Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Vicksboro Rd & Rock Ml Rd Henderson, NC 27537
    Back to Search
    Property profile & analytics

    Vicksboro Rd & Rock Ml Rd Henderson, NC 27537

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

    Current Use by Public Records

    • Land

    Property Details for 0 Vicksboro Rd & Rock Ml Rd

    Lot size
    8.04 lot acres
    Property size
    1 SF
    Property type
    Land

    Description

    This exceptional 8.04-acre commercial land parcel presents a unique investment opportunity in Henderson, North Carolina. Located at the intersection of Vicksboro Road and Rock Mill Road, this property offers significant development potential for a variety of commercial uses. The single-tenant designation allows for flexibility in design and construction, catering to a range of business needs. Situated in Vance County, the property benefits from convenient access to key transportation routes and amenities. With its expansive size and prime location, this land offers a blank canvas for entrepreneurs and investors seeking to establish a strong presence in a growing market. The property's zoning and permitted uses should be independently verified to ensure compliance with intended development plans. Detailed site surveys and environmental assessments are recommended prior to any construction or development activities. This is an ideal opportunity for those seeking a substantial land holding in a desirable location with high growth potential. The property is ready for immediate development, making it an attractive option for businesses looking to expand or establish a new location. Further information regarding utilities and infrastructure availability can be obtained through the relevant county authorities. This 8.04-acre site presents a rare chance to acquire a significant commercial land parcel in a thriving North Carolina community. The address is Vicksboro Rd & Rock Mill Rd, Henderson, NC 27537.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Vance
    State
    North Carolina
    Longitude
    -78.3622
    Latitude
    36.3159

    Comparable in this City

    • Value Estimation by Request
      12.05 Acres

      Vanco Mill Rd

      Land • 12.05 Acres
      0 Vanco Mill Rd, Henderson, NC 27537
      View Details
    • Value Estimation by Request
      8.04 Acres

      Vicksboro Rd & Rock Ml Rd

      Land • 8.04 Acres
      0 Vicksboro Rd & Rock Ml Rd, Henderson, NC 27537
      View Details
    • Value Estimation by Request
      1.50 Acres

      Cooper Dr

      Land • 1.50 Acres
      0 Cooper Dr, Henderson, NC 27537
      View Details
    • Value Estimation by Request
      4.64 Acres

      194 Dabney Rd

      Land • 4.64 Acres
      194 Dabney Rd, Henderson, NC 27537
      View Details
    • Value Estimation by Request
      13.70 Acres

      653 Plum Nutty Rd

      Land • 13.70 Acres
      653 Plum Nutty Rd, Henderson, NC 27537
      View Details
    • Value Estimation by Request
      0.66 Acres

      Cotton Pickin Pl

      Land • 0.66 Acres
      0 Cotton Pickin Pl, Henderson, NC 27537
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Unrestricted Wooded Lot For Sale

      Private, wooded lot with road frontage and no restrictions.
      01 Mill St Weldon'S, Henderson, NC 27537
      View Details
    • Contact for pricing

      Land Available For Sale

      Land available with potential tax considerations for the buyer.
      1000 Club Pond Rd, Henderson, NC 27537
      View Details
    • $165,000

      Wooded Land for Sale

      15 acres of wooded land with potential home sites.
      000 Weldons Mill Rd, Henderson, NC 27537
      View Details
    • $165,000
      15.00 Acres

      Wooded Land in Henderson, NC

      15 acres of wooded land with potential home sites.
      Weldons Mill Rd, Henderson, NC 27537
      View Details
    • $105,000

      29.77 Acres Across Three Tracts

      29.77 acres in three tracts, priced below tax value.
      539 Vincent Hoyle Rd, Henderson, NC 27537
      View Details
    • $130,000
      Pending

      Land For Sale Henderson, NC

      Land available in Henderson, North Carolina.
      124 Virginia Dare Ln, Henderson, NC 27537
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11 SF

      Heavy Industrial Land For Sublease

      11.92 AC heavy industrial land for outdoor storage.
      2760 Raleigh Rd, Henderson, NC 27537
      View Details
    • $17 SF/Yr
      18,120 SF

      New Commercial Building Near US-1

      Flexible commercial building with high visibility and access off US-1.
      40 Industrial Park Dr, Henderson, NC 27537
      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.
    Vicksboro Rd & Rock Ml Rd
    Henderson, NC 27537
    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
    Vicksboro Rd & Rock Ml Rd, Henderson, NC, 27537
    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!