94+ Acres with Heated
3567 Tot Hill Farm Road Asheboro, NC 27205
3567 Tot Hill Farm Road, Asheboro, NC, 27205
$1,300,000
For Sale
$1,300,000
Rural acreage featuring a 9,000 sq ft heated accessory building.
Property Size9,000 SF
Lot Size94.74 Acres
Price / SF$144.44
Days on Market175
Property Features for 3567 Tot Hill Farm Road
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Lot size
- 94.74 Acres
- Property subtype
- Land or Vacant Lot
Listing Agency
TKB REALTY GROUP LLC
(336) 396-7690
Listed by
KARA FARRAR
Source
Corcoran
Added: Jan 27 Updated: Jul 10 at 12:58 pm Checked: Jul 20 at 4:10 am
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 TKB REALTY GROUP LLC
Investment Insights
Based on property information with market context.
This property features over 94 acres of rural land, offering potential for a dream home, hunting, and farming. A 9,000 sq ft heated accessory building includes a 14ft roll-up door and one bathroom. The property has an automatic security gate at the entrance. Two parcels are included, providing an easement, driveway, and a large tract of land. The building uses a current well with a water softener and septic system. An additional driveway is proposed for private entrance to the homesite before reaching the accessory building. The building could be used for luxury cars, boats, RVs, a home gym, or even a pickleball court. Site-built, modular, or manufactured homes are allowed. The property also includes an old tobacco barn and a historical gravesite from the 1800s. An easement and road maintenance agreement are already in place. The property is secured by a security gate with cameras on site.
Key Highlights
- 94+ Acres of Rural Land: Ample space for hunting, farming, and building.
- 9000 Sq Ft Heated Accessory Building: Featuring a 14ft roll‑up door and bathroom.
- Perc Test on File for Home: Simplifies residential construction.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.5k | $6.06 |
| − Vacancy | −$3.3k | −$0.37 |
| EGI | $51.2k | $5.69 |
| − OpEx | −$7.7k | −$0.85 |
| NOI | $43.5k | $4.84 |
9,000 SF · lease $6.06/SF/yr · vacancy 6.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$621.9K
$544.1K – $725.5K
NOI $43,531 @ 7.0% cap · market cap 3.35%
Second Best
Industrial
$512.1K
$448.1K – $597.5K
NOI $35,849 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$3.10M
$2.71M – $3.61M
NOI $216,715 @ 7.0% cap · market cap 16.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Recreation land
Similar For Sale Nearby
FAQs
What type of property is this?
Agricultural land / Farmland - Rural acreage featuring a 9,000 sq ft heated accessory building.
Where is this agricultural land / farmland located?
The property is located at 3567 Tot Hill Farm Road Asheboro, NC.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 94+ Acres of Rural Land: Ample space for hunting, farming, and building.; 9000 Sq Ft Heated Accessory Building: Featuring a 14ft roll‑up door and bathroom.; Perc Test on File for Home: Simplifies residential construction.
