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

    400 4 H Road lot 78 Beaufort, NC 28516

    View on Map
    For Sale
    $195,000

    LAND - Beaufort, NC

    Lot size:
    17.07 Acres
    Added:
    Sep 29, 2025
    Days on Market:
    184
    Last Refresh:
    Mar 31 at 6:06 pm

    Property Features for 400 4 H Road lot 78

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    649402995235000
    Lot size
    17.07 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxDescription
    L78 Merrimon Bay sec 1D
    TaxAnnualAmount
    156

    Utilities

    Utilities
    Electricity Available
    Water source
    Well

    We can help!

    Listing Contact
    Stacey Respess Bowen

    Listing agent Stacey Respess Bowen License #331523

    Listing office United Country Respess Wilder P.O. Box 2367, Morehead City, NC

    Listing date Sep 29, 2025

    MLS# 100533268

    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

    Beaufort NC Land For Sale

    Located in Beaufort, NC, the 17.07-acre property at 400 4H Road offers space and privacy within the gated Merrimon Bay community. The property includes its own private road. The land is suitable for horses, ATV riding, or building a home. Community amenities include a boat ramp providing access to the Neuse River for fishing, crabbing, and cruising. Beaufort, Morehead City, and Crystal Coast beaches are easily accessible by car or boat. The property is suited for creating a homestead, setting up pastures and barns, or enjoying open space and wildlife. This property is suitable for boaters, hunters, horse owners, and anyone seeking a place to enjoy nature. It offers opportunities for boating, fishing, hunting, and horseback riding.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaufort
    County
    Carteret
    State
    North Carolina
    Longitude
    -76.6069
    Latitude
    34.8465

    Nearby Similar for Sale

    • $524,900

      Beaufort Land Near Waterfront

      Vacant land near Beaufort Waterfront with mixed-use zoning.
      311 Pollock Street, Beaufort, NC 28516
      View Details
    • $499,000

      Waterfront Land in Stanton Landing

      Build your dream home on this Intracoastal Waterway lot.
      112 Waterway Drive lot: 4 & 4A, Beaufort, NC 28516
      View Details
    • $375,000

      Beaufort Homesite Near Waterfront

      Vacant parcel near downtown waterfront, ideal for coastal living.
      707 Mulberry Street, Beaufort, NC 28516
      View Details
    • $499,999

      Beaufort Vacant Land Parcel

      Vacant land parcel in the heart of Beaufort, North Carolina.
      309 Pollock Street, Beaufort, NC 28516
      View Details
    • $200,000

      Beaufort, NC Business Zoned Land

      Three business-zoned lots totaling 0.768 acres near East Carteret High.
      3336 Highway 70 E, Beaufort, NC 28516
      View Details
    • $350,000

      Beaufort Homesite Near Waterfront

      Vacant land parcel near downtown Beaufort's waterfront.
      711 Mulberry Street lot: 9763, Beaufort, NC 28516
      View Details
    • $350,000

      Beaufort Homesite Near Waterfront

      Vacant land parcel near downtown Beaufort's waterfront.
      Pollock Street lot: 9867, Beaufort, NC 28516
      View Details
    • $771,750

      Beaufort, NC Homesite in Beau Coast

      0.40-acre homesite in Beau Coast community, near Turner Creek.
      533 Freedom Park Road, Beaufort, NC 28516
      View Details
    • $686,333

      Beaufort, NC Homesite Opportunity

      0.32-acre homesite in coastal community with amenities.
      530 Freedom Park Road, Beaufort, NC 28516
      View Details
    • $771,750

      Beaufort, NC Homesite Opportunity

      0.49-acre homesite near Beaufort's Front Street.
      529 Freedom Park Road, Beaufort, NC 28516
      View Details
    • $352,800

      Beaufort, NC Homesite For Sale

      0.26-acre homesite in Beau Coast community near Turner Creek.
      479 Freedom Park Road, Beaufort, NC 28516
      View Details
    • $441,000

      Beaufort, NC Homesite Opportunity

      0.29-acre homesite in Beau Coast community, near waterfront.
      502 Freedom Park Road, Beaufort, NC 28516
      View Details

    FAQs

    What type of property is this?
    Land - 17-acre property with space, privacy, and community boat ramp.
    Where is this land located?
    The property is located at 400 4 H Road lot 78 Beaufort, NC.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: 17‑acre property offering space and privacy; Private road within the gated Merrimon Bay community; Access to community boat ramp with quick access to the Neuse River
    (252) 945-3198
    We can help!
    Listing Contact
    Stacey Respess Bowen
    Real Estate License ID: 331523
    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!