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    For Sale (31)

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    75 Acres Near Lake Gaston
    $600,000
    75.72 Acres

    75 Acres Near Lake Gaston

    Investment opportunity: timber, recreation, or development near Lake Gaston.

    Siouan Rd, Ebony, VA 23845
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    Waterfront Lot in Growing Neighborhood
    $80,000
    1.01 Acres

    Waterfront Lot in Growing Neighborhood

    One-acre waterfront lot near public boat ramp and community amenities.

    148 Sail Vw Ln, Macon, NC 27551
    View details
    Water View Lot in Macon
    $50,000
    1.45 Acres

    Water View Lot in Macon

    Level 1.45-acre lot with water view and road access.

    141 Sail Vw Ln, Macon, NC 27551
    View details
    Roanoke Rapids Duplex Investment Opportunity
    $295,000
    1,500 SF

    Roanoke Rapids Duplex Investment Opportunity

    Two side-by-side duplexes with strong rental income potential.

    1203 W 10Th St, Roanoke Rapids, NC 27870
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    Roanoke Rapids Duplex Investment Opportunity
    $295,000
    1,500 SF

    Roanoke Rapids Duplex Investment Opportunity

    Two side-by-side duplexes with income potential in Roanoke Rapids.

    1203 W 10Th St, Roanoke Rapids, NC 27870
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    Kerr Lake Waterfront Dream Lot
    $289,900
    1.85 Acres

    Kerr Lake Waterfront Dream Lot

    1.85-acre Kerr Lake lot with deep-water access.

    402 North Ln Lot 11, Boydton, VA 23917
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    Commercial/Industrial Property in Alberta, VA
    $160,000
    21.36 Acres

    Commercial/Industrial Property in Alberta, VA

    Commercial/Industrial land with road frontage in Alberta, Virginia.

    Main St And Hwy 1, Alberta, VA 23821
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    Lake Gaston Waterfront Land
    $415,000
    1.60 Acres

    Lake Gaston Waterfront Land

    1.6-acre lot with deep water access on Lake Gaston.

    Moss Pt, Gasburg, VA 23857
    View details
    Waterfront Land in Pinnacle Shores
    $150,000
    1.00 Acre

    Waterfront Land in Pinnacle Shores

    Gently sloped waterfront lot near Hawtree Creek Public Boat Ramp.

    234 Sail Vw Ln, Macon, NC 27551
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    Residential Land Near Lake Gaston
    $41,000
    1.97 Acres

    Residential Land Near Lake Gaston

    Wooded lot near Lake Gaston with community boat access.

    Old Hbr Ct Lot 67, Macon, NC 27551
    View details
    Industrial Lot Near Highway Access
    Contact for pricing
    1.02 Acres

    Industrial Lot Near Highway Access

    Industrial-zoned land near town and highways, potential for various uses.

    Lawrenceville Plank Rd, Lawrenceville, VA 23868
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    Boydton, VA Development Opportunity
    $89,000
    4.70 Acres

    Boydton, VA Development Opportunity

    4.7-acre parcel on Hwy 58, ready for development.

    Hwy 58 W, Boydton, VA 23917
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    Residential Lots in Lawrenceville, VA
    Contact for pricing
    1.50 Acres

    Residential Lots in Lawrenceville, VA

    1.5 acre residential land with town utilities available.

    Union St, Lawrenceville, VA 23868
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    Residential Land Parcel with Wooded Area
    $80,000
    1.74 Acres

    Residential Land Parcel with Wooded Area

    Wooded residential parcel with road frontage and an existing abandoned building offering renovation or redevelopment flexibility.

    121 Sally Freeman Rd, Colerain, NC 27924
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    Historic Downtown Warrenton Mixed-Use Building
    $165,000
    0.32 Acres

    Historic Downtown Warrenton Mixed-Use Building

    Charming mixed-use building in historic Warrenton, North Carolina.

    110-116 S Main St, Warrenton, NC 27589
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    Lake Gaston Storage Facility Opportunity
    $1,550,000
    18.33 Acres

    Lake Gaston Storage Facility Opportunity

    Thriving storage business near Lake Gaston with expansion potential.

