Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Ethridge Rd Whitakers, NC 27891

    Property Lookup

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

    Ethridge Rd Whitakers, NC 27891

    View on Map
    • Industrial properties
    • 7,200 SF
    • 10.52 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for Ethridge Rd

    Year built
    2010
    Lot size
    10.52 lot acres
    Property size
    7,200 SF
    Property type
    Industrial properties

    Description

    This exceptional 7,200 square foot industrial property in Whitakers, NC, presents a unique investment opportunity. Situated on a spacious 10.52-acre lot, this meticulously maintained chicken farm is a turnkey operation currently housing over 42,000 chickens. The farm boasts three state-of-the-art poultry houses, designed for optimal efficiency and production. This established business enjoys a secure annual contract with Braswell, ensuring a consistent and reliable income stream. The daily egg yield exceeds 30,000, demonstrating the farm's significant profitability. Located in Halifax County, this property offers a stable and lucrative investment within North Carolina's thriving agricultural sector. The seller is offering flexible terms, making this an attractive proposition for serious buyers seeking a proven, high-yield agricultural enterprise. The property's size and established infrastructure provide ample room for potential expansion or diversification. This is a rare opportunity to acquire a fully operational and profitable chicken farm with a strong track record and secure contract. All aspects of the operation are in place, ready for immediate production and income generation. The property is offered at $939,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Whitakers
    County
    Nash
    State
    North Carolina
    Longitude
    -77.7119
    Latitude
    36.1129

    Comparable in this City

    • Value Estimation by Request
      2,778 SF

      113 Main St

      INDUSTRIAL (GENERAL) • 2,778 SF
      113 Main St, Whitakers, NC 27891
      View Details
    • Value Estimation by Request
      1,440 SF

      9390 Nc Hwy 33rd W

      MINI-WAREHOUSE, STORAGE • 1,440 SF
      9390 Nc Hwy 33rd W, Whitakers, NC 27891
      View Details
    • Value Estimation
      $32,940,000
      331,792 SF

      9377 Us Hwy 301

      MANUFACTURING (LIGHT) • 331,792 SF
      9377 Us Hwy 301, Whitakers, NC 27891-8621
      View Details
    • Value Estimation
      $2,070,000
      15,200 SF

      11260 Nc 33

      MINI-WAREHOUSE, STORAGE • 15,200 SF
      11260 Nc 33, Whitakers, NC 27891
      View Details
    • Value Estimation
      $3,695,000
      38,250 SF

      9762 Us Hwy 301

      MANUFACTURING (LIGHT) • 38,250 SF
      9762 Us Hwy 301, Whitakers, NC 27891
      View Details
    • Value Estimation by Request
      3,060 SF

      210 New St

      MINI-WAREHOUSE, STORAGE • 3,060 SF
      210 New St, Whitakers, NC 27891
      View Details

    Similar Nearby for Sale

    • $624,900
      49.49 Acres

      Unrestricted Land in Whitakers, NC

      Almost 50 acres of unrestricted land, partially wooded.
      Nc 43, Whitakers, NC 27891
      View Details
    • New
      $620,000

      Six-Unit Multifamily Investment Opportunity

      Six-unit investment property with potential for increased rental income.
      302 W Edgecombe St, Whitakers, NC 27891
      View Details
    • $152,000
      29.85 Acres

      29 Acres in Red Oak

      Expansive property for ideal home in peaceful, country setting.
      Ethridge Rd, Whitakers, NC 27891
      View Details
    • $225,000
      41.53 Acres

      41 Acres in Whitakers, NC

      41 acres of land available in Whitakers, North Carolina.
      Shearin Rd, Whitakers, NC 27891
      View Details
    • $599,000
      Pending

      Edgecombe County Hunting and Timberland

      356.58 acres of hunting and timberland in Whitakers, NC.
      Off Speights Chapel Rd, Whitakers, NC 27891
      View Details
    • $152,000
      29.85 Acres

      29 Acres in Red Oak

      29+ acre property in a peaceful, country setting.
      Ethridge Rd, Whitakers, NC 27891
      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.
    Ethridge Rd
    Whitakers, NC 27891
    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

    Ethridge Rd, Whitakers, NC, 27891

    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!