Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Roseboro, NC Land For Sale Title is generated by Realmo AI

    1 Elizabethtown Highway, Roseboro, NC 28382

    View on Map
    Claim this Listing
    For Sale
    $170,000

    LAND - Roseboro, NC

    Lot size:
    21.00 Acres
    Added:
    May 2, 2023
    Days on Market:
    1112
    Last Refresh:
    May 17 at 6:06 pm

    Property Features for 1 Elizabethtown Highway

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    21.00 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    08067328020
    Tax Annual Amount
    174

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    Shea Smith

    Listing agent Shea Smith License #328852

    Listing office NorthGroup Real Estate, Inc. 6511 Creedmoor Rd., Suite 101, Raleigh, NC

    Listing date May 2, 2023

    MLS# 2508360 Listing URL

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

    HighLights

    • 21 acres of land available, perfect for your vision.
    • Suitable for building a home, create your dream space.
    • Potential for subdivision development, an investment opportunity.
    • Located in Roseboro, NC.
    • Water source: Well.
    • Coordinates: [-78.5089,34.9769].

    Overview

    This property features 21 acres of land located in Roseboro, North Carolina. The land is suitable for building a home or developing a subdivision.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Roseboro
    County
    Sampson
    State
    North Carolina
    Longitude
    -78.5089
    Latitude
    34.9769

    Nearby Similar for Sale

    • $300,000

      63.15 Acres in Roseboro, NC

      63.15 acre land parcel, great development or investment opportunity.
      2876 Dunn Road, Roseboro, NC 28382
      View Details
    • $69,888

      Roseboro Land For Sale

      8.32-acre tract suitable for residential, hunting, or timber investment.
      Mintz Road, Roseboro, NC 28382
      View Details
    • $479,000

      NAPA Auto Parts Retail Property

      Retail property with long-term tenant in Roseboro, North Carolina.
      105 N East St, Roseboro, NC 28382
      View Details
    • $25,000

      Roseboro, NC Building Lot

      Residential land for sale in a quiet location.
      Bullard Street, Roseboro, NC 28382
      View Details
    • $80,000

      Land in Roseboro, North Carolina

      4.68 acres of land with highway access.
      Dunn Road, Roseboro, NC 28382
      View Details
    • $1,057,500

      Expansive Land in Roseboro, NC

      235-acre family-owned property with recreational value and timber investment potential.
      Moon Johnson Road, Roseboro, NC 28382
      View Details
    • $209,999

      Roseboro, NC Wooded Land

      8.52-acre wooded lot in a well-maintained subdivision.
      Little Coharie Ln, Roseboro, NC 28382
      View Details
    • $525,000

      68 Acres of Farmland

      68 acres of land near Roseboro, Clinton, Fayetteville, NC.
      1 Butler Island Road, Roseboro, NC 28382
      View Details
    • $479,000
      9,755 SF

      NAPA Auto Parts Retail Location

      Retail property with long-term tenant in Roseboro, North Carolina.
      105 N East St, Roseboro, NC 28382
      View Details
    • $525,000

      68 Acres of Land Roseboro

      68 acres of land near schools and major cities.
      1 Butler Island Road, Roseboro, NC 28382
      View Details
    • $190,000

      Roseboro, NC Land For Sale

      26.8 acres near Roseboro Middle School, convenient to multiple cities.
      Elizabethtown Highway, Roseboro, NC 28382
      View Details
    • $40,000

      Roseboro, NC Land For Sale

      3.27 acres of residential agricultural land available for purchase.
      Harold Road, Roseboro, NC 28382
      View Details

    FAQs

    What type of property is this?
    Land - 21 acres of land suitable for building or development.
    Where is this land located?
    The property is located at 1 Elizabethtown Highway Roseboro, NC.
    What is the asking price?
    The asking price for this property is $170,000.
    What are key features of this property?
    This property features: 21 acres of land available, perfect for your vision.; Suitable for building a home, create your dream space.; Potential for subdivision development, an investment opportunity.
    (910) 337-2442
    We can help!
    Listing Contact
    Shea Smith
    Real Estate License ID: 328852
    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

    Thank You for Inquiry
    1 Elizabethtown Highway, Roseboro, NC 28382
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!