Technical
Financial
Distress signals
Property profile

4338 Calico Rd Lenoir, NC 28645

FOR SALE
Land
Property ID
US53-2047132
1,608 SF 27 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 27-acre property in Lenoir, NC, presents a unique opportunity to acquire a thriving equestrian business. The estate includes a charming 3-bedroom farmhouse and a 3-bedroom mobile home, offering versatile living and rental potential. Five well-maintained horse barns provide ample space for equine residents, complemented by a large workshop/garage for equipment storage. Two outdoor riding arenas cater to equestrian enthusiasts, while the property's proximity to the Blue Ridge Parkway offers additional riding opportunities. Currently operating as Creek Side Stables, the business provides boarding, hay, and tack sales, with significant potential for expansion into lessons, events, or trail rides. The property boasts exceptional hay production, contributing to a self-sustaining operation. A nearby creek provides recreational opportunities like tubing and kayaking. Located in Lenoir, near Caldwell County attractions and amenities, this turnkey operation offers a blend of rural tranquility and convenient access to local services. The asking price includes the land, buildings, and established business. Farm equipment, including tractors, hay equipment, trailers, and more, is available for separate purchase. This is an ideal opportunity for an equestrian enthusiast seeking a profitable and fulfilling lifestyle.

Property profile

Verified
Property type Land
Total area 1,608 SF
Lot 27 ac (1,176,120 SF)
UPID US53-2047132

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Kennel & Boarding Facility Animal Training

Location

4338 Calico Rd Lenoir, NC 28645
Lenoir metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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