Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    934 Rutherford Rd Marion, NC 28752

    Property Lookup

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

    934 Rutherford Rd Marion, NC 28752

    View on Map
    • Commercial real estate
    • 0.38 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Barber Shop / Barber Shop

    Property Details for 934 Rutherford Rd

    Year built
    2008
    Lot size
    0.38 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional commercial property, situated at 934 Rutherford Road in Marion, NC, presents a unique investment opportunity. Boasting a highly desirable location on one of McDowell County's busiest roads, this property ensures maximum visibility and accessibility for any business. The building, a former barber shop, offers approximately 320 square feet of versatile space, featuring an open floor plan ideal for a variety of uses. A key advantage is the inclusion of a handicap-accessible restroom and a convenient storage room complete with washer and dryer hookups. The building also includes a 4-foot covered porch. The property sits on a 0.38-acre lot, including a concrete parking lot conveniently located adjacent to a side road providing easy access to Rutherford Road. Additional parking is possible in the grassy area overlooking a sizable creek. The property's prime location and adaptable layout make it an attractive prospect for entrepreneurs seeking a high-traffic location with ample parking and potential for expansion. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area. Don't miss out

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    McDowell
    State
    North Carolina
    Longitude
    -81.998
    Latitude
    35.6767

    Comparable in this City

    • Value Estimation by Request
      0.12 Acres

      Off St St Crawford

      COMMERCIAL (GENERAL) • 0.12 Acres
      Off St St Crawford, Marion, NC 28752
      View Details
    • Value Estimation by Request
      1,744 SF

      Lk James Rd

      COMMERCIAL (GENERAL) • 1,744 SF
      Lk James Rd, Marion, NC 28752
      View Details
    • Value Estimation by Request
      2,531 SF

      61 Logan St

      COMMERCIAL (GENERAL) • 2,531 SF
      61 Logan St, Marion, NC 28752-2856
      View Details
    • Value Estimation by Request
      1,168 SF

      Yancey St At Tunl Rd

      COMMERCIAL (GENERAL) • 1,168 SF
      Yancey St At Tunl Rd, Marion, NC 28752
      View Details
    • Value Estimation by Request
      1,728 SF

      1446 Sr

      COMMERCIAL (GENERAL) • 1,728 SF
      1446 Sr, Marion, NC 28752
      View Details
    • Value Estimation by Request
      2,353 SF

      2272 Us 70th E

      COMMERCIAL (GENERAL) • 2,353 SF
      2272 Us 70th E, Marion, NC 28752-6782
      View Details

    Similar Nearby for Sale

    • $899,000
      6.00 Acres

      High-Growth Marion Commercial Land

      6-Acre Commercial Lot Near I-40
      151 Mill Rd, Marion, NC 28752
      View Details
    • $409,000
      0.65 Acres

      High-Visibility Marion Commercial Building

      Prime Location, Versatile Space, High Traffic
      2050 Us 70, Marion, NC 28752
      View Details
    • $249,000
      0.33 Acres

      Downtown Marion Commercial Lot

      Prime C-2 Zoned Lot, Endless Potential
      551 Court St, Marion, NC 28752
      View Details
    • Contact for pricing

      Land for Sale in Marion

      Land available in McDowell County, North Carolina.
      000 Blue Ridge Dr N 164, Marion, NC 28752
      View Details
    • Contact for pricing
      0.66 Acres

      Wooded Lot in Gated Community

      0.66-acre wooded corner lot in Fox Ridge community.
      Fox Ridge Trl, Marion, NC 28752
      View Details
    • $35,000
      1.00 Acre

      Homesite with Mountain View Potential

      One-acre homesite with long-range view potential in a private setting.
      Dobson Knob Loop Rd, Marion, NC 28752
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Marion NC Flex Space Available

      Commercial flex space for lease near Marion City Square.
      500 N Main St, Marion, NC 28752
      View Details
    • Contact for pricing

      Marion City Square Retail Center

      Neighborhood center with retail, restaurant, office, and warehouse spaces.
      500 N Main St, Marion, NC 28752
      View Details
    • $2,000 /Mo
      21,780 SF

      Marion Commercial Space For Lease

      Warehouse and office space available in Marion near I-40.
      2849 Highway 226 S, Marion, NC 28752
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space available for lease at 364 US-70, Marion, NC.
      364 Us-70, Marion, NC 28752
      View Details
    • Contact for pricing

      7-Acre Graded Site For Lease

      7-acre graded, pad-ready site suitable for industrial/distribution business.
      364 Us-70, Marion, NC 28752
      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.
    934 Rutherford Rd
    Marion, NC 28752
    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

    934 Rutherford Rd, Marion, NC, 28752

    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!