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    118 & 120 Pintail Lane lot 56 & 57 Harkers Island, NC 28531

    View on Map
    New
    For Sale
    $885,000

    LAND - Harkers Island, NC

    Lot size:
    0.54 Acres
    Added:
    Mar 28, 2026
    Days on Market:
    5
    Last Refresh:
    Apr 1 at 4:06 pm

    Property Features for 118 & 120 Pintail Lane lot 56 & 57

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Exterior features
    Dock
    Standard status
    Active
    APN
    732507693094000
    Lot size
    0.54 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    L56 Harkers Village P2 & L57 Harkers Village P2

    Utilities

    Utilities
    Cable Available
    Water source
    Public
    Water front
    1

    We can help!

    Listing Contact
    Jo Ann W Mangum
    Jo Ann W Mangum

    Listing agent Jo Ann W Mangum License #197683

    Listing office Eddy Myers Real Estate 131 Middle Lane, Beaufort, NC

    Listing date Mar 28, 2026

    MLS# 100563333

    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

    Waterfront Lots with Boat Slips

    Two waterfront lots are available in Harkers Island, offering sunset views over the water. The property includes a 20-foot boat slip with a boat lift and a 25-foot wet slip. Community amenities include a boat ramp, marina, and swimming pool. The lots are ready for construction and offer a combination of location, views, and boating access. Situated in a coastal setting, the property provides island living. The combined lot size is 0.54 acres. This property is intended for residential use, whether as a primary residence or vacation getaway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Restaurant Real Estate Agency Dental Office Auto Repair Shop Hair Salon Grocery & Convenience Store Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Harkers Island
    County
    Carteret
    State
    North Carolina
    Longitude
    -76.582469
    Latitude
    34.709634

    Nearby Similar for Sale

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      Harkers Island Cleared Lot

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    • $310,000

      Harkers Island Land Opportunity

      1.29 acre lot near Cape Lookout National Seashore.
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    • $199,900

      Harkers Island Land For Sale

      Cleared lot with utilities ready for building a dream vacation home.
      108 Clara Crossroad, Harkers Island, NC 28531
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    • $125,000

      Harkers Island Residential Lot

      Wooded 0.63 acre lot near marina and waterfront.
      338 Diamond City Drive lot: 27, Harkers Island, NC 28531
      View Details
    • $375,000

      Waterfront Land on Harkers Island

      Two waterfront-view parcels totaling 0.402 acres on Harkers Island, NC.
      908 & 922 Island Road, Harkers Island, NC 28531
      View Details
    • $145,000

      Harkers Island Vacant Lot

      Vacant lot in Harkers Island near boat ramps.
      159 Barbee Street, Harkers Island, NC 28531
      View Details
    • $135,000

      Harkers Island Coastal Homesite

      Vacant lot near boat ramps and Cape Lookout National Seashore.
      151 Barbee Street, Harkers Island, NC 28531
      View Details
    • $200,000

      Harkers Island Water View Lot

      Water view lot on Harkers Island near restaurants and marina.
      976 Island Road, Harkers Island, NC 28531
      View Details
    • $2,500,000

      Harkers Island Waterfront Land

      Waterfront land on Browns Island, Harkers Island, North Carolina.
      7 Browns Island E Part Terrace, Harkers Island, NC 28531
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Rare waterfront lots with boat slips in Harkers Island.
    Where is this waterfront land located?
    The property is located at 118 & 120 Pintail Lane lot 56 & 57 Harkers Island, NC.
    What is the asking price?
    The asking price for this property is $885,000.
    What are key features of this property?
    This property features: Two waterfront lots being sold together; Two boat slips included: 20‑foot with lift, 25‑foot wet slip; **Stunning sunset views over the water**
    (252) 723-3146
    We can help!
    Listing Contact
    Jo Ann W Mangum
    Jo Ann W Mangum
    Real Estate License ID: 197683
    Learn More
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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
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