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    5504 Army Rd Marshville, NC 28103

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    For Sale
    $95,000

    Wooded lot perfect for building a dream home.

    Property Features for 5504 Army Rd

    General Information

    Standard status
    Active

    Source: AUSTIN-BARNETT REALTY LLC Agent REBECCA DONALDSON

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

    Overview

    Wooded Lot in New Salem

    Located at 5504 Army Road in New Salem Estates, this wooded lot offers mature trees, abundant wildlife, and privacy. Situated in New Salem, it is approximately 15 minutes from both Monroe and Locust, offering a balance of seclusion and convenience. The lot is available with a build contingency through Donaldson Homes LLC, allowing for a custom dream home to be built.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Auto Repair Shop Department Store HVAC Service Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Marshville
    County
    Union
    State
    North Carolina
    Longitude
    -80.3680601
    Latitude
    35.1348412

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Wooded lot perfect for building a dream home.
    Where is this land located?
    The property is located at 5504 Army Rd Marshville, NC.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: - Stunning wooded lot with mature trees, abundant wildlife, and serene privacy.; - Ideal for building a custom dream home surrounded by nature.; - Located in New Salem Estates, offering peaceful living.
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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
    5504 Army Rd Marshville, NC 28103
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