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    Hanging Rock Forest Rd Danbury, NC 27016

    • Land
    • 18.85 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Hanging Rock Forest Rd

    Lot size
    18.85 lot acres
    Property type
    Land

    Description

    This exceptional 18.85-acre property, located in the desirable Hanging Rock Forest Subdivision in Danbury, North Carolina (zip code 27016), presents a unique investment opportunity. The land is comprised of multiple lots and tracts, offering flexibility for various development scenarios. The property is zoned R3, allowing for residential development. However, it's important to note that several lots are non-conforming and will require variance review from the Town of Danbury, per their Zoning Ordinance (available upon request). A map detailing the property's location within the Danbury ETJ (Extra Territorial Jurisdiction) and its partial inclusion in the Danbury Wellhead Protection Overlay District is also available. The eastern section of the property falls under this overlay district. Prospective buyers should familiarize themselves with these regulations before making an offer. Municipal water and sewer are not available

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Danbury
    County
    Stokes
    State
    North Carolina
    Longitude
    -80.2242
    Latitude
    36.4091

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    Hanging Rock Forest Rd
    Danbury, NC 27016
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    Realmo Value Estimation

    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.

    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.

    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
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