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    For Sale (29)

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    Spacious Lot in South Mills
    $129,900
    3.33 Acres

    Spacious Lot in South Mills

    3.33-acre partially cleared lot with no deed restrictions.

    220 Horseshoe Rd, South Mills, NC 27976
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    Moyock Commercial Land Opportunity
    $795,000
    2.56 Acres

    Moyock Commercial Land Opportunity

    Prime commercial land in growing Currituck County, North Carolina.

    320 Survey Rd, Moyock, NC 27958
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    Waterfront Lot in Hertford, NC
    $30,000
    2.15 Acres

    Waterfront Lot in Hertford, NC

    Corner lot with water views and community amenities.

    Blue Heron Blvd, Hertford, NC 27944
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    Residential Land in Hertford, NC
    $37,500
    2.93 Acres

    Residential Land in Hertford, NC

    Residential land for sale in The Shores at Land's End.

    Willet Way, Hertford, NC 27944
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    Waterfront Community Land in Edenton
    Contact for pricing
    0.50 Acres

    Waterfront Community Land in Edenton

    Land in gated waterfront community near downtown Edenton, North Carolina.

    232 Winfall Cir, Edenton, NC 27932
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    Riverside Vacant Lot in Elizabeth
    $110,000
    0.34 Acres

    Riverside Vacant Lot in Elizabeth

    Vacant lot in desirable waterfront community near downtown Elizabeth.

    1009 Rivershore Rd, Elizabeth City, NC 27909
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    Prime Commercial Land Opportunity, Moyock
    $1,299,950
    24.12 Acres

    Prime Commercial Land Opportunity, Moyock

    24.16-acre commercial land in high-growth Moyock, North Carolina.

    Tulls Creek Rd, Moyock, NC 27958
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    Cleared Land on Highway 17
    $199,000
    4.00 Acres

    Cleared Land on Highway 17

    4-acre commercial land parcel on Highway 17 in Elizabeth City.

    912 Berea Church Rd, Elizabeth City, NC 27909
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    Riversound Corner Lot Opportunity
    $49,900
    2.90 Acres

    Riversound Corner Lot Opportunity

    Corner lot in gated waterfront community near historic Edenton.

    273 Riversound Dr, Edenton, NC 27932
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    Residential Lot in Corapeake, NC
    Contact for pricing
    0.74 Acres

    Residential Lot in Corapeake, NC

    0.74-acre lot zoned for single family residential use.

    Brinkley Rd, Corapeake, NC 27926
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    Moyock Commercial Land For Sale
    $828,000
    4.14 Acres

    Moyock Commercial Land For Sale

    Prime commercial land in growing Moyock, North Carolina.

    Survey Rd, Moyock, NC 27958
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    Moyock Commercial Land Opportunity
    $824,000
    4.12 Acres

    Moyock Commercial Land Opportunity

    Prime commercial land in growing Moyock, North Carolina.

    Survey Rd, Moyock, NC 27958
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    Currituck Land with Development Potential
    $2,000,000
    43.00 Acres

    Currituck Land with Development Potential

    43-acre Currituck land plot zoned for commercial and residential use.

    003 Caratoke Hwy, Currituck, NC 27929
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    Edenton, NC Land Opportunity
    $184,500
    18.00 Acres

    Edenton, NC Land Opportunity

    18 acres of raw land suitable for development or country living.

    204 Whitemon Ln, Edenton, NC 27932
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    Prime General-Zoned Property in Moyock
    $3,180,900
    23.32 Acres

    Prime General-Zoned Property in Moyock

    23+ acres in Moyock, NC, with high visibility.

    Caratoke Hwy, Moyock, NC 27958
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    Tyner Land with Creek Access
    $150,000
    5.17 Acres

    Tyner Land with Creek Access

    5.17 acres with creek access and rental income potential.

    419 Cannons Ferry Rd, Tyner, NC 27980
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    Commercial Land on Highway 17
    $199,000
    4.00 Acres

    Commercial Land on Highway 17

    4-acre commercial land parcel on Highway 17 in Elizabeth City.

    912 Berea Church Rd, Elizabeth City, NC 27909
    View details
    South Mills Acreage for Sale
    $169,900
    10.01 Acres

    South Mills Acreage for Sale

    10.01 acre lot in a quiet rural area.

    Rd South, South Mills, NC 27976
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    South Mills Land For Sale
    $179,900
    10.01 Acres

    South Mills Land For Sale

    10.01-acre lot with 4.73 acres cleared in South Mills.

    343 Hwy N, South Mills, NC 27976
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    Waterfront Community Double Lot
    Contact for pricing
    0.25 Acres

    Waterfront Community Double Lot

    Double lot in waterfront community with private beach access.

    305/307 Yakima Trl, Edenton, NC 27932
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    Expansive Land Parcel in Moyock
    $289,000
    59.50 Acres

    Expansive Land Parcel in Moyock

    59.5 acre agricultural land with development potential in Moyock.

    Poyners Rd, Moyock, NC 27958
    View details
    Waterfront Land in Holiday Island
    Contact for pricing
    0.22 Acres

    Waterfront Land in Holiday Island

    Vacant lot with water access in waterfront community.

    Pirate Cove Way, Hertford, NC 27944
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    Residential Lot in Waterfront Community
    Contact for pricing
    0.26 Acres

    Residential Lot in Waterfront Community

    Wooded lot in a vibrant waterfront community with amenities.

    Dogwood Dr, Hertford, NC 27944
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    Residential Land in Gated Community
    $54,000
    0.48 Acres

    Residential Land in Gated Community

    Land in gated community with amenities near historic Edenton, NC.

    449 Riversound Dr, Edenton, NC 27932
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    Hertford Waterfront Land For Sale
    $85,000
    3.00 Acres

    Hertford Waterfront Land For Sale

    3-acre canal-front lot with community amenities in Hertford, NC.

    113 Sandpiper Dr, Hertford, NC 27944
    View details
    Residential Lot in Waves, NC
    $175,000
    0.19 Acres

    Residential Lot in Waves, NC

    Residential lot in Waves, NC, ideal for coastal living.

    25226 Sea Isle Hills Dr, Waves, NC 27982
    View details
    Shawboro, NC Land Opportunity
    $199,500
    10.70 Acres

    Shawboro, NC Land Opportunity

    10.7 acres of wooded land in Currituck County, North Carolina.

    500 East Ridge Rd, Shawboro, NC 27973
    View details
    Commercial Land on US Hwy 17
    $150,000
    1.40 Acres

    Commercial Land on US Hwy 17

    Corner commercial property with road frontage and available utilities.

    N Road St, Elizabeth City, NC 27909
    View details
    Arrowhead Beach Double Lot
    Contact for pricing
    0.13 Acres

    Arrowhead Beach Double Lot

    Double lot in Arrowhead Beach community, near downtown Edenton.

    131 Powhatan Trl, Edenton, NC 27932
    View details

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    Berkshire Hathaway HomeServices RW Towne Realty/Moyock
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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.

    More about this property
    Berkshire Hathaway HomeServices RW Towne Realty/Moyock
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