    Building Details

    Additional Structures
    Storage, Outbuilding

    We can help!

    Listing Contact
    Loyce Snider
    Loyce Snider

    Listing agent Loyce Snider License #162506

    Listing office RE/MAX Journey 121 Laurel Dr, Rutherfordton, NC

    Listing date Jun 1, 2026

    MLS# 4388429 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

    • 17.59‑acre tract with approx. 5 acres in grass
    • Gravel driveway provides access to the property
    • Well water source on‑site
    • Utilities include underground electrical service (400 amps)
    • Includes 2 RV hookups and a 3‑bedroom septic tank
    • Storage building on‑site; no restrictions in place

    Overview

    This offering is a private rural tract designed for flexible use, with approximately 5 acres in grass and the remainder suited to a more natural setting. The property includes a gravel driveway, a well, and underground electrical service rated at 400 amps. It also features two RV hookups, a storage building, and a septic system sized for a three-bedroom home. A septic tank is already in place, which can help streamline planning for an on-site residence. The tract is presented as ready for your dream home or farm, with no restrictions currently in place.

    The land is located about two miles off County Line Road, offering a quieter setting for buyers who prefer minimal road noise. While exact frontage and road access details beyond the stated distance are not provided, the property is positioned to feel removed and private, with wildlife described on-site.

    For buyers seeking room to build, this property supports residential development and farm-oriented use thanks to the existing utilities and septic infrastructure. The presence of RV hookups and underground power also makes it a practical choice for those who want to use the property immediately while planning longer-term improvements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Rutherfordton
    County
    Rutherford
    State
    North Carolina
    Longitude
    -82.07487239
    Latitude
    35.34498205

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    FAQs

    What type of property is this?
    Residential land & home lot - Secluded rural land with a gravel drive, well, and RV hookups—ready for a home or farm plan.
    Where is this residential land & home lot located?
    The property is located at 1696 Old CC Road Rutherfordton, NC.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: 17.59‑acre tract with approx. 5 acres in grass; Gravel driveway provides access to the property; Well water source on‑site
    (828) 223-8946
    We can help!
    Listing Contact
    Loyce Snider
    Loyce Snider
    Real Estate License ID: 162506
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    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.

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