Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Asbury Church Rd. & Rocky Br Rd Hamptonville, NC 27020
    Back to Search
    Property profile & analytics

    Asbury Church Rd. & Rocky Br Rd, Hamptonville, NC 27020

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

    Current Use by Public Records

    • Land

    Property Details for 0 Asbury Church Rd. & Rocky Br Rd

    Lot size
    7.88 lot acres
    Property type
    Land

    Description

    This exceptional 7.881-acre commercial land parcel presents a remarkable investment opportunity in Hamptonville, North Carolina. Strategically located at the intersection of Asbury Church Road and Rocky Branch Road, this corner lot boasts exceptional visibility from US-421, a major thoroughfare averaging 20,000 vehicles per day. Its proximity to Interstate 77 (approximately one mile east, with an average daily traffic count of 36,500 vehicles) further enhances its accessibility and potential. The property features approximately 400 feet of frontage on Rocky Branch Road, making it highly suitable for a variety of highway-oriented businesses, such as a travel plaza or convenience store. Adding to its appeal, the site is directly across from a park and ride facility, providing convenient access for commuters and customers. The land is commercially zoned and benefits from recently installed infrastructure improvements by Yadkin County, including sewer, natural gas, and fiber optic cable. Priced at $895,000 ($113,564 per acre), this property offers significant potential for growth and return on investment. Don't miss this chance to acquire a prime commercial site in a high-traffic location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hamptonville
    County
    Yadkin
    State
    North Carolina
    Longitude
    -80.7944
    Latitude
    36.1176

    Comparable in this City

    • Value Estimation by Request
      5.45 Acres

      Lydall Westex Rd

      Land
      0 Lydall Westex Rd, Hamptonville, NC 27020
      View Details
    • Value Estimation by Request
      6,000 SF

      2113 Buck Shls Rd

      COMMERCIAL (GENERAL)
      2113 Buck Shls Rd, Hamptonville, NC 27020
      View Details
    • Value Estimation by Request
      5.46 Acres

      000 Lydall Westex Rd

      Commercial real estate
      000 Lydall Westex Rd, Hamptonville, NC 27020
      View Details
    • Value Estimation by Request
      684 SF

      4336 Old Us 421st Hwy

      COMMERCIAL (GENERAL)
      4336 Old Us 421st Hwy, Hamptonville, NC 27020
      View Details
    • Value Estimation by Request
      512 SF

      4414 Old Us 421st Hwy

      COMMERCIAL (GENERAL)
      4414 Old Us 421st Hwy, Hamptonville, NC 27020-8253
      View Details
    • Value Estimation by Request
      4.90 Acres

      528 Somers School Rd

      COMMERCIAL (GENERAL)
      528 Somers School Rd, Hamptonville, NC 27020-6934
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Development Opportunity Near I-77

      5.32-acre parcel for development with easy highway access.
      0000 Seagraves Rd, Hamptonville, NC 27020
      View Details
    • Contact for pricing

      Cleared Land Near Highway 421

      Land with convenient highway access and potential business opportunities.
      1 Windsor Rd, Hamptonville, NC 27020
      View Details
    • Contact for pricing

      Land For Sale Hamptonville

      Land available for sale in Hamptonville, North Carolina.
      1137 Lydall Westex Rd, Hamptonville, NC 27020
      View Details
    • $109,000
      5.51 Acres

      Unrestricted Acreage in Hamptonville

      5.5+ acres in Hamptonville, NC with fruit trees.
      2095 Hatties Way, Hamptonville, NC 27020
      View Details
    • $535,000
      Pending

      Hamptonville Acreage Near Highway 421

      45.29 acres with buildings in Hamptonville, North Carolina.
      3842 W Old Us Hwy 421, Hamptonville, NC 27020
      View Details
    • Contact for pricing

      Unrestricted Farmland in Hamptonville, NC

      21 acres of unrestricted farmland with development potential.
      3740 Mauldin Rd, Hamptonville, NC 27020
      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.
    Asbury Church Rd. & Rocky Br Rd
    Hamptonville, NC 27020
    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
    Asbury Church Rd. & Rocky Br Rd, Hamptonville, NC, 27020
    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!