Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings
    (910) 603-5300
    Web Site
    Size: 10+ agents

    Agents

    Service Locations

    Property Types

    • Land

    Listings

    For Sale (34)

    View map
    Vacant Land in Southern Pines
    $165,000
    0.75 Acres

    Vacant Land in Southern Pines

    Commercial land for sale in a growing Southern Pines corridor.

    375 Rothney Ave, Southern Pines, NC 28387
    View details
    Southern Pines Commercial Land Opportunity
    $165,000
    0.75 Acres

    Southern Pines Commercial Land Opportunity

    Commercial land for sale in a growing Southern Pines market.

    375 Rothney Ave, Southern Pines, NC 28387
    View details
    Pinehurst Wooded Lot For Sale
    $80,000
    0.31 Acres

    Pinehurst Wooded Lot For Sale

    0.31-acre wooded lot near Pinehurst Village and Country Club.

    275 Canter Ln, Pinehurst, NC 28374
    View details
    Vass, NC Acreage Land
    $456,000
    22.80 Acres

    Vass, NC Acreage Land

    Acreage lots in private farm development, Vass, North Carolina.

    605 Fortis Farm Rd, Vass, NC 28394
    View details
    Vass, NC Acreage Land
    $408,960
    22.72 Acres

    Vass, NC Acreage Land

    Land with acreage in private farm development.

    610 Fortis Farm Rd, Vass, NC 28394
    View details
    Wooded Lot in Vass, NC
    Contact for pricing
    0.16 Acres

    Wooded Lot in Vass, NC

    0.16-acre wooded lot near downtown Vass, NC.

    Lincoln Ave, Vass, NC 28394
    View details
    Cameron, NC Buildable Lot
    $32,000
    0.84 Acres

    Cameron, NC Buildable Lot

    Buildable lot near Vass and Fort Bragg.

    257 Lakeview Ln, Cameron, NC 28326
    View details
    Southern Pines Commercial Land Opportunity
    $165,000
    0.73 Acres

    Southern Pines Commercial Land Opportunity

    Vacant land in growing corridor near US 1.

    375 Rothney Ave, Southern Pines, NC 28387
    View details
    Residential Lot Near Pinehurst Village
    $75,000
    0.79 Acres

    Residential Lot Near Pinehurst Village

    0.79-acre lot near shops, restaurants, and golf courses.

    180 Richmond St, West End, NC 27376
    View details
    Wooded Lot in Gated Community
    Contact for pricing
    0.74 Acres

    Wooded Lot in Gated Community

    0.74 acre wooded lot in Woodlake community, Vass, NC.

    852 Hudsonia Dr, Vass, NC 28394
    View details
    Southern Pines Vacant Land Opportunity
    $59,900
    0.98 Acres

    Southern Pines Vacant Land Opportunity

    Nearly 1-acre lot in desirable Southern Pines, NC.

    Stephanie St, Southern Pines, NC 28387
    View details
    Cleared Homesite in Fairmont, NC
    $40,000
    2.60 Acres

    Cleared Homesite in Fairmont, NC

    Cleared, flat 2.6-acre lot ready for mobile or modular home.

    2326 Progressive Farm Rd, Fairmont, NC 28340
    View details
    Rockingham Buildable Land Parcel
    Contact for pricing
    2.38 Acres

    Rockingham Buildable Land Parcel

    Buildable land in Rockingham with lake access and amenities.

    267 Riverhills Trl, Rockingham, NC 28379
    View details
    Vass, NC Land Opportunity
    $216,711
    10.89 Acres

    Vass, NC Land Opportunity

    10.89 acres in Vass, NC with creek frontage.

    Mcgill Rd, Vass, NC 28394
    View details
    Vass, NC Wooded Land
    $304,868
    15.32 Acres

    Vass, NC Wooded Land

    15.32 acres of private, wooded land in Vass, NC.

    Mcgill Rd, Vass, NC 28394
    View details
    Pinehurst Land for Custom Home
    $125,000
    0.45 Acres

    Pinehurst Land for Custom Home

    Half-acre lot in Village Acres, ideal for custom home.

    16 Moore Dr, Pinehurst, NC 28374
    View details
    6.5 Acres Wooded Land Parcel
    $162,500
    6.50 Acres

    6.5 Acres Wooded Land Parcel

    Wooded 6.5-acre parcel with pond access in Cameron, NC.

