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    5303 Ashbey Ln Summerfield, NC 27358

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    For Sale
    $99,900

    2.88-acre homesite in Summerfield, NC, with mature trees and no HOA.

    Source: Corcoran

    Listing Agent: Cathy L Duke

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Summerfield Homesite with Mature Trees

    This 2.88-acre homesite is located in Summerfield. The property offers a blend of privacy, space, and convenience. Mature trees and a peaceful setting characterize the land, which is suited for building a custom dream home or investing in a prime piece of land. The location provides country living with access to modern amenities. There is no HOA. The property is conveniently located near highways.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Department Store Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Summerfield
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.9052216
    Latitude
    36.1664437

    FAQs

    What type of property is this?
    Land - 2.88-acre homesite in Summerfield, NC, with mature trees and no HOA.
    Where is this land located?
    The property is located at 5303 Ashbey Ln Summerfield, NC.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: - Expansive 2.88-acre homesite offers privacy and space.; - Located in a sought-after Summerfield community.; - No HOA restrictions, allowing for flexible building options.
    Request Owner's contact information
    5303 Ashbey Ln Summerfield, NC 27358
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    Realmo Value Estimation

    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.

    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.

    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
    5303 Ashbey Ln Summerfield, NC 27358
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