Bed & Breakfast with
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8698 Rocky River Road, Harrisburg, NC 28075
Low Density Residential zoning supports stated hospitality, event, group, and overnight-use possibilities.
Property Size1,985 SF
Lot Size7.42 Acres
Days on Market78
Property Features for 8698 Rocky River Road
General Information
Standard status
Active
Size
1,985 SF
Lot size
7.42 Acres
Property subtype
Bed/Breakfast
Zoning
LDC
Amenities
Open Lot, Pasture, Private, Rolling Slope, Wooded, Views, Other - See Remarks
Fenced, In Ground
Architectural Shingle
Partial
Septic Installed, Other - See Remarks
Additional parcels description:, Parcel Number: 5516-26-3774, 5516-26-1951, 5516-26-1664, Assessed Value: $514,980, Zoning: LDR
Tile, Laminate, Wood
Ceiling Fan(s)
Central
Listing ID: CAR4409784, Standard Status: Active, MLS Status: Active, Property Subtype: Bed/Breakfast
Other Parking: Large parking can be accommodated on open fenced in grass area.
Built in 1985, Construction Materials: Aluminum
County/Parish: Cabarrus
Other structures: Outbuilding, Workshop, Other - See Remarks, Long Range, Year Round
Cable Connected, Electricity Connected, Phone Connected, Underground Utilities, Water Source: Well
Crawl Space
Frontage Type: County Road, Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Patio/Porch Features: Awning(s), Balcony, Covered, Front Porch, Rear Porch, Wrap Around
Carbon Monoxide Detector(s), Smoke Detector(s)
Disposal, Electric Water Heater
Building Details
Building Size
1,985 SF
Year Built
1985
Listing Agency:
Granite Real Estate Investments, LLC
Listed By:
Bob Smith
(704) 578-8250
Source:
Blackstreaminternational
Added: Jul 31
Changed: Oct 16
Last Checked: Oct 16 at 8:35AM
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 Granite Real Estate Investments, LLC
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Investment Insights
Based on property information with market context.
This bed-and-breakfast property includes a home built in 1985 on 7.42 acres, with existing furniture remaining in place. The property is positioned for several stated uses, including wedding venues, day rentals, group-home operations, children’s camps, and overnight stays with short-term leases.
The site is located at 8698 Rocky River Road in Harrisburg, North Carolina. The home and adjoining parcel to the left are within Cabarrus County, while the parcel to the right is in Harrisburg. Low Density Residential zoning applies to the property, with permitted-use information referenced in the Cabarrus County development ordinance.
The site is located at 8698 Rocky River Road in Harrisburg, North Carolina. The home and adjoining parcel to the left are within Cabarrus County, while the parcel to the right is in Harrisburg. Low Density Residential zoning applies to the property, with permitted-use information referenced in the Cabarrus County development ordinance.
Key Highlights
- 7.42‑acre property with a home built in 1985
- Existing furniture remains with the property
- Low Density Residential zoning designation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,607
Suggested Prices Based on Cap Rates
Cap Rate 5%
$212,140
$212.1K
Cap Rate 7%
$151,529
$151.5K
Cap Rate 9%
$117,856
$117.9K
Market Conditions
NOI Build-Up for 1,985 SF
Gross rent
$29.8K $15.00/SF
− Vacancy
−$7.4K −$3.75/SF
EGI
$22.3K $11.25/SF
− OpEx
−$11.7K −$5.91/SF
NOI
$10.6K $5.34/SF
Area
Cabarrus County, NC
Vacancy
25.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$212,140
Cap Rate 7%
$151,529
Cap Rate 9%
$117,856
Alternative Uses
Best Use
Hotel Hospitality
$151.5K
$132.6K – $176.8K
NOI $10,607 @ 7.0% cap · market cap 81.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$624.8K
$546.7K – $728.9K
NOI $43,734 @ 7.0% cap · market cap 336.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28075, NC
21,366
Population
6,840
Households
3.1
Avg Household Size
39
Median Age
55%
College-Educated
95%
High-School Grad
21.1 sq mi
ZIP Area
1,013
Density / Sq Mi
$140,739
Median Household Income
$61,529
Median Earnings
$2,257
Median Rent
$444,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby
- The Taylor Estates — 2698 Red Maple Ln, Harrisburg, NC 28075
Frequently Asked Questions
What type of property is this?
Bed & breakfast - Low Density Residential zoning supports stated hospitality, event, group, and overnight-use possibilities.
Where is this bed & breakfast located?
The property is located at 8698 Rocky River Road Harrisburg, NC.
What are key features of this property?
This property features: 7.42‑acre property with a home built in 1985; Existing furniture remains with the property; Low Density Residential zoning designation
