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

    245 Crape Myrtle Lane Whiteville, NC 28472

    View on Map
    Pending
    Contact for pricing

    LAND - Whiteville, NC

    Lot size:
    0.70 Acres
    Added:
    Feb 13, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 6 at 12:06 pm

    Property Features for 245 Crape Myrtle Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    NW -- WR W3
    Standard status
    Pending
    APN
    0282.00-62-4485.000
    Lot size
    0.70 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Vance Maultsby
    Tax Annual Amount
    81

    We can help!

    Listing Contact
    Andrea Ochoa
    Andrea Ochoa

    Listing agent Andrea Ochoa License #300888

    Listing office Collective Realty LLC 1213 W Morehead St. Flr 5, Charlotte, NC

    Listing date Feb 13, 2026

    MLS# 100554571 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

    Land Parcel in Whiteville, NC

    This 0.7-acre parcel, owned since the 1970s, presents a building opportunity. Featuring road frontage and located outside city limits, the property offers flexibility for future plans. It is suitable for building a home, placing a manufactured home, or investing in land. There are no known restrictions on the property. Established homes are nearby. The land has not been perc tested to see if it is buildable, but with established homes nearby, utilities and approval should not be an issue (buyer to verify).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Hotel & Motel Food Market Grocery & Convenience Store Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Whiteville
    County
    Columbus
    State
    North Carolina
    Longitude
    -78.713391
    Latitude
    34.360948

    Nearby Similar for Sale

    • $140,000
      700 SF

      Whiteville Office with Fenced Yard

      Office property in Whiteville, NC, with parking and flexible zoning.
      108 S Lee Street, Whiteville, NC 28472
      View Details
    • $255,000
      1,932 SF

      Whiteville Commercial Property For Sale

      Well-located commercial property ideal for professional uses.
      609 Jefferson Street, Whiteville, NC 28472
      View Details
    • $199,000

      Commercial Land in Medical Area

      3.75 acres suitable for medical or professional office development.
      Near 659 Evergreen Street, Whiteville, NC 28472
      View Details
    • $60,000

      Buildable Lot Near Hospital

      Wooded lot near hospital, ideal for professional office development.
      615 Pecan Lane, Whiteville, NC 28472
      View Details
    • $60,000

      Commercial Land in Whiteville, NC

      0.67-acre wooded lot in a desirable commercial location.
      Near 615 Pecan Lane, Whiteville, NC 28472
      View Details
    • $325,000

      Commercial Land in Whiteville, NC

      Commercial lot suitable for various business ventures.
      S Madison Street, Whiteville, NC 28472
      View Details
    • $450,000

      Commercial Land on Highway 701

      Commercial property with frontage on Hwy 701 and Duval Street.
      Near 1240 S J K Powell Boulevard, Whiteville, NC 28472
      View Details
    • $34,000

      Vacant Lot in Whiteville, NC

      Vacant lot suitable for stick-built or modular homes.
      002224 Near 217 E Clay Street, Whiteville, NC 28472
      View Details
    • $550,000
      5,070 SF

      Established Restaurant on Madison Street

      Family-owned restaurant with high visibility in Whiteville, North Carolina.
      1405 S Madison Street, Whiteville, NC 28472
      View Details
    • $49,999

      Columbus County Land Parcel

      Nearly 3-acre parcel in Columbus County.
      3566 Red Store Road, Whiteville, NC 28472
      View Details
    • $29,900

      Residential Lot in Mill Branch

      1.64+/- acre residential lot in Whiteville, NC.
      1834 Harrelsonville Road lot: 7, Whiteville, NC 28472
      View Details
    • $275,000

      Prime Commercial Lot, Whiteville, NC

      0.95-acre commercial lot in high-traffic location, ready for development.
      1811 S Madison Street, Whiteville, NC 28472
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.7-acre parcel with road frontage outside city limits.
    Where is this residential land & home lot located?
    The property is located at 245 Crape Myrtle Lane Whiteville, NC.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Large 0.7‑acre parcel offers ample space and potential.; No known restrictions provide flexibility for various uses (buyer to verify).; Excellent road frontage ensures easy access.
    (704) 705-8008
    We can help!
    Listing Contact
    Andrea Ochoa
    Andrea Ochoa
    Real Estate License ID: 300888
    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!