Hospitality
Measure existing occupancy, average daily rate, event-related room nights and competing hotel supply. Test economics using existing demand and a separate scenario for announced future attractions.
J & D Real Estate Group, LLC · Buyer resource
A strong vision starts
with the right facts.
A developer’s guide to the Shearin 23 acre offering: the opportunity to investigate, the facts available and the decisions that shape land value.
The land and the asking price.
The Shearin tract is parcel 1202001, PIN 4906-01-16-0415, on Hwy 125 in Halifax County, North Carolina. County records identify approximately 23 acres. The seller’s total asking price is $6,000,000—about $260,870 per county-recorded acre.
The property is a wooded, undeveloped tract near Carolina Crossroads. County GIS indicates Residential-Agricultural zoning. Hospitality and commercial uses are concepts for investigation, subject to jurisdiction, entitlement and site feasibility.
County acreage is not a surveyed development yield. Roads, stormwater facilities, buffers, terrain and environmental constraints may reduce the area available for buildings or saleable pads.
Review the county parcel record ↗Four decisions before a site plan.
1 · Establish boundaries and legal access
Obtain a current boundary survey and title review. Confirm acreage, monuments, road frontage, recorded easements, rights of way and any restrictions. Reconcile the proposed entrance with legal access and the road authority’s driveway requirements.
2 · Confirm zoning jurisdiction and the approval path
Request written confirmation of the governing jurisdiction, current zoning and permitted uses. For an alternative use, identify the rezoning or conditional approval process, submission requirements and public hearing steps. A nearby commercial use does not establish the subject’s entitlement.
3 · Confirm utilities and infrastructure costs
Obtain written water and sewer availability and capacity for the intended use. Identify connection points, extension routes, easements, fees, capacity commitments and the party responsible for upgrades. A nearby utility line does not by itself establish service rights or capacity.
4 · Determine the usable development area
Commission appropriate topographic, drainage, wetland and floodplain review. Coordinate grading, stormwater, parking, setbacks and buffers with a civil engineer. Build the concept around verified constraints rather than gross acreage alone.
Test the concept against the market.
Commercial pads
Evaluate traffic movements, visibility, access permissions, likely tenant demand and absorption. Price each concept after accounting for shared infrastructure and the land needed to support it.
Assemblage
Investigate whether connecting ownership could improve access, utility routing or project layout. Compare the value of that coordination with the cost and execution risk.
Understand residual land value.
A feasible project must cover more than the purchase price. Start with the supportable completed-project value or revenue, then account for construction, site work, off-site improvements, professional fees, financing, carrying costs, contingency and a purchaser’s required profit. The amount remaining informs the land budget.
For example, if only 18.4 acres—an illustrative 80% of the county acreage—were usable, the $6 million ask would equal approximately $326,087 per usable acre. That is a sensitivity calculation, not a determination that 18.4 acres can be developed.
Start with a focused inquiry.
Tell J&D your company, proposed use, acquisition timeline and the information you need to evaluate the site. Request available records and arrange access before visiting. A clear concept helps identify which technical questions need answers first.
The asking price is not an appraisal. No approved development yield, rezoning outcome, utility capacity or investment return is represented. The announced resort is a separate project whose scope and timing may change.
Go deeper
Explore the full buyer guide.
Understand the district, plan your visit and evaluate the development opportunity.
Entertainment and resort guide
Existing venues and announced development.
Read the guide →I-95 and airport access
Air travel options and live district route links.
Read the guide →Roanoke Valley history
The communities and heritage behind the destination.
Read the guide →Development and buyer guide
Zoning, access, utilities and project economics.
Read the guide →Explore the land.
Discuss your vision.
The Shearin 23 acre tract on Hwy 125 is offered at $6,000,000. Request available information, discuss your intended use or arrange a property visit.
Information reviewed October 23, 2026. Verify current venue schedules, travel conditions and project status with the linked sources. External links open third-party websites. Development concepts require independent investigation.