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    14004 Elm St Stanfield, NC 28163
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    14004 Elm St Stanfield, NC 28163

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    • Commercial real estate
    For Sale
    $1,250,000
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    Stanfield Land with Development Potential For Sale
    $1,250,000
    1,790 SF

    Stanfield Land with Development Potential

    12.43+/- acres near Stanfield, NC, suitable for commercial development.

    14004 Elm Street, Stanfield, NC 28163
    View Listing
    Property ID
    US53-1581783
    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 14004 Elm St

    Property type
    Commercial real estate

    Description

    This exceptional 12.43-acre property in Stanfield, North Carolina, presents a remarkable investment opportunity. Located at the corner of Elm and Big Lick Roads, this land offers high visibility and accessibility. The property includes a 1,790 square foot brick house built in 1948, which is being sold "as is" and carries no value in the asking price; the value lies solely in the land itself. The land will require a survey to be separated from a larger parcel. Public water and sewer lines run adjacent to the property, though connection will necessitate approval from the City of Stanfield and associated tap fees. Three-phase electric service is readily available at the roadside. This location is ideal for a variety of commercial ventures, such as a convenience store or gas station, but would require rezoning for commercial use. The property is situated outside the city limits of Stanfield. Please note that access to the property is strictly by appointment only; there is no signage on-site. A map detailing the acreage to be surveyed is available upon request. This is a prime opportunity for an astute investor seeking a strategically located parcel with significant development potential. The asking price for this exceptional property is $1,250,000.

    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
    Stanfield
    County
    Stanly
    State
    North Carolina
    Longitude
    -80.406781
    Latitude
    35.2414739

    Comparable in this City

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    • $1,250,000

      Stanfield Land with Development Potential

      12.43+/- acres near Stanfield, NC, suitable for commercial development.
      14004 Elm St, Stanfield, NC 28163
      View Details
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      Stanfield NC Land For Sale

      1.75 acre lot in downtown Stanfield, North Carolina.
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      Stanfield Land for Development

      Land in fast-growing area, suitable for development.
      201 Oak St, Stanfield, NC 28163
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    • $1,250,000

      Stanfield Land with Development Potential

      12.43 acre commercial land parcel in Stanfield, North Carolina.
      14004 Elm St, Stanfield, NC 28163
      View Details

    Similar Nearby for Sale

    • New
      $425,000
      2.42 Acres

      Stanfield Land with Second Living Quarters

      2.42-acre property with a second living quarters and garage.
      12141 Coyle Rd, Stanfield, NC 28163
      View Details
    • $1,250,000

      Stanfield Land with Development Potential

      12.43+/- acres near Stanfield, NC, suitable for commercial development.
      14004 Elm St, Stanfield, NC 28163
      View Details
    • $135,000
      1.75 Acres

      Stanfield NC Land For Sale

      1.75 acre lot in downtown Stanfield, North Carolina.
      W Stanly St, Stanfield, NC 28163
      View Details
    • $795,000

      Stanfield Land for Development

      Land in fast-growing area, suitable for development.
      201 Oak St, Stanfield, NC 28163
      View Details
    • $1,250,000

      Stanfield Land with Development Potential

      12.43 acre commercial land parcel in Stanfield, North Carolina.
      14004 Elm St, Stanfield, NC 28163
      View Details
    View Listing
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    Stanfield, NC 28163
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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.

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