Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    0000 Hwy 73 Hwy Stanley, NC 28080

    • Commercial real estate
    • 11.20 lot acres
    For Sale
    View listing
    $1,990,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 0000 Hwy 73 Hwy

    Year built
    2024
    Lot size
    11.20 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 11.2-acre commercial property boasts an unparalleled location on Highway 73 in Stanley, North Carolina, situated between Denver and Huntersville. Benefitting from over 275 feet of highly visible road frontage on this heavily trafficked highway, this site presents a remarkable investment opportunity. Lincoln County has already approved comprehensive commercial development plans, eliminating significant pre-development hurdles. These approved plans encompass a substantial 60,000 square feet of retail and restaurant space, strategically complemented by ample parking for 300 vehicles. The property's accessibility is further enhanced by the availability of county water. Detailed information concerning county sewer access is available in the attached documents. This turnkey opportunity is ideal for developers seeking a prime location with pre-approved plans, minimizing risk and accelerating the development timeline. The strategic positioning between two thriving communities ensures high visibility and significant potential for attracting a diverse range of businesses. This is a rare chance to acquire a fully permitted commercial site ready for immediate development in a high-demand area. Don't miss this chance to capitalize on this exceptional investment opportunity. Contact us today to learn more and secure this prime commercial land.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Stanley
    County
    Lincoln
    State
    North Carolina
    Longitude
    -81.1521
    Latitude
    35.4687

    Comparable in this City

    • Value Estimation by Request
      0.42 Acres

      Depot St

      COMMERCIAL (GENERAL) • 0.42 Acres
      Depot St, Iron Station, NC 28080
      View Details
    • Value Estimation by Request

      Furnace Rd

      COMMERCIAL (GENERAL)
      Furnace Rd, Iron Station, NC 28080
      View Details
    • Value Estimation by Request
      784 SF

      1467 Depot St

      COMMERCIAL (GENERAL) • 784 SF
      1467 Depot St, Iron Station, NC 28080-9352
      View Details
    • Value Estimation by Request
      0.82 Acres

      346 Amity Church Rd

      COMMERCIAL (GENERAL) • 0.82 Acres
      346 Amity Church Rd, Iron Station, NC 28080-7725
      View Details
    • Value Estimation
      $19,295,000
      393,708 SF

      1000 Timken Pl

      WAREHOUSE, STORAGE • 393,708 SF
      1000 Timken Pl, Iron Station, NC 28080-7788
      View Details
    • Value Estimation by Request
      4,000 SF

      3561 Hwy 27

      CONVENIENCE STORE • 4,000 SF
      3561 Hwy 27, Iron Station, NC 28080
      View Details

    Similar Nearby for Sale

    • $1,990,000
      11.20 Acres

      Highway 73 Commercial Land Opportunity

      Prime 11+ Acres, Approved Plans
      0000 Hwy 73 Hwy, Stanley, NC 28080
      View Details
    • $60,000
      1.17 Acres

      Residential Lot in Iron Station

      Wooded lot in quiet neighborhood, ideal for building a home.
      Sardis Ct, Iron Station, NC 28080
      View Details
    • $45,000
      1.29 Acres

      Homesite in Iron Station, NC

      1.29 acre homesite in a quiet, rural setting.
      Chase Dr, Iron Station, NC 28080
      View Details
    • $225,000
      2.44 Acres

      Residential Land in Autumn Woods

      2.44 acre lot in a peaceful, convenient location.
      1038 Misty Creek Dr, Iron Station, NC 28080
      View Details
    • $565,000
      0.75 Acres

      Historic Mixed-Use Property, Iron Station

      Charming property with residential and business potential in Iron Station.
      1481 Depot St, Iron Station, NC 28080
      View Details
    • $45,000

      Spacious Lot in Iron Station

      1.28 acre lot in a rapidly growing community.
      5045 Amity Ln, Iron Station, NC 28080
      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.
    0000 Hwy 73 Hwy
    Stanley, NC 28080
    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

    Google sign-in failed. Please try again or use another login method.