Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Hwy 74 & Unarco Rd Marshville, NC 28103

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Hwy 74 & Unarco Rd Marshville, NC 28103

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

    Current Use by Public Records

    • Land

    Property Details for 0 Hwy 74 & Unarco Rd

    Lot size
    7.26 lot acres
    Property type
    Land

    Description

    This exceptional 7.26-acre commercial land assemblage is strategically located at the intersection of Hwy 74 and Unarco Rd in Marshville, North Carolina, zip code 28103. The property consists of multiple parcels, identified by tax IDs: 02114141, 02114141A, 02114142, 02114143, 02114145, 02114145A, and 02114146. Its prime location near a signalized intersection offers excellent visibility and accessibility. This presents a unique opportunity for developers and investors. The property is currently zoned for its intended use, and plans are in place for rezoning. The asking price is $2,322,850, but the purchase price is negotiable. This is an ideal site for a variety of commercial developments, taking advantage of its high-traffic location and significant acreage. Detailed information regarding the rezoning process is available upon request. Serious inquiries only. Contact for further details and to schedule a viewing. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly growing area of Union County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marshville
    County
    Union
    State
    North Carolina
    Longitude
    -80.354
    Latitude
    34.9919

    Comparable in this City

    • Value Estimation by Request
      5.00 Acres

      Nc-218/Nc-205

      Land • 5.00 Acres
      0 Nc-218/Nc-205, Marshville, NC 28103
      View Details
    • Value Estimation by Request
      63.00 Acres

      Hwy 74 & Stegall Rd

      Land • 63.00 Acres
      0 Hwy 74 & Stegall Rd, Marshville, NC 28103
      View Details
    • Value Estimation by Request
      1.50 Acres

      7223 Marshville Blvd

      Land • 1.50 Acres
      7223 Marshville Blvd, Polkton, NC 28103
      View Details
    • Value Estimation by Request
      3.83 Acres

      7215 Marshville Blvd

      Land • 3.83 Acres
      7215 Marshville Blvd, Marshville, NC 28103
      View Details
    • Value Estimation by Request
      1.67 Acres

      1009 Unarco Rd

      Land • 1.67 Acres
      1009 Unarco Rd, Marshville, NC 28103
      View Details
    • Value Estimation by Request
      68.21 Acres

      218/Hwy 205

      Land • 68.21 Acres
      218/Hwy 205, Marshville, NC 28103
      View Details

    Similar Nearby for Sale

    • $367,500

      Land on Lucy Short Cut

      Land available on Lucy Short Cut Road in Marshville, NC.
      0000 Lucy Short Cut Rd, Marshville, NC 28103
      View Details
    • Contact for pricing

      Hwy 74 & Unarco Land

      Land assemblage near signalized intersection, intent to rezone.
      Hwy 74 & Unarco Rd, Marshville, NC 28103
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale. Call for details.
      1009 Unarco Rd, Marshville, NC 28103
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      7215 E Marshville Blvd, Marshville, NC 28103
      View Details
    • Contact for pricing

      Land at Highway Corner Location

      Land for sale at the corner of two highways.
      Nc-218/Nc-205, Marshville, NC 28103
      View Details

    Similar Nearby for Lease

    • $6,000 /Mo
      14,375 SF

      Marshville Commercial Land For Rent

      Commercial land available for rent in Marshville, North Carolina.
      601 N Carelock Dr, Marshville, NC 28103
      View Details
    • Contact for pricing
      1,750 SF

      Versatile Retail/Office Space Available

      Adaptable space suitable for retail, office, or restaurant use.
      201-203 E Union St, Marshville, NC 28103
      View Details
    • $1,200 /Mo
      890 SF

      Office Space on W Main

      Office space for rent on W Main Street.
      112 W Main St, Marshville, NC 28103
      View Details
    • $6,000 /Mo
      25,265 SF

      Highway Retail Opportunity in Marshville

      Highway retail property with utilities in Marshville, North Carolina.
      6137 W Marshville Blvd, Marshville, NC 28103
      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.
    Hwy 74 & Unarco Rd
    Marshville, NC 28103
    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

    Hwy 74 & Unarco Rd, Marshville, NC, 28103

    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!