147 Deer Vly Dr Warne, NC 28909
Exceptional investment opportunity in Warne, NC, featuring 158.62 acres of land encompassing two phases of development. Phase 1 consists of 28 buildable lots, each ranging from one to 1.7 acres, situated within an established residential community with existing homes. Phase 2 comprises 118.89 acres of raw, undeveloped land, presenting significant potential for future development. The property is bank-owned and offered at $1,650,000. Parcel numbers include: 544800098022, 544800098502, 544800198098, 544800195410, 544800193570, 544800192579, 544800191524, and 544800099557. Located at 147 Deer Valley Dr E, Warne, NC 28909, this property presents a unique opportunity for developers seeking to capitalize on a booming area. Seller financing or a lot release structure may be available. Detailed lot breakdowns are available upon request. This is a prime opportunity to acquire a substantial land holding with immediate development potential and significant long-term upside.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.