Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5713 Us-64 Ramseur, NC 27316
    Back to Search
    Property profile & analytics

    5713 Us-64 Ramseur, NC 27316

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

    Current Use by Public Records

    • Land

    Property Details for 5713 Us-64

    Lot size
    15.00 lot acres
    Property type
    Land

    Description

    This exceptional 15-acre development opportunity is ideally situated on US Highway 64 in Ramseur, North Carolina. Currently zoned Highway Commercial (HC), this property is perfectly positioned for retail, service, and distribution businesses. Its prime location offers high visibility and convenient access, falling between Asheboro and Ramseur. The site boasts significant advantages, including proximity to major manufacturing facilities: a 25-minute drive to the new Toyota battery plant and a 15-minute drive to the Wolfspeed facility in Siler City. The property benefits from access to municipal water and sewer services. Furthermore, annexation into Franklinville and rezoning for alternative uses are possibilities. The lot size, as per Randolph County GIS data, is 15 acres and should be verified by a survey. Highway 64 experiences a high volume of traffic, with 17,000 vehicles per day passing by. The asking price for this remarkable development parcel is $495,000. The property's APN is 66952, and ownership is held by McDuffie.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ramseur
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.6777
    Latitude
    35.7311

    Comparable in this City

    • Value Estimation by Request
      22.55 Acres

      7187 Jordan Rd

      Land • 22.55 Acres
      7187 Jordan Rd, Ramseur, NC 27316
      View Details
    • Value Estimation by Request
      1.76 Acres

      167 State Hwy

      Land • 1.76 Acres
      167 State Hwy, Ramseur, NC 27316
      View Details
    • Value Estimation by Request
      6.91 Acres

      7121 Jordan Rd

      Farms • 6.91 Acres
      7121 Jordan Rd, Ramseur, NC 27316
      View Details
    • Value Estimation by Request
      8.40 Acres

      860 Edwards Farm Rd

      MOBILE HOME PARK, TRAILER PARK • 8.40 Acres
      860 Edwards Farm Rd, Ramseur, NC 27316-8199
      View Details
    • Value Estimation by Request
      3,456 SF

      1303 Rdg St

      APARTMENT HOUSE (5+ UNITS) • 3,456 SF
      1303 Rdg St, Ramseur, NC 27316-9722
      View Details
    • Value Estimation by Request
      8.20 Acres

      4697 Roundleaf Rd

      MOBILE HOME PARK, TRAILER PARK • 8.20 Acres
      4697 Roundleaf Rd, Ramseur, NC 27316-8288
      View Details

    Similar Nearby for Sale

    • $3,573,750

      Ramseur Development Opportunity Zone Land

      22.55 acres in Opportunity Zone with road frontage.
      7187 Jordan Rd, Ramseur, NC 27316
      View Details
    • Contact for pricing

      Ramseur Land for Development

      22.55 acres in Opportunity Zone with road frontage.
      7187 Jordan Rd, Ramseur, NC 27316
      View Details
    • $3,573,750

      Ramseur Land in Opportunity Zone

      22.55 acres in Ramseur with frontage on two highways.
      7187 Jordan Rd, Ramseur, NC 27316
      View Details
    • $775,000

      Ramseur Development Opportunity

      1.76 acres for development in high-traffic area.
      167 Nc Highway 49, Ramseur, NC 27316
      View Details
    • $435,000
      1.95 Acres

      Prime Commercial Land Opportunity

      High-visibility land in a rapidly growing economic region.
      121 Park Xrd Church Rd, Ramseur, NC 27316
      View Details
    • $388,000

      Highway Commercial Land Opportunity

      15+ acres with highway frontage and public services nearby.
      5713 Us Highway 64, Ramseur, NC 27316
      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.
    5713 Us-64
    Ramseur, NC 27316
    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
    5713 Us-64, Ramseur, NC, 27316
    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!