Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Dearmin Road Westfield, NC 27053

    View on Map
    Claim this Listing
    Pending
    $95,000

    LAND - Westfield, NC

    Lot size:
    12.13 Acres
    Added:
    Feb 24, 2026
    Days on Market:
    68
    Last Refresh:
    May 3 at 5:06 am

    Property Features for Dearmin Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RA
    Standard status
    Pending
    Lot size
    12.13 Acres

    Taxes and HOA fees

    Tax Description
    12.134 acres as illustrated in 2025 survey referenced herein by Owen Osborne

    We can help!

    Listing Contact
    John Shipley
    John Shipley

    Listing agent John Shipley License #265293

    Listing office Shipley Co LLC Winston-Salem, NC

    Listing date Feb 24, 2026

    MLS# 1198608 Listing URL

    Copyright © 2026 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Stokes County 12-Acre Lot

    This 12.134-acre lot is located in Stokes County, NC. The property features a mix of wooded areas and an open field. It is suitable for building a future home site, set back over 900 feet from the public road to ensure privacy. Access is provided by a new shared gravel driveway, governed by a Road Maintenance Agreement. The property has a single deed restriction prohibiting further subdivision. Mobile and modular homes are permitted. The lot has been evaluated for a septic system that can accommodate 4 or more bedrooms, and a recent survey is available. Additional adjoining lots are available for sale. Seller financing options are available with a 5% premium, a 10% down payment, 10% interest, and a 5-year term, with no prepayment penalty. The property is located on Dearmin Road in Westfield, NC 27053.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Westfield
    County
    Surry
    State
    North Carolina
    Longitude
    -80.419369
    Latitude
    36.473445

    Nearby Similar for Sale

    • $570,000

      Westfield, NC Land Opportunity

      Generational property with homesites, woodland, and investment potential.
      1284-1516 Tom Mix Road, Westfield, NC 27053
      View Details
    • $79,900

      Westfield NC Land Opportunity

      4.56 acres in NC foothills with mountain views.
      Dearmin Road, Westfield, NC 27053
      View Details
    • $95,000

      Secluded Land in Westfield, NC

      9.9-acre tract with mature timber and a tranquil stream.
      Tom Mix Road, Westfield, NC 27053
      View Details
    • $159,000

      Westfield, NC Land for Sale

      12.9 acre lot ideal for homesite, farm, or recreation.
      1019-11 George Road, Westfield, NC 27053
      View Details
    • $145,000

      Westfield, NC Land Parcel

      10.9 acre lot ideal for homesite or recreation.
      1019-12 George Road, Westfield, NC 27053
      View Details
    • $430,000

      Westfield NC Land with Farmhouse

      57+/- acres with potential, barns, and creek boundary.
      1135 Daisy Creek Farm Road, Westfield, NC 27053
      View Details
    • $373,740

      Unrestricted Acreage in Stokes County

      62.29 acres with mature timber and stream frontage.
      3311 NC Highway 66 S, Westfield, NC 27053
      View Details
    • $354,900

      77 Acres in Westfield, NC

      77+/- acres of land in rural Westfield, Stokes County.
      1928 Frye Road, Westfield, NC 27053
      View Details
    • $154,900

      Westfield, NC Land For Sale

      15.01-acre lot with open land and mature pine forest.
      1089 Smith Road S, Westfield, NC 27053
      View Details
    • $135,000

      Westfield, NC Land Parcel

      10.4 acres in Stokes County, ideal for homesite.
      1019-3 George Road, Westfield, NC 27053
      View Details
    • $89,900

      8.7 Acres in Stokes County

      Land with stream frontage, suitable for homestead or mini-farm.
      NC Highway 66 S, Westfield, NC 27053
      View Details
    • $30,000

      Westfield, NC Wooded Land

      2.97 acres of wooded land in Westfield, North Carolina.
      Jackson Road, Westfield, NC 27053
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 12-acre lot in Stokes County, perfect for a future home.
    Where is this residential land & home lot located?
    The property is located at Dearmin Road Westfield, 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: Spacious 12‑acre lot offering privacy, set 900+ feet from the road.; Mobile and modular homes are permitted.; Lot evaluated for a 4+ bedroom septic system.
    (336) 497-0749
    We can help!
    Listing Contact
    John Shipley
    John Shipley
    Real Estate License ID: 265293
    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

    Dearmin Road, Westfield, NC 27053

    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!