Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Unrestricted Land in Woodleaf, NC Title is generated by Realmo AI

    3 Erwin Temple Church Road, Woodleaf, NC 27054

    View on Map
    Claim this Listing
    New
    For Sale
    $69,000

    LAND - Woodleaf, NC

    Lot size:
    4.10 Acres
    Added:
    May 5, 2026
    Days on Market:
    4
    Last Refresh:
    May 8 at 6:06 pm

    Property Features for 3 Erwin Temple Church Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    802080
    Lot size
    4.10 Acres

    Taxes and HOA fees

    Tax Description
    PT L 31 19.29

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    Ralph Harvey

    Listing agent Ralph Harvey License #3093113

    Listing office Listwithfreedom.com Inc 5724 SW 77th Ave Rd, BOYNTON BEACH, NC

    Listing date May 5, 2026

    MLS# 4378308 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

    • 4.1 acres of unrestricted land, allowing for various home types.
    • Positive perc test completed for a 3‑4 bedroom home; survey on file.
    • Convenient location: short drive to Mocksville and Salisbury/I‑85.
    • Only a 2‑minute drive to Cooleemee River Park (scenic trails, swimming, & fishing).
    • Partially cleared lot, ready for building.
    • Located in Rowan County, offering peaceful, rural living.

    Overview

    This 4.1-acre lot of unrestricted land is available for sale in Woodleaf, Rowan County, North Carolina. The partially cleared land is suitable for building a home. Double-wide manufactured homes, modular homes, and traditional stick-built houses are permitted. A completed perc test confirms suitability for a 3-4 bedroom home. A well will be required. The property is located a 15-minute drive to Mocksville and a 20-minute drive to Salisbury and I-85. Cooleemee River Park, known for its scenic trails, swimming, and fishing, is a 2-minute drive away.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Coworking & Hybrid Office Restaurant Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodleaf
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.566565
    Latitude
    35.80284

    Nearby Similar for Sale

    • $450,000

      Cleared Land Development Opportunity

      20+ acres of cleared land, ready for development.
      Powell Road, Woodleaf, NC 27054
      View Details
    • $79,000

      Unrestricted Land in Woodleaf, NC

      5.1 acres of unrestricted land, ideal for building your dream home.
      2 Erwin Temple Church Road, Woodleaf, NC 27054
      View Details
    • $49,900

      Woodleaf, NC Land Opportunity

      Six lots totaling 3.49 acres in Woodleaf, North Carolina.
      1120 Bearwick Court, Woodleaf, NC 27054
      View Details
    • $45,000

      Wooded Lot in Woodleaf, NC

      Nearly 1-acre wooded lot in a peaceful, rural setting.
      Geter Road, Woodleaf, NC 27054
      View Details
    • $35,000

      Undeveloped Land, No City Taxes

      Undeveloped land parcel ready for immediate access and viewing.
      1023 Mount Vernon Road, Woodleaf, NC 27054
      View Details
    • $155,358

      Rowan County Farmland Opportunity

      Scenic farmland in Rowan County, ideal for custom home.
      675-J1 Chaffin Road, Woodleaf, NC 27054
      View Details
    • $169,900

      Wooded Land Bordering Fourth Creek

      20.26-acre wooded parcel with waterfront and building potential.
      0 NC Highway 801, Woodleaf, NC 27054
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 4.1 acres of unrestricted land, ideal for building your dream home.
    Where is this residential land & home lot located?
    The property is located at 3 Erwin Temple Church Road Woodleaf, NC.
    What is the asking price?
    The asking price for this property is $69,000.
    What are key features of this property?
    This property features: 4.1 acres of unrestricted land, allowing for various home types.; Positive perc test completed for a 3‑4 bedroom home; survey on file.; Convenient location: short drive to Mocksville and Salisbury/I‑85.
    (855) 456-4945
    We can help!
    Listing Contact
    Ralph Harvey
    Real Estate License ID: 3093113
    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
    3 Erwin Temple Church Road, Woodleaf, NC 27054
    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!