    Mclauchlin Rd, Cameron, NC 28326
    View details
    Residential Lot in Gated Community
    Contact for pricing
    0.65 Acres

    Residential Lot in Gated Community

    0.65 acre lot in Carolina Equestrian Village, Carthage, NC.

    51 A, Carthage, NC 28327
    View details
    Expansive Land in McLendon Hills
    $175,000
    3.52 Acres

    Expansive Land in McLendon Hills

    3.5-acre homesite in amenity-rich equestrian community near Pinehurst.

    265 Broken Ridge Trl, West End, NC 27376
    View details
    Vass, NC Commercial Land
    $450,000
    2.00 Acres

    Vass, NC Commercial Land

    Prime commercial land in a rapidly growing Moore County corridor.

    5125 Us 1 Hwy, Vass, NC 28394
    View details
    Vass, NC Development Land
    $269,500
    2.40 Acres

    Vass, NC Development Land

    2.4 acres of land suitable for residential or commercial development.

    5029 Us Highway 1, Vass, NC 28394
    View details
    Commercial Land in Vass, NC
    $325,000
    1.99 Acres

    Commercial Land in Vass, NC

    Prime commercial property in a growing area with multiple uses.

    5115 Us Highway 1, Vass, NC 28394
    View details
    Residential Land in Seven Lakes
    $90,000
    0.79 Acres

    Residential Land in Seven Lakes

    Wooded lot in gated community with amenities near Pinehurst.

    102 Brecon Ct, West End, NC 27376
    View details
    Land For Sale, Vass, NC
    $50,000
    0.60 Acres

    Land For Sale, Vass, NC

    Commercial land available for sale in Vass, North Carolina.

    1211 Laurel Cir, Vass, NC 28394
    View details
    Pond-Front Lot in Gated Community
    $60,000
    0.21 Acres

    Pond-Front Lot in Gated Community

    0.21 acre lot with water and sewer access.

    846 Greenbriar Dr, Vass, NC 28394
    View details
    Buildable Lot in Cameron, NC
    $32,000
    0.84 Acres

    Buildable Lot in Cameron, NC

    Almost one acre homesite ready for your vision.

    257 Lakeview Ln, Cameron, NC 28326
    View details
    Wooded Lots in Vass, NC
    $75,000
    5.25 Acres

    Wooded Lots in Vass, NC

    Two wooded lots totaling 5.25 acres in Vass, NC.

    Robinson Ln, Vass, NC 28394
    View details
    Commercial Land in Vass, NC
    $500,000
    4.00 Acres

    Commercial Land in Vass, NC

    Prime commercial property in a growing area with multiple uses.

    5105 Us Highway 1, Vass, NC 28394
    View details
    Cameron, NC Land with Stables
    $514,000
    31.50 Acres

    Cameron, NC Land with Stables

    31.5-acre property with stables, pond, and water access.

    Cypress Church Rd, Cameron, NC 28326
    View details
    Cameron, NC Wooded Land
    $200,000
    13.04 Acres

    Cameron, NC Wooded Land

    13.04 acres of wooded land with utilities available.

    Line Rd, Cameron, NC 28326
    View details
    Vass, NC Land Opportunity
    $185,000

    Vass, NC Land Opportunity

    10.03 acre lot perfect for rural retreat.

    7 Mcgill Rd, Vass, NC 28394
    View details
    Vass, NC Wooded Land
    $304,868

    Vass, NC Wooded Land

    15.32 acres of private, wooded land in Vass, NC.

    4 Mcgill Rd, Vass, NC 28394
    View details
    Vass, NC Land Opportunity
    $188,232

    Vass, NC Land Opportunity

    10.23 acres in Vass, NC, suitable for rural retreat.

    6 Mcgill Rd, Vass, NC 28394
    View details
    Commercial Land Ready For Redevelopment
    $165,000

    Commercial Land Ready For Redevelopment

    Vacant land parcel for redevelopment in high-growth market.

    375 Rothney Ave, Southern Pines, NC 28387
    View details

    Leases and Sales on Map

    • For Sale

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    Keller Williams Realty Pinehurst
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Keller Williams Realty Pinehurst
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!