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    1120 Butler Rd Yadkinville, NC 27055
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    1120 Butler Rd Yadkinville, NC 27055

    View on Map
    • Commercial real estate
    • 0.16 lot acres
    Off-Market
    Property ID
    US53-3913171
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1120 Butler Rd

    Lot size
    0.16 lot acres
    Property type
    Commercial real estate

    Description

    Multiple residential land parcels are available for auction in Yadkin County, North Carolina. These properties, located in Yadkinville and Jonesville, offer a range of lot sizes, from approximately 0.17 acres to nearly 10 acres. Specific addresses include 1120 Butler Rd, Rockford Rd, Catherine Rd, 2239 Governors Ln, Wishon Rd, and Mineral Spgs St. The properties are identified by their parcel IDs and acreage, with details available through the auction platform. This auction presents an opportunity to acquire residential land in a desirable North Carolina location. The auction is online and concludes on December 12, 2024. Detailed property information, including additional photos and current bids, can be found on the auction website. The properties are zoned for residential use and are located in Yadkin County, offering potential for various development opportunities. Interested parties should review all available information before bidding. This is a unique chance to secure residential land in a growing area of North Carolina. All properties are sold as-is.

    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
    Yadkinville
    County
    Yadkin
    State
    North Carolina
    Longitude
    -80.699443
    Latitude
    36.115901

    Comparable in this City

    • $200,000
      1.42 Acres

      Yadkinville Multi-Family Investment Opportunity

      Five rental houses on one property near Hanover Park Winery.
      3004 Rent Rd, Yadkinville, NC 27055
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    • Contact for pricing

      Land For Sale Yadkinville

      Land available in Yadkinville, North Carolina.
      01 Woodridge Ln, Yadkinville, NC 27055
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    • $307,600

      22.29 Acres of HB Land

      22.29+/- acres of land zoned HB in Yadkin County.
      00 Billy Reynolds Rd, Yadkinville, NC 27055
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    • $185,000
      19.33 Acres

      Yadkinville Wooded Acreage Opportunity

      19.33 acres of wooded land with creek in Yadkinville.
      Reavico Farm Rd, Yadkinville, NC 27055
      View Details
    • $54,900
      Pending

      Wooded Acreage in Yadkinville, NC

      1.012 acres of wooded land ready for custom home.
      Courtney Huntsville Rd, Yadkinville, NC 27055
      View Details
    • $565,000

      Undeveloped Land Near Yadkinville

      Undeveloped land with public utilities available, near Yadkinville.
      000 S State St, Yadkinville, NC 27055
      View Details

    Similar Nearby for Sale

    • $200,000
      1.42 Acres

      Yadkinville Multi-Family Investment Opportunity

      Five rental houses on one property near Hanover Park Winery.
      3004 Rent Rd, Yadkinville, NC 27055
      View Details
    • Contact for pricing

      Land For Sale Yadkinville

      Land available in Yadkinville, North Carolina.
      01 Woodridge Ln, Yadkinville, NC 27055
      View Details
    • $307,600

      22.29 Acres of HB Land

      22.29+/- acres of land zoned HB in Yadkin County.
      00 Billy Reynolds Rd, Yadkinville, NC 27055
      View Details
    • $185,000
      19.33 Acres

      Yadkinville Wooded Acreage Opportunity

      19.33 acres of wooded land with creek in Yadkinville.
      Reavico Farm Rd, Yadkinville, NC 27055
      View Details
    • $54,900
      Pending

      Wooded Acreage in Yadkinville, NC

      1.012 acres of wooded land ready for custom home.
      Courtney Huntsville Rd, Yadkinville, NC 27055
      View Details
    • $565,000

      Undeveloped Land Near Yadkinville

      Undeveloped land with public utilities available, near Yadkinville.
      000 S State St, Yadkinville, NC 27055
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Vacant Land with Highway Visibility

      3.47 acres of vacant land with HB Zoning.
      6502 Service Rd, Yadkinville, NC 27055
      View Details
    • Contact for pricing
      5,225 SF

      Office Space with Flexible Layout

      Office space available with flexible floor plan and ample parking.
      250 Woodlyn Dr, Yadkinville, NC 27055
      View Details
    • $15 SF/Yr

      Freestanding Retail Building in Yadkinville

      8,320 SF retail building on 1.26 acres for lease.
      619 South State St, Yadkinville, NC 27055
      View Details
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    1120 Butler Rd
    Yadkinville, NC 27055
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    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
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    1120 Butler Rd, Yadkinville, NC, 27055
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