Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5424 US Highway 21 Jonesville, NC 28642

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $265,000

    Nearly 4 acres of land with highway frontage.

    Type:Commercial
    Lot size:
    4.00 Acres
    Added:
    Apr 14, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 14 at 11:57 am

    Property Features for 5424 US Highway 21

    General Information

    Standard status
    Active
    Lot size
    4.00 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1945

    We can help!

    Listing Contact
    GABRIEL PRICE
    GABRIEL PRICE

    Listing agent GABRIEL PRICE

    Listing office COLDWELL BANKER ADVANTAGE

    Listing date Apr 14, 2026

    Source Corcoran

    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 COLDWELL BANKER ADVANTAGE

    Overview

    Highway Business Zoned Land

    This is a fully remodeled property zoned for Highway Business. It includes nearly 4 acres of land with approximately 155 feet of road frontage on US Highway 21. Permitted uses are detailed in the attachments.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Auto Parts Store Hotel & Motel Electrical Service Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesville
    County
    Yadkin
    State
    North Carolina
    Longitude
    -80.80933
    Latitude
    36.192114

    Nearby Similar for Sale

    • $925
      1,800 SF

      Retail Space in Jonesville, NC

      1800 sq ft retail space with 7 parking spots.
      309 Main Street, Jonesville, NC 28642
      View Details
    • $62,900

      Jonesville Land Parcel For Sale

      10+ acre wooded parcel with road frontage and creek.
      Pardue Street, Jonesville, NC 28642
      View Details
    • $289,000

      21-Acre Wooded Tract

      Development opportunity with road frontage in Jonesville, North Carolina.
      1 Valley Road, Jonesville NC 28642, Jonesville, NC 28642
      View Details
    • $768,000
      24,000 SF

      Jonesville Warehouse with Highway Access

      Versatile warehouse near I-77, ideal for various business uses.
      5308 Us Highway 21, Jonesville, NC, 28642-9109
      View Details
    • $600,000

      Restaurant/Retail Lot For Sale

      2.5+/- acre restaurant/retail lot in highly visible location.
      TBD-Parcel 2 Winston Road, Jonesville, NC 28642
      View Details
    • $768,000

      Jonesville Warehouse with Highway Access

      24,000 sq ft warehouse on 7.6 acres near I-77.
      5308- US Highway 21, Jonesville, NC 28642
      View Details
    • $22,000
      300 SF

      Fenced Lot with Storage Building

      Versatile storage or investment opportunity with electric service and easy access.
      2909 Pin Oak Road, Jonesville, NC 28642
      View Details
    • $295,000

      Highly Visible Land Near I-77

      Commercial land with high visibility near I-77 and amenities.
      TBD-Parcel 3 Winston Road, Jonesville, NC 28642
      View Details
    • $295,000

      Highly Visible Land Parcel

      Land parcel near I-77 with municipal utilities available.
      TBD-Parcel 4 Winston Road, Jonesville, NC 28642
      View Details
    • $79,350

      Land on Vestal Road

      Land available on Vestal Road in Jonesville, North Carolina.
      00-00 Vestal Road, Jonesville, NC 28642
      View Details
    • $290,760

      46 Acres Commercial Land I-77

      46 acres of commercial land with I-77 access.
      0 PVH Quality Way, Jonesville, NC
      View Details
    • $80,000

      Land Available in Jonesville, NC

      Land for sale at 1912 NC-67, Jonesville, North Carolina.
      1912 NC-67, Jonesville, NC
      View Details

    FAQs

    What type of property is this?
    Commercial land - Nearly 4 acres of land with highway frontage.
    Where is this commercial land located?
    The property is located at 5424 US Highway 21 Jonesville, NC.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: Highway Business Zoning; Nearly 4 Acres of Land; Approximately 155' of Road Frontage on US Highway 21
    (336) 996-3971
    We can help!
    Listing Contact
    GABRIEL PRICE
    GABRIEL PRICE
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!