Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6.37 Acres Mini Farm Potential Title is generated by Realmo AI

    5958 Hoover Elmore Road, Lincolnton, NC 28092

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $410,000

    6.37 acre property with barn, shed, and brick home.

    Lot size:
    6.37 Acres
    Added:
    Mar 14, 2026
    Days on Market:
    68
    Last Refresh:
    Mar 16 at 11:16 am

    Property Features for 5958 Hoover Elmore Road

    General Information

    Standard status
    Active
    Lot size
    6.37 Acres

    We can help!

    Listing Contact
    JUDY BRANDT
    JUDY BRANDT

    Listing agent JUDY BRANDT License #300677

    Listing office RE/MAX CROSSROADS

    Listing date Mar 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 RE/MAX CROSSROADS

    HighLights

    • 6.37+\/- acres of land suitable for animals, gardening, and rural living.
    • Barn with existing electricity, previously used as a horse barn, with materials on‑site for stall re‑establishment.
    • Three‑bedroom, one‑bath brick home with new roof (2024) and replaced bathroom floor (late 2025).
    • Water access via stream, natural spring, and well near the barn.
    • Shed suitable for vehicle, hay, feed, or equipment storage.
    • Second septic tank on property, offering potential for RV parking or extended family use.

    Overview

    This 6.37+/- acre property presents an opportunity for rural living or a mini-farm. The land offers space for animals, gardening, and country life. A barn, previously used as a horse barn with multiple stalls, has materials on site for re-establishment. The back portion of the property was once fenced for horses, and electricity is connected to the barn. A stream, natural spring, and well water near the barn provide water access for animals. A shed is used for vehicle storage, and could serve as hay or feed storage, or space for tractors and farm equipment. There is room to plant a garden. A three-bedroom, one-bath brick home, built in 1958 and maintained by the same family, is also located on the property. The home features a living room and dining area. A new roof was installed in 2024, and the bathroom floor was replaced in late 2025. There is space for a small second bathroom or half bath. A second septic tank, previously serving a manufactured home, offers possibilities for RV parking or extended family use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Lincolnton
    County
    Lincoln
    State
    North Carolina
    Longitude
    -81.391648
    Latitude
    35.504334

    Nearby Similar for Sale

    • $500,000
      3,100 SF

      Versatile Commercial Space in Lincolnton

      Prime commercial property in a thriving Lincolnton business corridor.
      2303 E Main Street, Lincolnton, NC 28092
      View Details
    • $300,000

      Versatile Commercial Property in Lincolnton

      Well-maintained commercial building with flexible floor plan and recent updates.
      511 Lee Avenue, Lincolnton, NC 28092
      View Details
    • $498,000
      6,000 SF

      Versatile Commercial Property in Lincolnton

      Unique mixed-use property with outdoor space in downtown Lincolnton.
      313 Government Street, Lincolnton, NC 28092
      View Details
    • $199,000
      1,520 SF

      Professional Office Space in Lincolnton

      Well-located 1,520 SF office space suitable for medical use.
      117 Doctors Park, Lincolnton, NC 28092
      View Details
    • $437,000

      Lincolnton Duplex: Investment Opportunity

      Duplex in Lincolnton with strong rental appeal and convenient location.
      108-110 Carpenter Street, Lincolnton, NC 28092
      View Details
    • $285,000

      Lincolnton Commercial Land Opportunity

      8.4 acres of commercial land with highway visibility.
      Wilma Sigmon Road, Lincolnton, NC 28092
      View Details
    • $500,000
      3,160 SF

      Prime Commercial Property in Lincolnton

      Versatile commercial space ready for your vision in thriving Lincolnton.
      2303 E Main Street, Lincolnton, NC 28092
      View Details
    • $398,000

      Lincolnton Land with Development Potential

      Over 10 acres of rolling terrain near Lincolnton, NC.
      Union Church Road, Lincolnton, NC 28092
      View Details
    • $395,000

      Lincolnton Land with Barn

      10+ acres with barn, ideal for horses.
      Union Church Road, Lincolnton, NC 28092
      View Details
    • $55,000

      Homesite in Quiet Rural Setting

      0.377-acre lot zoned R-25 with water tap and septic.
      11 Dorset Lane, Lincolnton, NC 28092
      View Details
    • $60,000

      Wooded Lot in Established Neighborhood

      Wooded lot in established neighborhood, build your dream home.
      Weatherfield Drive lot: 13, Lincolnton, NC 28092
      View Details
    • $47,000

      Lincolnton Buildable Lots For Sale

      Two adjacent buildable lots outside Lincolnton City Limits.
      3072 Chinook Trail, Lincolnton, NC 28092
      View Details

    FAQs

    What type of property is this?
    Farm - 6.37 acre property with barn, shed, and brick home.
    Where is this farm located?
    The property is located at 5958 Hoover Elmore Road Lincolnton, NC.
    What is the asking price?
    The asking price for this property is $410,000.
    What are key features of this property?
    This property features: 6.37+\/- acres of land suitable for animals, gardening, and rural living.; **Barn with existing electricity**, previously used as a horse barn, with materials on‑site for stall re‑establishment.; **Three‑bedroom, one‑bath brick home with new roof (2024) and replaced bathroom floor (late 2025).**
    (704) 736-1717
    We can help!
    Listing Contact
    JUDY BRANDT
    JUDY BRANDT
    Real Estate License ID: 300677
    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
    5958 Hoover Elmore Road, Lincolnton, NC 28092
    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!