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    For Sale (28)

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    Waterfront Land in Historic Bath
    $160,000
    3.13 Acres

    Waterfront Land in Historic Bath

    3-acre waterfront homesite with community boat ramp access.

    92 Hwy E, Bath, NC 27808
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    Waterfront Land in Historic Bath
    $145,000
    2.89 Acres

    Waterfront Land in Historic Bath

    Approximately 3-acre homesite in waterfront community with boat ramp.

    92 Hwy E, Bath, NC 27808
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    Waterfront Land in Historic Bath
    $100,000
    2.91 Acres

    Waterfront Land in Historic Bath

    Approximately 3-acre homesite with water access and community boat ramp.

    92 Hwy E, Bath, NC 27808
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    Waterfront Land in Historic Bath
    $160,000
    2.88 Acres

    Waterfront Land in Historic Bath

    Approximately 3-acre homesite in waterfront community with boat ramp.

    92 Hwy E, Bath, NC 27808
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    Waterfront Homesite in Historic Bath
    $145,000
    2.75 Acres

    Waterfront Homesite in Historic Bath

    Approximately 3-acre homesite with water access and community boat ramp.

    92 Hwy E, Bath, NC 27808
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    Waterfront Land in Historic Bath
    $155,000
    3.04 Acres

    Waterfront Land in Historic Bath

    3-acre waterfront homesite with community boat ramp access.

    92 Hwy E, Bath, NC 27808
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    Waterfront Land Homesite Opportunity
    $195,000
    2.58 Acres

    Waterfront Land Homesite Opportunity

    Waterfront homesite with community boat ramp and equestrian potential.

    92 Hwy E, Bath, NC 27808
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    Waterfront Land in Historic Bath
    $200,000
    3.16 Acres

    Waterfront Land in Historic Bath

    3+ acre homesite with community boat ramp access.

    92 Hwy E, Bath, NC 27808
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    Waterfront Land on Pungo Creek
    $99,900
    6.14 Acres

    Waterfront Land on Pungo Creek

    6.14-acre waterfront lot on Pungo Creek near Belhaven, NC.

    lot 6 6A Cedar Ln, Belhaven, NC 27810
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    Waterfront Lot in Historic Bath
    $365,000
    0.11 Acres

    Waterfront Lot in Historic Bath

    Rare waterfront lot with deep water access and paid tap fees.

    119 S Main St, Bath, NC 27808
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    Washington, NC Land For Sale
    $149,900
    5.43 Acres

    Washington, NC Land For Sale

    Approximately 5 acres of land with road frontage.

    Flanders Filter Rd, Washington, NC 27889
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    Waterfront Land in Washington, NC
    $499,000
    2.02 Acres

    Waterfront Land in Washington, NC

    Rare waterfront land with development potential in a historic river town.

    Us 17 Hwy, Washington, NC 27889
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    Belhaven Land Investment Opportunity
    Contact for pricing
    0.68 Acres

    Belhaven Land Investment Opportunity

    Three parcels of land near downtown and waterfront in Belhaven.

    414 Railroad St, Belhaven, NC 27810
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    Wooded Homesite in Country Club Estates
    $58,000
    0.60 Acres

    Wooded Homesite in Country Club Estates

    Wooded homesite in established neighborhood near golf and waterfront.

    W Fairway Dr, Washington, NC 27889
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    Belhaven, NC Residential Land
    Contact for pricing
    0.14 Acres

    Belhaven, NC Residential Land

    Affordable land parcel suitable for mobile or modular home.

    372 W Pantego St, Belhaven, NC 27810
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    Robersonville, NC Country Lot
    Contact for pricing
    0.69 Acres

    Robersonville, NC Country Lot

    0.69 acre lot ideal for investment or building.

    6688 Hassell Rd, Robersonville, NC 27871
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    Wooded Lot in Waterfront Community
    Contact for pricing
    0.67 Acres

    Wooded Lot in Waterfront Community

    Wooded lot in waterfront community with amenities and boat slip.

    Tupelo Ln, Washington, NC 27889
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    Landlocked Lot Zoned for Business
    Contact for pricing
    0.04 Acres

    Landlocked Lot Zoned for Business

    Landlocked commercial lot suitable for small business with access easement.

    Gladden St S, Washington, NC 27889
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    34.3 Acres in Washington County
    $199,000
    34.30 Acres

    34.3 Acres in Washington County

    34.3-acre parcel with cleared and wooded areas near Plymouth, NC.

    Mcnair Rd, Plymouth, NC 27962
    View details
    34.71 Acres Zoned RA20
    $349,900
    34.71 Acres

    34.71 Acres Zoned RA20

    34.71 acre corner parcel zoned RA20 in Greenville, NC.

    Fleming School Rd, Greenville, NC 27834
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    Unrestricted Land in Pinetown Area
    $53,000
    3.31 Acres

    Unrestricted Land in Pinetown Area

    3+ acres of wooded, unrestricted land in Pinetown, NC.

    32 Hwy N, Plymouth, NC 27962
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    Residential Land Homesite Opportunity
    $53,000
    3.50 Acres

    Residential Land Homesite Opportunity

    3.5 acre homesite ready for new construction in Plymouth.

    Nc 32, Plymouth, NC 27962
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    Waterfront Land on Pungo Creek
    $119,000
    1.89 Acres

    Waterfront Land on Pungo Creek

    Two adjoining waterfront lots in Winfield Estates, Belhaven, NC.

    lot 93 & 93A Winfield Ln, Belhaven, NC 27810
    View details
    Commercial Land in Washington, NC
    $825,000
    1.49 Acres

    Commercial Land in Washington, NC

    1.49 acres of commercial land ready for development.

    1328 Carolina Ave, Washington, NC 27889
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    Wooded Land Near Washington, NC
    $210,000
    18.85 Acres

    Wooded Land Near Washington, NC

    18.85 acre wooded tract near Washington, NC.

    Keysville Rd, Washington, NC 27889
    View details
    Prime Washington, NC Land Opportunity
    $149,900
    5.43 Acres

    Prime Washington, NC Land Opportunity

    5.43 Acres, Ideal for Development

    Flanders Filters Rd, Washington, NC 27889
    View details
    Two-Story Brick Building in Lewiston
    $85,000
    1,820 SF

    Two-Story Brick Building in Lewiston

    Two-story brick building in Lewiston with business and residential potential.

    108 S Main St, Lewiston, NC 27849
    View details
    Versatile Commercial Building in Greenville
    $185,000
    1,776 SF

    Versatile Commercial Building in Greenville

    Commercial building suitable for various uses in a residential area.

    1117 W 3Rd St, Greenville, NC 27834
    View details

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    Coldwell Banker Coastal Rivers Realty
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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
    Coldwell Banker Coastal Rivers Realty
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