Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    231 Overlook Dr Troy, NC 27371

    Sponsored
    For Sale
    $40,000

    LAND - Troy, NC

    Lot size:
    0.40 Acres
    Days on Market:
    86
    Last Refresh:
    Jan 8 at 2:06 am

    Property Features for 231 Overlook Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1
    APN
    6589-20-70-6970
    Lot size
    0.40 Acres

    Utilities

    Sewer type
    Septic Needed

    Mark McRae Properties, LLC (704) 985-3128 [email protected]

    Listing agent Crystal Williams (910) 220-3228

    Listing date Oct 15, 2025

    MLS# 4041831 Listing URL

    Copyright © 2025 Canopy 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

    Waterview Lot in Gated Community

    This 0.4-acre waterview lot, identified as Lot 161, is situated within the gated community of Carolina Forest on Lake Tillery. It presents an opportunity for building a home and enjoying lake activities. The lot offers seasonal views of the main channel of Lake Tillery. An expired soil/perc test, previously approved for a three-bedroom home, indicates that a new soil/perc test will be required. Carolina Forest provides amenities including security guards, a clubhouse, an outdoor swimming pool, a playground, walking trails, a tennis/basketball court, and community activities. The boat slip and seawall at the Clubhouse have been recently renovated.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Montgomery
    State
    North Carolina
    Longitude
    -80.047481
    Latitude
    35.36928

    Nearby Similar for Sale

    • $275,000
      0.40 Acres

      Downtown Troy Commercial Property

      Commercial property with multiple retail/office spaces and established renters.
      215 N Main St, Troy, NC 27371
      View Details
    • $70,000
      0.91 Acres

      Troy Commercial Land - Build Your Dream

      Prime 0.91-acre commercial lot, ready to build.
      Covington Rd, Troy, NC 27371
      View Details
    • $349,000
      2.50 Acres

      Prime Troy Medical Office Building

      2150 sq ft, 2.5 acres, excellent location
      1001 Main St, Troy, NC 27371
      View Details
    • $225,000
      3,000 SF

      Prime Troy Commercial Building

      Versatile 3,000 sq ft building, 0.9 acres
      925 Ophir Ave, Troy, NC 27371
      View Details
    • $275,000
      0.40 Acres

      Downtown Troy Retail Investment

      High-yield retail property with tenants.
      215 Main St, Troy, NC 27371
      View Details
    • $199,000
      1,350 SF

      Prime Troy Restaurant Space - $199K

      Vacant restaurant, high-traffic location.
      829 Albemarle Rd, Troy, NC 27371
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot in Carolina Forest with seasonal lake views.
    Where is this residential land & home lot located?
    The property is located at 231 Overlook Dr Troy, NC.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: - Waterview lot in the gated Carolina Forest community on Lake Tillery.; - Enjoy access to Lake Tillery and all its lake life activities.; - Community amenities include a clubhouse, outdoor pool, playground, walking trails, and sports courts.
    (910) 220-3228
    Request Owner's contact information
    231 Overlook Dr Troy, NC 27371
    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.
    231 Overlook Dr
    Troy, NC 27371
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    231 Overlook Dr Troy, NC 27371
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.