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    For Sale (31)

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    Cleared Lot in Enfield, NC
    $52,000
    0.69 Acres

    Cleared Lot in Enfield, NC

    Cleared commercial lot on a main thoroughfare in Enfield.

    200 N Mcdaniel St, Enfield, NC 27823
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    Residential Lot in Lake Gaston
    Contact for pricing
    0.50 Acres

    Residential Lot in Lake Gaston

    Half-acre residential lot with community Lake Gaston access.

    166 Mariner Ct, Macon, NC 27551
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    Prime Commercial Land Opportunity
    $299,999
    1.72 Acres

    Prime Commercial Land Opportunity

    1.7 acres of high-visibility land in Roanoke Rapids, NC.

    1611 E 10Th St, Roanoke Rapids, NC 27870
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    Residential Lot in Roanoke Rapids
    Contact for pricing
    0.38 Acres

    Residential Lot in Roanoke Rapids

    Residential lot near I-95 and Roanoke Rapids Lake.

    39 Green Ash Ct, Roanoke Rapids, NC 27870
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    Residential Land in Roanoke Rapids
    Contact for pricing
    0.47 Acres

    Residential Land in Roanoke Rapids

    Residential land near I-95, Roanoke Rapids Lake, shopping, and medical.

    40 Green Ash Ct, Roanoke Rapids, NC 27870
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    Commercial Land on Hwy 158
    $40,000
    0.35 Acres

    Commercial Land on Hwy 158

    Commercial land with high visibility and traffic exposure on Hwy 158.

    Us Highway 158, Roanoke Rapids, NC 27870
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    Residential Lot in Roanoke Rapids
    Contact for pricing
    0.51 Acres

    Residential Lot in Roanoke Rapids

    Half-acre residential building lot in Roanoke Rapids Graded School District.

    Canterbury Ct, Roanoke Rapids, NC 27870
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    Commercial Lot in Roanoke Rapids
    $525,000
    1.00 Acre

    Commercial Lot in Roanoke Rapids

    Commercial land suitable for restaurant, hotel, or other businesses.

    Carolina Crossroad Pkwy, Roanoke Rapids, NC 27870
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    Commercial Lot Near Carolina Crossroads
    $525,000
    1.00 Acre

    Commercial Lot Near Carolina Crossroads

    Commercial lot suitable for restaurant, hotel, or other businesses.

    Carolina Crossroad Pkwy, Roanoke Rapids, NC 27870
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    Residential Land in Roanoke Rapids
    Contact for pricing
    0.30 Acres

    Residential Land in Roanoke Rapids

    Residential land near I-95, Roanoke Rapids Lake, shopping, and medical.

    38 Green Ash Ct, Roanoke Rapids, NC 27870
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    Secluded Northampton County Acreage
    $79,900
    18.06 Acres

    Secluded Northampton County Acreage

    18.06 acres of woodlands with investment potential.

    lot -18Acre Grant Dr, Conway, NC 27820
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    Residential Land in Pleasant Hill
    Contact for pricing
    1.50 Acres

    Residential Land in Pleasant Hill

    1.5 acre wooded lot near I-95 in Pleasant Hill.

    Joe True Ln, Pleasant Hill, NC 27866
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    Waterfront Corner Lot in Littleton
    $99,900
    0.60 Acres

    Waterfront Corner Lot in Littleton

    Waterfront corner lot in Cedar Pointe, Lake Gaston, North Carolina.

    Cedar Pointe Ln, Littleton, NC 27850
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    Residential Land in Roanoke Rapids
    Contact for pricing
    0.30 Acres

    Residential Land in Roanoke Rapids

    Residential land with convenient access to amenities and recreational activities.

    62 Hickory Cir, Roanoke Rapids, NC 27870
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    Roanoke Rapids Investment Property
    $199,900
    5,775 SF

    Roanoke Rapids Investment Property

    Commercial building with five units and parking lot.

    15 E 11Th St, Roanoke Rapids, NC 27870
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    Residential Land in Roanoke Rapids
    Contact for pricing
    0.30 Acres

    Residential Land in Roanoke Rapids

    Residential land near I-95, Roanoke Rapids Lake, shopping, and medical.

