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    Property profile & analytics

    9029 Stack Rd Colfax, NC 27235

    • Commercial real estate
    • 13.60 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-2062195
    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 9029 Stack Rd

    Lot size
    13.60 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 13.6-acre commercial land parcel presents a compelling investment opportunity in the heart of the Triad region of North Carolina. Located in Colfax, Guilford County, at 9029 & 9034 Stack Road, zip code 27235, this property offers significant potential for development. The land is comprised of two parcels, 7.13 acres and 6.47 acres, providing flexibility for various projects. Currently accessed via Stack Road with connection to Bunker Hill Road, the property boasts potential future access from Piedmont Commerce Center Drive, enhancing its accessibility and desirability. Its strategic location near the intersection of I-40 and Salem Parkway ensures high visibility and convenient access to major transportation arteries. This site is part of a potential larger assemblage of properties east of Piedmont Commerce Park, offering further development possibilities. The asking price for this prime commercial land is $1,626,400. Salem Parkway frontage adds to the property's value and appeal, making it an ideal location for a variety of commercial ventures. Don't miss this chance to acquire a significant piece of land in a rapidly growing area.

    Value Estimations

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colfax
    County
    Guilford
    State
    North Carolina
    Longitude
    -80.0244649
    Latitude
    36.099373

    Comparable in this City

    • $450,000

      Colfax Land For Sale

      Two parcels totaling approximately 2.1 acres in Colfax, NC.
      102 Bunker Hill Rd, Colfax, NC 27235
      View Details
    • $1,200,000

      Land Parcel Behind School

      Land parcel located behind a school in Colfax, NC.
      9078 W Market St, Colfax, NC 27235
      View Details
    • $2,500,000

      Corner Lot Near I-40 Interchange

      3.01 acre corner lot near I-40 interchange.
      3208-3210 Sandy Ridge Rd, Colfax, NC 27235
      View Details
    • $300,000

      Colfax Vacant Land Opportunity

      8.86 acres of land near the highway in Colfax.
      425 S Bunker Hill Rd, Colfax, NC 27235
      View Details
    • $2,000,000
      7.22 Acres

      Sandy Ridge Rd Commercial Land

      7.22 Acres, Ideal Airport Location
      3308 Sandy Ridge Rd, Colfax, NC 27235
      View Details
    • $1,288,000

      Colfax Land Near Airport

      Prime land in Piedmont Triad International Airport Submarket.
      118 Kidd Rd, Colfax, NC 27235
      View Details

    Similar Nearby for Sale

    • $450,000

      Colfax Land For Sale

      Two parcels totaling approximately 2.1 acres in Colfax, NC.
      102 Bunker Hill Rd, Colfax, NC 27235
      View Details
    • $1,200,000

      Land Parcel Behind School

      Land parcel located behind a school in Colfax, NC.
      9078 W Market St, Colfax, NC 27235
      View Details
    • $2,500,000

      Corner Lot Near I-40 Interchange

      3.01 acre corner lot near I-40 interchange.
      3208-3210 Sandy Ridge Rd, Colfax, NC 27235
      View Details
    • $300,000

      Colfax Vacant Land Opportunity

      8.86 acres of land near the highway in Colfax.
      425 S Bunker Hill Rd, Colfax, NC 27235
      View Details
    • $2,000,000
      7.22 Acres

      Sandy Ridge Rd Commercial Land

      7.22 Acres, Ideal Airport Location
      3308 Sandy Ridge Rd, Colfax, NC 27235
      View Details
    • $1,288,000

      Colfax Land Near Airport

      Prime land in Piedmont Triad International Airport Submarket.
      118 Kidd Rd, Colfax, NC 27235
      View Details
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    9029 Stack Rd
    Colfax, NC 27235
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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.

    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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