Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Unionville Indian Trail Rd Indian Trail, NC 28079
    Back to Search
    Property profile & analytics

    Unionville Indian Trail Rd, Indian Trail, NC 28079

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

    Current Use by Public Records

    • Land

    Property Details for 0 Unionville Indian Trail Rd

    Lot size
    5.50 lot acres
    Property type
    Land

    Description

    This exceptional 5.5-acre commercial land parcel presents a remarkable investment opportunity in the thriving Union County, North Carolina. Located at 3405 Unionville Indian Trail Rd, Indian Trail, NC 28079, this property boasts a highly desirable location with easy access to major transportation routes, making it ideal for a wide range of commercial developments. The expansive lot size offers ample space for various projects, from retail centers and office buildings to light industrial facilities or warehousing. The asking price is $1,155,000. This prime location in the rapidly growing Indian Trail area offers significant potential for future appreciation and strong rental income. The property's zoning and permitted uses should be verified independently with Union County planning and zoning department. Serious inquiries are encouraged to explore the possibilities this exceptional land parcel offers. Don't miss this chance to secure a strategic foothold in one of North Carolina's most dynamic commercial markets. The property is conveniently located near key amenities and infrastructure, further enhancing its appeal to potential developers and investors. Detailed site plans and surveys are available upon request. This is a rare opportunity to acquire a substantial commercial land holding in a high-growth area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Indian Trail
    County
    Union
    State
    North Carolina
    Longitude
    -80.6576
    Latitude
    35.0761

    Comparable in this City

    • Value Estimation by Request
      1.37 Acres

      3314 Unionville - Indian Trl Rd

      Land
      3314 Unionville - Indian Trl Rd, Indian Trail, NC 28079
      View Details
    • Value Estimation by Request
      2.40 Acres

      6504 Secrest Shortcut Rd

      Land
      6504 Secrest Shortcut Rd, Indian Trail, NC 28079
      View Details
    • Value Estimation by Request
      3.00 Acres

      Bonterra Vlg Way

      Land
      0 Bonterra Vlg Way, Indian Trail, NC 28079
      View Details
    • Value Estimation by Request
      9.50 Acres

      Bonterra Vlg Way

      Land
      0 Bonterra Vlg Way, Indian Trail, NC 28079
      View Details
    • Value Estimation by Request
      5.64 Acres

      Secrest Shortcut Rd

      Land
      0 Secrest Shortcut Rd, Monroe, NC 28079
      View Details
    • Value Estimation by Request
      13.30 Acres

      6309 Secrest Shortcut Rd

      Land
      6309 Secrest Shortcut Rd, Indian Trail, NC 28079
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      Land available for sale.
      Bonterra Vlg Way, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Land Available For Sale

      Mixed-use land available in Indian Trail, North Carolina.
      6504 Secrest Shortcut Rd, Indian Trail, NC 28079
      View Details
    • $74,950

      Land for Sale

      Land available in Union County.
      000 Rose Dr, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Land Available For Sale

      Land available for sale at Unionville Indian Trail Road.
      W And Younts Rd, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      6217 Secrest Shortcut Rd, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      Bonterra Vlg Way, Indian Trail, NC 28079
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Development Opportunity

      7.439 AC site with proposed 61,800 SF industrial space.
      215 Garmon Rd, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Former Pharmacy Retail/Office Opportunity

      10,125 SF former pharmacy on 1.756 acres for rent.
      4300 Old Monroe Rd, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Land For Rent, Indian Trail

      Land available for rent in Indian Trail, North Carolina.
      305 Chestnut Pkwy, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Land for Lease in Indian Trail

      Approximately 1.756 acres of land available for lease.
      4300 Old Monroe Rd, Indian Trail, NC 28079
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space on Independence Blvd

      Retail spaces available in high-growth Indian Trail market.
      13719 E Independence Blvd, Indian Trail, NC 28079
      View Details
    • Contact for pricing
      3,664 SF

      Office Space for Lease

      Office suites available with customization options and ample parking.
      6040-6068 Highway 74 W, Indian Trail, NC 28079
      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.
    Unionville Indian Trail Rd
    Indian Trail, NC 28079
    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
    Unionville Indian Trail Rd, Indian Trail, NC, 28079
    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!