Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    010 Bobby Hope Road Rose Hill, NC 27458

    View on Map
    Claim this Listing
    New
    For Sale
    $350,000

    LAND - Rose Hill, NC

    Lot size:
    161.00 Acres
    Added:
    Apr 23, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 28 at 7:06 am

    Property Features for 010 Bobby Hope Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RA
    Standard status
    Active
    APN
    17064196010
    Lot size
    161.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Parcel ID# 17064196010
    Tax Annual Amount
    418

    We can help!

    Listing Contact
    Sue S Mills
    Sue S Mills

    Listing agent Sue S Mills License #174266

    Listing office Associated Realty of Wallace, Inc 209 E Main Street, Wallace, NC

    Listing date Apr 23, 2026

    MLS# 100569443 Listing URL

    Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    161 Acres in Rose Hill

    This 161-acre property is located on the edge of Duplin and Sampson County. The land has approximately 1,240 feet of road frontage and has remained untouched for approximately 25 years. The property is accessible from Hwy 421, Delway Hwy, and Hwy 903 to the north, and Hwy 41 and Hwy 421 to the south. It is located approximately 30 minutes from Clinton, approximately 45 minutes from Fayetteville or Jacksonville, and approximately 35 minutes from Wilmington via Hwy 421. The property is zoned RA. Potential uses include a private family compound, a hunting preserve, or division into county home sites.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rose Hill
    County
    Duplin
    State
    North Carolina
    Longitude
    -78.208968
    Latitude
    34.801079

    Nearby Similar for Sale

    • $100,000

      Rose Hill Acreage: Ready to Build

      6+ acres in Rose Hill, ready for your dream home.
      6ac Kader Merritt Road, Rose Hill, NC 28458
      View Details
    • $180,000

      Rose Hill Land with Pond

      18-acre Rose Hill land with farmland, woods, and pond.
      18ac Kader Merritt Road, Rose Hill, NC 28458
      View Details
    • $399,900

      Unrestricted Land Ready For You

      Expansive, unrestricted land ideal for investment, recreation, and hunting.
      Doc Brown Road, Rose Hill, NC 27458
      View Details
    • $36,200

      Rose Hill Vacant Land Parcel

      2.48 acre residential land parcel in Rose Hill, NC.
      E Railroad Street, Rose Hill, NC 28458
      View Details
    • $2,275,000

      Large Acreage Land in Rose Hill

      700+/- acre tract with road frontage near Interstate 40.
      700Ac Earl Davis Road, Rose Hill, NC 28458
      View Details
    • $159,900

      Unrestricted Land in Rose Hill

      9+ acres of unrestricted land with road frontage in Rose Hill.
      Corinth Church Road, Rose Hill, NC 28458
      View Details
    • $547,600

      Rose Hill Hunting and Recreation Land

      147+/- acres of managed upland bird habitat near I-40.
      W Magnolia-Lisbon Road, Rose Hill, NC 28458
      View Details
    • $425,000

      Commercial Land Near I-40

      1.04 acres of commercial land with utilities access.
      930 W West Charity Road, Rose Hill, NC 28458
      View Details
    • $2,275,000

      Large Acreage Tract in Rose Hill

      700+/- acre tract with timber and road frontage.
      700 Acres Earl Davis Road, Rose Hill, NC 28458
      View Details
    • $425,000

      Rose Hill Commercial Land Available

      1.04 acres of commercial land with utilities in Rose Hill.
      930 W Charity Road, Rose Hill, NC 28458
      View Details

    FAQs

    What type of property is this?
    Land - Undeveloped 161-acre property with road frontage near major highways.
    Where is this land located?
    The property is located at 010 Bobby Hope Road Rose Hill, NC.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 161+/- acre property ideal for a private family compound, hunting preserve, or county home sites.; Boasts approximately 1,240 feet of road frontage.; Untouched for 25+- years, offering a blank canvas for development.
    (910) 290-2082
    We can help!
    Listing Contact
    Sue S Mills
    Sue S Mills
    Real Estate License ID: 174266
    Learn More
    Request Owner's contact information
    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
    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!