Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land in Gated Equestrian Community Title is generated by Realmo AI

    Holleridge Road lot 106, Ferguson, NC 28624

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Ferguson, NC

    Lot size:
    1.13 Acres
    Added:
    Mar 25, 2026
    Days on Market:
    52
    Last Refresh:
    May 15 at 8:06 pm

    Property Features for Holleridge Road lot 106

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R1
    Standard status
    Active
    Lot size
    1.13 Acres

    Taxes and HOA fees

    Tax Description
    1.13 +- acres

    We can help!

    Listing Contact
    Candace Anderson

    Listing agent Candace Anderson License #303321

    Listing office Ward & Ward Properties, LLC Wilkesboro, NC

    Listing date Mar 25, 2026

    MLS# 1204233 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.

    HighLights

    • Access to miles of horseback riding and hiking trails within a gated equestrian community.
    • Two adjacent lots totaling 2.94 acres (1.81 acres and 1.13 acres).
    • Located in the sought‑after Leatherwood Mountains community in Ferguson, NC.
    • Enjoy long‑range mountain views and a peaceful, nature‑filled setting.
    • Opportunity to purchase lots together or separately.
    • Ideal for a mountain getaway or investment property.

    Overview

    Two adjacent lots are available in the gated equestrian community of Leatherwood Mountains, located in Ferguson, NC. Lot 106 is 1.13 acres. Lot 105 is 1.81 acres. The lots may be purchased together or separately, and the seller is open to negotiation for a combined purchase. The location offers access to horseback riding and hiking trails, flowing creeks, and mountain views. This community provides privacy, natural beauty, and outdoor recreation. This land is suited for a mountain getaway or investment property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Ferguson
    County
    Wilkes
    State
    North Carolina
    Longitude
    -81.486718
    Latitude
    36.13111

    Nearby Similar for Sale

    • $19,890

      Land in Horse Country

      Picturesque 2.1-acre property suitable for equestrian setup or getaway.
      Triplett Road, Ferguson, NC 28624
      View Details
    • $165,000

      Ferguson Land with Mountain Views

      10.28-acre lot with mountain views in gated community.
      Big Sky Road, Ferguson, NC 28624
      View Details
    • $858,018

      138 Acres of Mountain Beauty

      Untouched land in North Carolina, ideal for recreation and development.
      Elk Creek Darby Road, Ferguson, NC 28624
      View Details
    • $759,000

      62 Acres in Ferguson, NC

      62-acre tract suitable for residential or commercial purposes.
      US Highway 421, Ferguson, NC 28624
      View Details
    • $17,900

      Land in Leatherwood Mountains

      Two adjacent lots in gated equestrian community in Ferguson, NC.
      Holleridge Road lot: 105, Ferguson, NC 28624
      View Details
    • $135,000

      2-Acre Homesite in Blue Ridge

      Homesite with mountain views and community amenities in Ferguson, NC.
      26 Lavender Lane, Ferguson, NC 28624
      View Details
    • $17,900

      Land in Equestrian Community

      Two adjacent lots in Leatherwood Mountains equestrian community.
      Lot 105 Holleridge Road, Ferguson, NC 28624
      View Details
    • $115,000

      Secluded Wooded Tract For Sale

      8+/- acre wooded tract perfect for recreation or homesteading.
      00 Shell Creek Road, Ferguson, NC 28624
      View Details
    • $115,000

      8 Acres Wooded Tract

      8 +/- acre wooded tract for dream home or retreat.
      00 Shell Creek Road, Ferguson, NC 28624
      View Details
    • $115,000

      8 Acres Wooded Tract

      8-acre wooded tract ideal for building or recreation.
      00 Shell Creek Road, Ferguson, NC 28624
      View Details
    • $858,018

      138 Acres in Ferguson, NC

      Land with development potential and abundant wildlife near Leatherwood.
      0 Elk Creek Darby Road, Ferguson, NC 28624
      View Details
    • $89,000

      Land Parcel in Ferguson, NC

      4.69 acres of land with utilities in Ferguson, NC.
      2034 Champion Mt Pleasant Road, Ferguson, NC 28624
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two adjacent lots in Leatherwood Mountains equestrian community.
    Where is this residential land & home lot located?
    The property is located at Holleridge Road lot 106 Ferguson, NC.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Access to miles of horseback riding and hiking trails within a gated equestrian community.; Two adjacent lots totaling 2.94 acres (1.81 acres and 1.13 acres).; Located in the sought‑after Leatherwood Mountains community in Ferguson, NC.
    (336) 902-0392
    We can help!
    Listing Contact
    Candace Anderson
    Real Estate License ID: 303321
    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
    Holleridge Road lot: 106, Ferguson, NC 28624
    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!