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    129 Shermill Ln Troutman, NC 28166

    • Commercial real estate
    • 13.42 lot acres
    For Sale
    View listing
    $1,100,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-1738453
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 129 Shermill Ln

    Lot size
    13.42 lot acres
    Property type
    Commercial real estate
    APN
    4741-42-7448, 4741-42-7067, 4741-42-5114

    Description

    This exceptional 13.42-acre property, located at 129-131 Shermill Lane in Troutman, North Carolina, presents a unique investment opportunity. Comprised of three contiguous parcels (APN: 4741-42-7448, 4741-42-7067, 4741-42-5114), this land boasts convenient access to Highway 21 and Interstate 77, placing it within a rapidly developing area. The property is zoned RS, allowing for various uses, making it suitable for a mini-estate, horse farm, or potential development projects. Its significant size and strategic location offer considerable potential for future growth and appreciation. City water and sewer services are readily available, adding to the property's appeal and practicality. The asking price for this remarkable land is $1,100,000. This is a rare chance to acquire a substantial parcel in a thriving North Carolina community. Don't miss this opportunity to own a piece of Iredell County's promising future.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Troutman
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.8700443
    Latitude
    35.6924623

    Comparable in this City

    • $995,000
      14.26 Acres

      Troutman Land with Highway Frontage

      14.258 acres near I-77, ideal for residential or equestrian use.
      129-131 Shermill Ln, Troutman, NC 28166
      View Details
    • $70,000
      2.78 Acres

      Wooded Land Near Charlotte

      2.78 acre wooded property near Troutman and Mooresville.
      Carlyle Rd, Troutman, NC 28166
      View Details
    • New
      $85,000
      0.35 Acres

      Residential Lot in Growing Troutman

      Spacious lot for custom home in desirable Troutman location.
      340 Field Dr, Troutman, NC 28166
      View Details
    • $155,000
      0.70 Acres

      Residential Land in Troutman, NC

      Pristine 0.7-acre lot in a new, accessible neighborhood.
      134 Honeycutt Rd, Troutman, NC 28166
      View Details
    • $200,000
      2.84 Acres

      Troutman Acreage Bordering ESC Park

      Wooded 2.84-acre land with stream, convenient location, development potential.
      Bradburn St, Troutman, NC 28166
      View Details
    • $2,290,000
      5.50 Acres

      Troutman Land Near County Facilities

      Almost 6 acres in Troutman near rec center and fairgrounds.
      694 N Main St, Troutman, NC 28166
      View Details

    Similar Nearby for Sale

    • $995,000
      14.26 Acres

      Troutman Land with Highway Frontage

      14.258 acres near I-77, ideal for residential or equestrian use.
      129-131 Shermill Ln, Troutman, NC 28166
      View Details
    • $70,000
      2.78 Acres

      Wooded Land Near Charlotte

      2.78 acre wooded property near Troutman and Mooresville.
      Carlyle Rd, Troutman, NC 28166
      View Details
    • New
      $85,000
      0.35 Acres

      Residential Lot in Growing Troutman

      Spacious lot for custom home in desirable Troutman location.
      340 Field Dr, Troutman, NC 28166
      View Details
    • $155,000
      0.70 Acres

      Residential Land in Troutman, NC

      Pristine 0.7-acre lot in a new, accessible neighborhood.
      134 Honeycutt Rd, Troutman, NC 28166
      View Details
    • $200,000
      2.84 Acres

      Troutman Acreage Bordering ESC Park

      Wooded 2.84-acre land with stream, convenient location, development potential.
      Bradburn St, Troutman, NC 28166
      View Details
    • $2,290,000
      5.50 Acres

      Troutman Land Near County Facilities

      Almost 6 acres in Troutman near rec center and fairgrounds.
      694 N Main St, Troutman, NC 28166
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      53,000 SF

      Troutman Retail Center Investment

      Prime Food Lion-anchored center, 15 suites available.
      1127 Charlotte Hwy, Troutman, NC 28166
      View Details
    • Contact for pricing

      2.6 Acres Near I-77 Exit

      2.6 acres for ground lease near I-77 in Troutman.
      S Main St, Troutman, NC 28166
      View Details
    • $225,625
      242,978 SF

      Troutman Commercial Land Opportunity

      Almost 6 acres in the heart of Troutman, North Carolina.
      694 N Main St, Troutman, NC 28166
      View Details
    • $5 SF/Yr
      301,000 SF

      Distribution Facility in Iredell County

      301,000 SF distribution facility with easy highway access.
      279 Old Murdock Rd, Troutman, NC 28166
      View Details
    • $7 SF/Yr
      14,400 SF

      Troutman Heavy Industrial Facility

      14,400 sq ft industrial building for lease in Troutman, NC.
      344 Field Dr, Troutman, NC 28166
      View Details
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    Troutman, NC 28166
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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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