Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Farmland Opportunity in Marshville, NC Title is generated by Realmo AI

    Old Goldmine Road, Marshville, NC 28103

    View on Map
    Claim this Listing
    New
    For Sale
    Under Contract
    $600,000

    LAND - Marshville, NC

    Lot size:
    31.98 Acres
    Added:
    May 15, 2026
    Days on Market:
    4
    Last Refresh:
    May 18 at 1:06 pm

    Property Features for Old Goldmine Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AF8
    Standard status
    Active Under Contract
    APN
    X1-159-004
    Lot size
    31.98 Acres

    Taxes and HOA fees

    Tax Description
    46.16A OPCP830

    We can help!

    Listing Contact
    Kyle Keller
    Kyle Keller

    Listing agent Kyle Keller License #295501

    Listing office Keller Williams Ballantyne Area 14045 Ballantyne Corporate Pl, #500, Charlotte, NC

    Listing date May 15, 2026

    MLS# 4382353 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

    • Rare 30+ acre parcel in the desirable Marshville countryside.
    • Versatile RA‑40 zoning allows for custom home, farm, equestrian activities, or family retreat.
    • Conveniently located minutes from Charlotte, Monroe, and New Salem with easy access to amenities.
    • Gently rolling topography, open meadows, and mature oak trees create breathtaking views and a serene setting.
    • Hundreds of feet of paved road frontage ensures easy access and development potential.
    • Close proximity to Eagle Chase Golf Club.

    Overview

    This 31.98-acre farmland opportunity is located in Marshville, Union County, North Carolina. The property is zoned AF8 and RA-40, supporting a wide range of uses, including a custom dream home, working farm, garden, equestrian activities, or a private family retreat. The land features gently rolling topography, open meadows, and mature oak trees, creating long-range views. It is situated minutes from Charlotte, Monroe, and New Salem, with easy access to grocery stores, gas stations, and everyday amenities. The property is located near Eagle Chase Golf Club. It features paved road frontage and is described as having wildlife habitat, open fields, and natural beauty. The land is suitable for a private homestead, hobby farm, or multigenerational property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Marshville
    County
    Union
    State
    North Carolina
    Longitude
    -80.360813
    Latitude
    35.077446

    Nearby Similar for Sale

    • $1,950,000

      High-Traffic Commercial Property in Marshville

      Iconic commercial property with high visibility in a developing corridor.
      6601 E Marshville Boulevard, Marshville, NC 28103
      View Details
    • $347,000

      Marshville Homestead Land For Sale

      13.83 acres in Marshville, NC, ideal for custom dream home.
      Lucy Short Cut Road, Marshville, NC 28103
      View Details
    • $549,000

      Marshville Land with Creek Bottoms

      31.18 acres in Union County with diverse wildlife.
      Lucy Short Cut Road, Marshville, NC 28103
      View Details
    • $367,500

      Marshville Acreage: Dream Home Canvas

      14.52 acres in Marshville, NC, ideal for custom home.
      Lucy Short Cut Road, Marshville, NC 28103
      View Details
    • $32,000

      Marshville Acre: Versatile Land Parcel

      One acre of flat, mostly cleared land in Marshville, NC.
      5606 Flint Ridge Church Road, Marshville, NC 28103
      View Details
    • $155,000

      Marshville Wooded Lot Opportunity

      6.32-acre wooded lot perfect for rural living.
      5826 Landsford Road, Marshville, NC 28103
      View Details
    • $174,900

      7-Acre Wooded Lot in Marshville

      7-acre wooded lot for rural living near Charlotte.
      Philadelphia Church Road, Marshville, NC 28103
      View Details
    • $259,000

      Marshville Homestead Opportunity

      10.18 acre homestead in Marshville, Union County.
      Lucy Short Cut Road, Marshville, NC 28013
      View Details
    • $280,000

      Marshville Countryside Land Opportunity

      11+ acre lot in Marshville, perfect for custom home.
      Lucy Short Cut Road, Marshville, NC 28013
      View Details
    • $299,900

      Marshville Land with Farming Potential

      7.51 acres zoned for residential and agricultural use.
      3420 Lanesboro Road, Marshville, NC 28103
      View Details
    • $250,000

      Marshville Land in New Salem

      Wooded lot in New Salem Estates, ready for your dream home.
      6307 Highway 205, Marshville, NC 28103
      View Details
    • $2,860,000
      23,890 SF

      Marshville Commercial Property For Sale

      23,890 SF commercial property with highway visibility in Marshville, NC.
      6920 E Marshville Boulevard, Marshville, NC 28103
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 30+ acre farmland in Union County, perfect for custom dream home.
    Where is this agricultural land / farmland located?
    The property is located at Old Goldmine Road Marshville, NC.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: Rare 30+ acre parcel in the desirable Marshville countryside.; Versatile RA‑40 zoning allows for custom home, farm, equestrian activities, or family retreat.; Conveniently located minutes from Charlotte, Monroe, and New Salem with easy access to amenities.
    (704) 906-1693
    We can help!
    Listing Contact
    Kyle Keller
    Kyle Keller
    Real Estate License ID: 295501
    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
    Old Goldmine Road, Marshville, NC 28103
    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!