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    Fenced Pasture Equestrian Land Title is generated by Realmo AI

    9818 S NC 9 Lane, Columbus, NC 28722

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    Claim this Listing
    New
    For Sale
    $1,150,000

    LAND - Columbus, NC

    Lot size:
    88.00 Acres
    Added:
    Jun 5, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 6 at 2:06 pm

    Property Features for 9818 S NC 9 Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    Multiple
    Lot size
    88.00 Acres

    Taxes and HOA fees

    Tax Description
    Comb P119-8,P109-20

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well, Well Needed

    We can help!

    Listing Contact
    Leigh Brown

    Listing agent Leigh Brown

    Listing office One Community Real Estate 24 Cabarrus Ave. East, Concord, NC

    Listing date Jun 5, 2026

    MLS# 4390127 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

    • Approximately 88+/- acre contiguous tract with long‑range Blue Ridge Mountain views (subject to final survey).
    • Established fenced pasture for horses plus mature wooded acreage with pristine mountain creeks.
    • Property connects to the local horse trail system and is a few miles from Tryon International Equestrian Center (TIEC).
    • Older home near the road entrance sold strictly as‑is for renovation or teardown.
    • Fencing included on the property.
    • Water source is a well and sewer is septic (septic needed; well needed).

    Overview

    Approximately 88+/- acres in the Blue Ridge Mountains with a mix of established, fenced pasture and wooded acreage. The tract includes mature canopy and pristine mountain creeks, along with gently rolling topography that creates elevated areas for potential building sites. An older home is situated near the road entrance and is being sold strictly as-is for renovation or teardown, offering a location-dependent starting point for a new estate plan.

    The property is located at 9818 S NC 9 Lane in Columbus, North Carolina (Polk County). The tract is described as connecting directly into the local horse trail system, and it is also noted as being a few miles from the Tryon International Equestrian Center (TIEC), placing equestrian activities within relatively close reach.

    This land configuration is well suited to equestrian-focused buyers, including those planning a private family compound or an equestrian subdivision concept. With fenced pasture, wooded acreage, and multiple higher build areas for long-range views, the site provides a clear “blank canvas” for a gated entry layout and future site planning, while the existing as-is home can be evaluated as part of the overall development approach.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Columbus
    County
    Polk
    State
    North Carolina
    Longitude
    -82.0881
    Latitude
    35.2396

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    FAQs

    What type of property is this?
    Horse & equestrian property - About 88 acres with fenced pasture, wooded acreage, and mountain creek access for equestrian and private estate plans.
    Where is this horse & equestrian property located?
    The property is located at 9818 S NC 9 Lane Columbus, NC.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: Approximately 88+/- acre contiguous tract with long‑range Blue Ridge Mountain views (subject to final survey).; Established fenced pasture for horses plus mature wooded acreage with pristine mountain creeks.; Property connects to the local horse trail system and is a few miles from Tryon International Equestrian Center (TIEC).
    (704) 507-5500
    We can help!
    Listing Contact
    Leigh Brown
    Learn More
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    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.

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