Property profile

10560 Lake Royalle Rd Spring Hope, NC 27882

OFF-MARKET
Specialty properties
5,094 SF 9.35 ac lot Built 2002
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Property summary

AI-generated overview

This exceptional mixed-use property in Spring Hope, NC, presents a unique investment opportunity. Priced at $840,000, this nearly 10-acre mini-farm boasts a 5,094 square foot main building and three additional structures, totaling four buildings in all. Built in 2002, the property features a custom-designed ranch home with hardwood floors and ample storage. The property also includes a fully operational kennel facility, ideal for dog boarding, breeding, or training. The kennel includes a 60 x 32 indoor/outdoor area with 20 individual runs, two offices, and a grooming area. Twenty large outdoor paddocks, each with grass, shade trees, and individual housing, provide ample space for dogs. A four-stall barn includes a whelping room and could be adapted for additional climate-controlled runs. Two stocked pastures with a pond complete the property, making it suitable for training duck hunting dogs. The property's design prioritizes efficiency and the well-being of canines. The property is located approximately 45 miles northeast of Raleigh, NC, offering both privacy and convenient access to a major metropolitan area. Parcel IDs 340768 and 019293 are included in the sale. This turnkey operation offers significant income potential and a beautiful living environment. The Class B property is offered as an owner/user investment.

Property profile

Verified
Property type Specialty properties
Year built 2002
Total area 5,094 SF
Lot 9.35 ac (407,286 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10560 Lake Royalle Rd Spring Hope, NC 27882
Spring Hope metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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