    63 Hickory Cir, Roanoke Rapids, NC 27870
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    Land in Rich Square, NC
    Contact for pricing
    0.23 Acres

    Land in Rich Square, NC

    Land available for commercial or residential use in Rich Square.

    705 S Main St, Rich Square, NC 27869
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    Residential Lot Ready to Build
    Contact for pricing
    0.40 Acres

    Residential Lot Ready to Build

    Cleared residential lot near I-95, medical facilities, shopping, restaurants.

    75 Winterberry Ln, Roanoke Rapids, NC 27870
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    Residential Land in Roanoke Rapids
    Contact for pricing
    0.36 Acres

    Residential Land in Roanoke Rapids

    Residential land near I-95, Roanoke Rapids Lake, shopping, and medical.

    27 Mulberry Cir, Roanoke Rapids, NC 27870
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    Residential Lot in Littleton, NC
    Contact for pricing
    1.35 Acres

    Residential Lot in Littleton, NC

    1.35 acre residential lot with septic permit.

    Nc Highway 48, Littleton, NC 27850
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    Land in Jackson, NC
    $80,000
    22.41 Acres

    Land in Jackson, NC

    Land for home, hunting, farming, or residential development.

    Bryantown Rd, Jackson, NC 27845
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    33 Acres Near Enfield
    $150,000
    33.00 Acres

    33 Acres Near Enfield

    33 acres ready to farm or develop near Enfield, NC.

    0400784 Thirteen Bridges Rd, Enfield, NC 27823
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    Residential Lot Near Amphitheater
    $36,500
    0.68 Acres

    Residential Lot Near Amphitheater

    Residential lot near Carolina Crossroads and I-95.

    P1202366 Hwy 125, Roanoke Rapids, NC 27870
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    Prime Commercial Land Opportunity
    $299,999
    1.72 Acres

    Prime Commercial Land Opportunity

    1.7 acres of high-visibility land in Roanoke Rapids, NC.

    1611 E 10Th St, Roanoke Rapids, NC 27870
    View details
    Littleton, NC Land For Sale
    Contact for pricing
    2.00 Acres

    Littleton, NC Land For Sale

    Two acre lot suitable for residential development near Roanoke Rapids.

    Roper Springs Rd, Littleton, NC 27850
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    Cleared Lot in Enfield, NC
    $52,000
    0.69 Acres

    Cleared Lot in Enfield, NC

    Cleared commercial lot on a main thoroughfare in Enfield.

    200 N Mcdaniel St, Enfield, NC 27823
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    Residential Lot Ready For Building
    Contact for pricing
    0.40 Acres

    Residential Lot Ready For Building

    Cleared residential lot near I-95, medical facilities, shopping, restaurants.

    91 Winterberry Ln, Roanoke Rapids, NC 27870
    View details
    Waterfront Land in Gated Community
    $80,000
    4.58 Acres

    Waterfront Land in Gated Community

    4.58 acre waterfront building site near Roanoke Rapids, NC.

    Edgewater Dr, Roanoke Rapids, NC 27870
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    Roanoke Rapids Commercial Opportunity
    $210,000
    2,156 SF

    Roanoke Rapids Commercial Opportunity

    Commercial property near Hwy 158 and I-95 in Roanoke Rapids.

    110 Office Park Dr, Roanoke Rapids, NC 27870
    View details
    Residential Land in Bracey, Virginia
    Contact for pricing
    0.48 Acres

    Residential Land in Bracey, Virginia

    Residential land offering community amenities in Bracey, Virginia.

    Alder Dr, Bracey, VA 23919
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    Roanoke Rapids Commercial Opportunity
    Contact for pricing
    2,156 SF

    Roanoke Rapids Commercial Opportunity

    Commercial property suitable for medical or office use near I-95.

    110 Office Park Dr, Roanoke Rapids, NC 27870
    View details

    Leases and Sales on Map

    • For Sale

    Properties for sale

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    Wilkie Real Estate,Inc.
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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
    Wilkie Real Estate,Inc.
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