Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Granite Falls Homesite in Anchors Landing Title is generated by Realmo AI

    5501 Bridgewater Drive, Granite Falls, NC 28630

    View on Map
    Claim this Listing
    For Sale
    $60,000

    LAND - Granite Falls, NC

    Lot size:
    1.24 Acres
    Added:
    Dec 2, 2025
    Days on Market:
    171
    Last Refresh:
    May 22 at 2:06 am

    Property Features for 5501 Bridgewater Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    2795365519
    Lot size
    1.24 Acres

    Taxes and HOA fees

    Tax Description
    BK 2086 PG 252 YR 23 ST 37.00

    Utilities

    Sewer type
    Septic Needed

    We can help!

    Listing Contact
    G Franco-Costales

    Listing agent G Franco-Costales

    Listing office EXP Realty LLC Mooresville 106 Langtree Village Dr Suite 301, Mooresville, NC

    Listing date Dec 2, 2025

    MLS# 4326782 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

    • 1.24‑acre homesite in prestigious, gated Anchors Landing community.
    • Access to upscale amenities: clubhouse with lake views, community pool, walking trails, ponds, boat/RV storage.
    • Paved walking and golf cart path borders the rear of the property.
    • Located in a distinguished waterfront community.
    • Opportunity to build a custom residence with elevated outdoor living areas.
    • Picturesque pond within a short stroll, enhancing the peaceful setting.

    Overview

    This 1.24-acre homesite is located in the gated Anchors Landing community on Bridgewater Drive in Granite Falls, North Carolina. The property offers space for a custom residence with outdoor living areas, surrounded by natural scenery. A paved walking and golf cart path borders the rear of the property, providing access to the community and a nearby pond. Anchors Landing provides amenities such as a clubhouse with views of Lake Hickory, a community swimming pool, walking trails, ponds, and boat and RV storage. This property presents an opportunity to build a home in a waterfront community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Big Box & Wholesale Store HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Granite Falls
    County
    Caldwell
    State
    North Carolina
    Longitude
    -81.382882
    Latitude
    35.80555

    Nearby Similar for Sale

    • $79,900
      2,500 SF

      Granite Falls Commercial Opportunity

      Commercial building with warehouse space and development potential.
      185 Duke Street, Granite Falls, NC 28630
      View Details
    • $3,300,000
      64,161 SF

      Granite Falls Industrial/Commercial Opportunity

      Expansive property in downtown Granite Falls with flexible purchase options.
      1 S Main Street, Granite Falls, NC 28630
      View Details
    • $399,500

      Granite Falls Commercial Land Opportunity

      4+ acre commercial tract in Granite Falls, North Carolina.
      321 Highway, Granite Falls, NC 28630
      View Details
    • $399,900

      Granite Falls Commercial Land Opportunity

      4+ acre commercial tract in Granite Falls, North Carolina.
      321 Highway, Granite Falls, NC 28630
      View Details
    • $179,000

      Granite Falls Land Near Lake

      7.19-acre residential land near Lake Rhodhiss with community boat dock.
      Connelly Springs Road, Granite Falls, NC 28630
      View Details
    • $64,900

      Wooded Lot in Lakefront Community

      1-acre wooded lot in gated lakefront community near Hickory.
      5417 Bridgewater Drive lot: 260, Granite Falls, NC 28630
      View Details
    • $32,000

      Lake Hickory Homesite Opportunity

      1.34-acre wooded homesite in gated lakefront community.
      6020 Plantation Pointe Drive, Granite Falls, NC 28630
      View Details
    • $17,995

      Lake Access Homesite in Granite Falls

      1.27-acre homesite with lake access and community amenities.
      6074 Plantation Pointe Drive, Granite Falls, NC 28630
      View Details
    • $3,395,000

      Land and Buildings on US-321

      Land and buildings with high visibility on US-321.
      4092/4070 Hickory Boulevard, Granite Falls, NC 28630
      View Details
    • $449,000

      Granite Falls Prime Office Space

      Flexible office space in downtown Granite Falls, North Carolina.
      1 S Main Street, Granite Falls, NC 28630
      View Details
    • $35,000

      Lake Hickory Community Homesite

      Lake Hickory homesite in gated waterfront community with premium amenities.
      Greens Road, Granite Falls, NC 28630
      View Details
    • $412,153

      Granite Falls Commercial Land Available

      High-traffic commercial land with road frontage in Granite Falls, NC.
      Highway 321, Granite Falls, NC 28630
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Premier 1.24-acre homesite in a prestigious gated community.
    Where is this residential land & home lot located?
    The property is located at 5501 Bridgewater Drive Granite Falls, NC.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: 1.24‑acre homesite in prestigious, gated Anchors Landing community.; Access to upscale amenities: clubhouse with lake views, community pool, walking trails, ponds, boat/RV storage.; Paved walking and golf cart path borders the rear of the property.
    (828) 750-3916
    We can help!
    Listing Contact
    G Franco-Costales
    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
    5501 Bridgewater Drive, Granite Falls, NC 28630
    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!