Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Winston Rd Jonesville, NC 28642
    Back to Search
    Property profile & analytics

    Winston Rd, Jonesville, NC 28642

    View on Map
    • Land
    • 2.50 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Winston Rd

    Lot size
    2.50 lot acres
    Property type
    Land

    Description

    This exceptional 2.5-acre commercial land parcel in Jonesville, North Carolina, presents a remarkable investment opportunity. Located on Winston Road in Yadkin County (zip code 28642), this property boasts a highly visible location directly across from the Jonesville Town Offices, ensuring significant exposure to potential customers. Its strategic position is further enhanced by its proximity to Interstate 77, Exit 82, a mere half-mile away. This convenient access point places the property within easy reach of a thriving commercial corridor featuring four hotels, as well as popular restaurants such as Cracker Barrel, McDonald's, Wendy's, Bojangles, and Waffle House. The area's strong traffic counts are further amplified by the addition of two RV parks, completed in Spring 2021, within a half-mile radius. The property benefits from readily available municipal water and sewer services, with natural gas extending to neighboring properties. This presents a significant advantage for future development and operational efficiency. For larger-scale projects, note that over 20 additional acres of adjoining land are also available for acquisition. The property is zoned for commercial use, making it ideal for a variety of retail or commercial ventures. The asking price for this exceptional property is $600,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Jonesville
    County
    Yadkin
    State
    North Carolina
    Longitude
    -80.826
    Latitude
    36.24

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      Winston Rd

      Land
      0 Winston Rd, Jonesville, NC 28642
      View Details
    • Value Estimation by Request
      1.50 Acres

      Winston Rd

      Restaurants
      0 Winston Rd, Jonesville, NC 28642
      View Details
    • Value Estimation by Request
      1.00 Acre

      3 Winston Rd

      Commercial real estate
      3 Winston Rd, Jonesville, NC 28642
      View Details
    • Value Estimation by Request
      2.50 Acres

      2 Winston Rd

      Commercial real estate
      2 Winston Rd, Jonesville, NC 28642
      View Details
    • Value Estimation by Request
      900 SF

      3900 Ctr Rd

      COMMERCIAL (GENERAL)
      3900 Ctr Rd, Jonesville, NC 28642-9122
      View Details
    • Value Estimation by Request
      28.00 Acres

      2100 Nc Hwy 67 Hwy

      Commercial real estate
      2100 Nc Hwy 67 Hwy, Jonesville, NC 28642
      View Details

    Similar Nearby for Sale

    • $79,350

      Land on Vestal Road

      Land available on Vestal Road in Jonesville, North Carolina.
      00-00 Vestal Rd, Jonesville, NC 28642
      View Details
    • $69,900
      5.40 Acres

      Unrestricted Land Near Greenway

      5.4+/- acres with road frontage near recreational amenities.
      Nc Highway 67, Jonesville, NC 28642
      View Details
    • Contact for pricing

      21 Acres Development Opportunity

      Approximately 21 acres ideal for further development.
      1 Valley Dr, Jonesville, NC 28642
      View Details
    • $525,000
      21.11 Acres

      Jonesville, NC Land - 21 Acres

      Prime Development Land, R-12 Zoning
      1 Valley Dr, Jonesville, NC 28642
      View Details
    • $295,000
      1.00 Acre

      Jonesville Commercial Land Investment

      High-visibility, I-77 Exit 82 access.
      3 Winston Rd, Jonesville, NC 28642
      View Details
    • $295,000
      1.00 Acre

      Jonesville Commercial Land Investment

      High-visibility, I-77 Exit 82 access.
      3 Winston Rd, Jonesville, NC 28642
      View Details
    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.
    Winston Rd
    Jonesville, NC 28642
    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
    Winston Rd, Jonesville, NC, 28642
    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!