Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Don Juan Rd Hertford, NC 27944
    Back to Search
    Property profile & analytics

    Don Juan Rd Hertford, NC 27944

    View on Map
    • Land
    • 78,000 SF
    • 28.64 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Don Juan Rd

    Year built
    1972
    Lot size
    28.64 lot acres
    Property size
    78,000 SF
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 28.64-acre development site in Hertford, North Carolina, presents a compelling investment opportunity. The property boasts a substantial 78,000-square-foot building constructed in 1972, currently vacant and ready for immediate redevelopment or repurposing. Located at 0 Don Juan Rd, zip code 27944, this expansive site offers significant potential for various industrial uses. The asking price is $650,000, translating to a remarkably affordable $8.33 per square foot. The property's size and location make it ideal for a range of projects, from manufacturing and warehousing to light industrial operations. The existing building, while dated, provides a solid foundation for renovation or expansion, offering significant cost savings compared to new construction. With its ample acreage and strategic location, this property represents a rare chance to acquire a substantial industrial asset at an exceptionally competitive price point. The property's APN is 7940016715. This is a truly unique opportunity for investors seeking a high-return, value-add project in a growing market. Don't miss out on this chance to acquire a prime piece of industrial real estate in Hertford, NC.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hertford
    County
    Perquimans
    State
    North Carolina
    Longitude
    -76.4899
    Latitude
    36.2

    Comparable in this City

    • Value Estimation by Request
      0.37 Acres

      109 Chatooga Ct

      Land • 0.37 Acres
      109 Chatooga Ct, Hertford, NC 27944
      View Details
    • Value Estimation by Request
      0.99 Acres

      0000 Hoyle Jones Rd

      Farms • 0.99 Acres
      0000 Hoyle Jones Rd, Hertford, NC 27944
      View Details
    • Value Estimation by Request
      0.22 Acres

      Shady Ln Ln

      Land • 0.22 Acres
      0 Shady Ln Ln, Hertford, NC 27944
      View Details
    • Value Estimation by Request
      0.37 Acres

      000 Fifth Ave

      Land • 0.37 Acres
      000 Fifth Ave, Hertford, NC 27944
      View Details
    • Value Estimation by Request
      0.31 Acres

      6 Woodland Ave

      Land • 0.31 Acres
      6 Woodland Ave, Hertford, NC 27944
      View Details
    • Value Estimation by Request
      0.45 Acres

      30 Holiday Ln

      Land • 0.45 Acres
      30 Holiday Ln, Hertford, NC 27944
      View Details

    Similar Nearby for Sale

    • $214,900
      30.00 Acres

      30 Acres Vacant Land

      30-acre tract with cleared homesite and timber.
      Camp Perry Rd, Hertford, NC 27944
      View Details
    • $114,900
      1.69 Acres

      Waterfront Lot on Yeopim Creek

      Waterfront land with views and access to Albemarle Sound.
      60 Kennedy Ct, Hertford, NC 27944
      View Details
    • $50,000
      1.00 Acre

      Land in New Hope, NC

      One acre of commercial land for sale in New Hope.
      Cove Rd, Hertford, NC 27944
      View Details
    • $50,000
      1.00 Acre

      Acre Lot in New Hope

      One acre lot with no HOA or deed restrictions.
      Cove Rd, Hertford, NC 27944
      View Details
    • $50,000
      1.60 Acres

      Wooded Lot Near Boat Ramp

      1.6-acre wooded lot near public boat ramp, no HOA.
      Boat Ramp Rd, Hertford, NC 27944
      View Details
    • $140,000
      10.01 Acres

      Hertford Land with Water Access

      10 acres near boat ramp, no restrictions, build your vision.
      1 Boat Ramp Rd, Hertford, NC 27944
      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.
    Don Juan Rd
    Hertford, NC 27944
    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
    Don Juan Rd, Hertford, NC, 27944
    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!