Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    North Topsail Beach Development Opportunity Title is generated by Realmo AI

    1195 New River Inlet Road, North Topsail Beach, NC 28460

    View on Map
    Claim this Listing
    For Sale
    $1,500,000

    LAND - North Topsail Beach, NC

    Lot size:
    9.26 Acres
    Added:
    Feb 13, 2026
    Days on Market:
    98
    Last Refresh:
    May 22 at 8:06 am

    Property Features for 1195 New River Inlet Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R15
    Standard status
    Active
    APN
    774-32.1
    Lot size
    9.26 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Sr 1568 New River Inlet 2/94 404 Wetlands Reviewed

    Utilities

    Water front features
    Waterfront
    Water front
    1

    We can help!

    Listing Contact
    Katie Batson

    Listing agent Katie Batson License #286967

    Listing office KB Realty & Investments LLC 14210 NC HWY 50, Hampstead, NC

    Listing date Feb 13, 2026

    MLS# 100554460 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.

    HighLights

    • Rare 9+ acre tract with potential for up to 13 second‑row lots.
    • Boasts 800+ feet of road frontage.
    • Zoned R‑15, suitable for single‑family or duplex development.
    • Potential for Intracoastal Waterway and ocean views.
    • Public beach access nearby, potential for private beach access.
    • Additional neighboring properties moving toward market, enhancing long‑term value.

    Overview

    This 9.26-acre tract in North Topsail Beach presents a development opportunity with over 800 feet of road frontage. Zoned R-15, the parcel is suited for single-family or duplex development, allowing for flexible build strategies. The property has the potential for up to 13 second-row lots. Future homes could offer views of the Intracoastal Waterway, coastal wildlife, and the ocean. Public beach access is located just north of the property, and there is potential to secure private beach access. Additional neighboring properties are also moving toward market, enhancing the long-term value and development potential of this location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    North Topsail Beach
    County
    State
    North Carolina
    Longitude
    -77.4388
    Latitude
    34.5396

    Nearby Similar for Sale

    • $489,000

      Oceanfront Lot in Ocean Ridge

      Oceanfront lot with deeded beach access and pool privileges.
      4196 Island Drive lot: 26, North Topsail Beach, NC 28460
      View Details
    • $425,000

      North Topsail Beach Homesite Opportunity

      Premier homesite in desirable coastal community, short stroll from shoreline.
      Old Village Lane lot: B & C, North Topsail Beach, NC 28460
      View Details
    • $550,000

      Water Access and Sunrise Views

      Second-row lot with unobstructed views and boat slip access.
      1687 New River Inlet Road lot: 2, North Topsail Beach, NC 28460
      View Details
    • $325,000

      Coastal Estate Opportunity

      Rare 9-acre coastal estate with water frontage.
      1163 New River Inlet Road, North Topsail Beach, NC 28460
      View Details
    • $325,000

      Cleared Lot Near Beach Access

      Cleared, level corner lot near beach with potential ocean views.
      7203 10th Avenue, North Topsail Beach, NC 28460
      View Details
    • $595,000

      Oceanfront Duplexable Parcel on Topsail

      Undeveloped oceanfront lot with development potential in North Topsail Beach.
      2072 New River Inlet Road lot: 1A, North Topsail Beach, NC 28460
      View Details
    • $425,000

      North Topsail Beach Land

      Residential land in oceanfront community, North Topsail Beach, NC.
      4300 Island Drive, North Topsail Beach, NC 28460
      View Details
    • $168,000

      Waterfront Land in North Topsail

      Buildable waterfront lot with Intracoastal Waterway views.
      320 Bay Circle, North Topsail Beach, NC 28460
      View Details
    • $210,000

      Premier Homesite in Coastal Community

      Desirable .22-acre homesite in North Topsail Beach.
      Old Village Lane lot: C, North Topsail Beach, NC 28460
      View Details
    • $725,000
      1,632 SF

      Water View Duplex in North Topsail

      Duplex with water views, two beds, two baths per unit.
      111 Phil Harris Lane, North Topsail Beach, NC 28460
      View Details
    • $235,000

      Premier Homesite Near Shoreline

      Desirable .28-acre homesite in North Topsail Beach coastal community.
      Old Village Lane lot: B, North Topsail Beach, NC 28460
      View Details
    • $439,900

      Oceanfront Lot in Ocean Ridge

      Oceanfront lot to build your dream home on the beach.
      4264 Island Drive, North Topsail Beach, NC 28460
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 9+ acre tract with potential for 13 second-row lots.
    Where is this residential land & home lot located?
    The property is located at 1195 New River Inlet Road North Topsail Beach, NC.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Rare 9+ acre tract with potential for up to 13 second‑row lots.; Boasts 800+ feet of road frontage.; Zoned R‑15, suitable for single‑family or duplex development.
    (910) 622-0071
    We can help!
    Listing Contact
    Katie Batson
    Real Estate License ID: 286967
    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
    1195 New River Inlet Road, North Topsail Beach, NC 28460
    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!