    9150 Hwy 903, Bracey, VA 23919
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    Residential Lot Near Kerr Lake
    Contact for pricing
    0.50 Acres

    Residential Lot Near Kerr Lake

    Level, perked lot in Rennhaven, near Kerr Lake.

    Nut Bush Dr, Manson, NC 27553
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    Lawrenceville Industrial Lot For Sale
    Contact for pricing
    1.08 Acres

    Lawrenceville Industrial Lot For Sale

    Industrial-zoned land near town and highway access.

    Lawrenceivlle Plank Rd, Lawrenceville, VA 23868
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    Waterfront Land in Warrenton, NC
    $109,900
    2.21 Acres

    Waterfront Land in Warrenton, NC

    Waterfront lot with boathouse in desirable Merrymount neighborhood.

    201 Hawtree Way, Warrenton, NC 27589
    View details
    Lawrenceville Land Parcel For Sale
    Contact for pricing
    2.05 Acres

    Lawrenceville Land Parcel For Sale

    2.05 acre wooded lot with completed perk testing.

    Greentown Dr, Lawrenceville, VA 23868
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    Prime Acreage with Development Potential
    $1,150,000
    147.59 Acres

    Prime Acreage with Development Potential

    147.59 acres in Bracey, VA with highway frontage.

    1376 Hwy 903, Bracey, VA 23919
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    Expansive Land Parcel in South Hill
    $750,000
    75.00 Acres

    Expansive Land Parcel in South Hill

    75-acre parcel in South Hill, VA, ready for development.

    Locust St, South Hill, VA 23970
    View details
    Secluded Land in Brunswick County
    $90,000
    20.09 Acres

    Secluded Land in Brunswick County

    20 acres ideal for recreation, hunting, timber, or homesite.

    Evans Crk Rd Lot, Brodnax, VA 23920
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    Hunting and Timber Land Tract
    $950,000
    250.57 Acres

    Hunting and Timber Land Tract

    Large multi-parcel property with replanted timber, open farmland, and extensive road frontage for private hunting and potential revenue.

    Jones Mill Rd, Emporia, VA 23847
    View details
    Lake Gaston Homesite Opportunity
    $49,900
    1.04 Acres

    Lake Gaston Homesite Opportunity

    One-acre lot in Granite Hall Shores community near Lake Gaston.

    36 Shore Dr, Boydton, VA 23917
    View details
    South Hill Commercial Opportunity
    $3,500,000
    110.70 Acres

    South Hill Commercial Opportunity

    Commercial land with road frontage near Interstate 85 and VCU-CMH.

    N Mecklenburg Ave, South Hill, VA 23970
    View details
    Lake Gaston Waterfront Community Land
    $50,000
    2.71 Acres

    Lake Gaston Waterfront Community Land

    2.71 acre lot in waterfront community near boat ramp.

    217 Sail Vw Ln, Macon, NC 27551
    View details
    Residential Land Parcel With Wooded Privacy
    $80,000
    1.74 Acres

    Residential Land Parcel With Wooded Privacy

    Residentially zoned land with road frontage, mature trees, and an on-site abandoned structure ready for your next plan.

    121 Sally Freeman Rd, Colerain, NC 27924
    View details
    Residential Lot in Amenity-Rich Subdivision
    Contact for pricing
    0.46 Acres

    Residential Lot in Amenity-Rich Subdivision

    Wooded lot with community amenities and Lake Gaston access.

    15 M, Bracey, VA 23919
    View details
    Bracey, VA Vacant Land Parcel
    Contact for pricing

    Bracey, VA Vacant Land Parcel

    6.93 acre commercial/industrial land parcel in Bracey, Virginia.

    000 Golf Dr, Bracey, VA 23919
    View details
    Industrial Lot Near Highway Access
    Contact for pricing

    Industrial Lot Near Highway Access

    Industrial-zoned lot near town and highway access.

    000 Lawrenceville Plank Rd, Lawrenceville, VA 23868
    View details

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    • For Sale

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    eXp Realty, LLC-(Clayton)
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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
    eXp Realty, LLC-(Clayton)
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