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

    37 Cascade Dr, Unit 37 Whiteville, NC 28472

    Sponsored
    Picture of Residential land & home lots at Cascade Dr 37, Whiteville, NC
    For Sale
    Pending
    $45,000

    LAND - Whiteville, NC

    Lot size:
    0.73 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 3 at 10:06 pm

    Property Features for 37 Cascade Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Zoning
    RA20
    APN
    0281.01-48-0130.000
    Lot size
    0.73 Acres

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Brett Baxley
    Brett Baxley

    J Ray Realty LLC (910) 642-8111

    Listing agent Brett Baxley (910) 642-8111 License #349492

    Listing date Mar 1, 2026

    MLS# 100557201 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.

    Learn more

    Property Insight Report

    Overview

    Residential Lot in Gated Community

    Located in the Waterfall Estates community near Whiteville, NC, Lot 37 is a 0.73-acre homesite suitable for building a custom home. The property is situated in a gated neighborhood known for its peaceful setting. The lot provides ample space for various home designs while maintaining privacy. County water is available. Waterfall Estates features a quiet atmosphere, paved roads, and established homes. It is located minutes from Whiteville's shopping, dining, schools, and healthcare facilities. The property is located in one of the area's most desirable neighborhoods.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Whiteville
    County
    Columbus
    State
    North Carolina
    Longitude
    -78.722088
    Latitude
    34.349183

    Nearby Similar for Sale

    • New
      $1,800,000
      11,076 SF

      Turnkey Multi-Unit Portfolio Duplexes

      Professionally built portfolio of four duplexes (8 units) in Whiteville.
      19-55 Crew Ct, Whiteville, NC 28472
      View Details
    • New
      $1,800,000
      11,076 SF

      Turnkey Multi-Unit Portfolio Duplexes

      Professionally built portfolio of four duplexes with strong rental performance.
      19-55 Crew Ct, Whiteville, NC 28472
      View Details
    • $1,275,000
      9,100 SF

      Dollar General NNN Leased Investment

      Single-tenant retail building leased to Dollar General through 2031.
      25 Dock Rd, Whiteville, NC 28472
      View Details
    • $375,000

      Office Space For Sale

      Office space available for purchase at 333 Jefferson St.
      333 Jefferson St, Whiteville, NC 28472
      View Details
    • $600,000
      0.82 Acres

      Prime Whiteville Commercial Land

      0.82-acre lot, $600,000
      1442 Harrelsonville Rd, Whiteville, NC 28472
      View Details
    • $135,000
      1,075 SF

      Prime Whiteville Commercial Property

      1,075 sq ft, 1.07 acre lot, $135,000
      1843 Madison St, Whiteville, NC 28472
      View Details
    • $3,125,000
      42,000 SF

      Whiteville Industrial Facility

      42,000 SF Warehouse, $3.125M
      523 Flitter Hill Rd, Whiteville, NC 28472
      View Details
    • $525,000
      9,372 SF

      Prime Whiteville Commercial Property

      9,372 SF Building, 0.11 Acres
      700 Madison St, Whiteville, NC 28472
      View Details
    • $250,000
      2,724 SF

      Prime Whiteville Commercial Property

      Versatile 2,724 sq ft building on 0.6 acres
      410 Jk Powell Blvd, Whiteville, NC 28472
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.73-acre homesite in Waterfall Estates near Whiteville, NC.
    Where is this residential land & home lot located?
    The property is located at 37 Cascade Dr, Unit 37 Whiteville, NC.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: - Desirable gated community in Waterfall Estates; - Spacious .73-acre homesite; - Convenient access to Whiteville's amenities
    (910) 317-4401
    Request Owner's contact information
    37 Cascade Dr, Unit 37 Whiteville, NC 28472
    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.
    37 Cascade Dr, Unit 37
    Whiteville, NC 28472
    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
    37 Cascade Dr, Unit 37 Whiteville, NC 28472
    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

    We can help!
    Listing Contact
    Brett Baxley
    Brett Baxley
    Real Estate License ID: 349492
    (910) 317-4401 (910) 642-8111
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!