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

    406 Foxtrace Lane Hubert, NC 28539

    View on Map
    For Sale
    $40,900

    LAND - Hubert, NC

    Lot size:
    0.31 Acres
    Added:
    Oct 7, 2025
    Days on Market:
    177
    Last Refresh:
    Apr 1 at 3:06 am

    Property Features for 406 Foxtrace Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-10
    Standard status
    Active
    APN
    1308-2.36
    Lot size
    0.31 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxDescription
    Foxtrace Ln
    TaxAnnualAmount
    262

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Diane M Castro-Perez
    Diane M Castro-Perez

    Listing agent Diane M Castro-Perez License #245995

    Listing office Coldwell Banker Sea Coast Advantage-Hampstead 14889 Hwy 17 N Ste B, Hampstead, NC

    Listing date Oct 7, 2025

    MLS# 100534840

    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

    Wooded Lot in Hubert, NC

    This 0.31-acre wooded lot is located in an established neighborhood in Hubert, North Carolina. The property is surrounded by mature trees and well-kept homes, offering a peaceful setting. It is situated close to Camp Lejeune, the waterfront of Swansboro, and other coastal attractions. The R-10 zoning allows for residential use, making it suitable for building a home. This lot presents an opportunity to create a personalized space in a convenient and desirable community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Gym & Fitness Center Auto Repair Shop Daycare Center Department Store Barber Shop Computer & Electronic Repair Electronics & Wireless Store Grocery & Convenience Store Bakery

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

    Location Insight

    • Map
    • Local Demand
    City
    Hubert
    County
    Onslow
    State
    North Carolina
    Longitude
    -77.204476
    Latitude
    34.6812124

    Nearby Similar for Sale

    • $595,000

      Hubert, NC Development Opportunity

      Prime commercial land in rapidly growing Hubert, North Carolina.
      Queens Creek Road, Hubert, NC 28539
      View Details
    • $595,000

      Commercial Land in Growing Hubert

      Commercial land in rapidly growing Hubert, NC near new developments.
      Queens Creek Road, Hubert, NC 28539
      View Details
    • $39,999

      Ready-to-Build Lot in Hubert, NC

      Half-acre lot with utilities in place, ready for building.
      474 Hubert Boulevard lot: 1, Hubert, NC 28539
      View Details
    • $89,000

      Creekfront Lot in Kingsbridge II

      Creekfront lot with community amenities near Camp Lejeune.
      276 E Ivybridge Drive lot: 18, Hubert, NC 28539
      View Details
    • $195,000

      Waterfront Homesite in Hubert, NC

      Waterfront homesite in Kingsbridge II, Hubert, NC. Build your dream home.
      289 E Ivybridge Drive lot: 54, Hubert, NC 28539
      View Details
    • $160,000

      Land Parcel in Hubert, NC

      3.46-acre parcel ideal for development or custom home.
      131 Henson Road, Hubert, NC 28539
      View Details
    • $3,975,000

      Waterfront Land Near Historic Swansboro

      63 acres of untouched waterfront property near Historic Swansboro.
      517 Queens Creek Road, Hubert, NC 28539
      View Details
    • $39,000

      Residential Lot Near Swansboro

      Residential lot available near Swansboro and Jacksonville.
      105 Kings Parkway, Hubert, NC 28539
      View Details
    • $132,000

      ICW Lot Near Swansboro

      0.89 acre lot near Swansboro and Camp Lejeune.
      100 Brandon Avenue lot: 12, Hubert, NC 28539
      View Details
    • $128,000

      ICW Lot Near Swansboro

      Second-row lot with ICW views and easy access to Swansboro.
      104 Brandon Avenue lot: 10, Hubert, NC 28539
      View Details
    • $125,000

      Land For Sale Hubert, NC

      4.33 acre commercial land available in Hubert, North Carolina.
      749 Highway 172, Hubert, NC 28539
      View Details
    • $329,000

      Hubert, NC 11.16 Acre Land

      11.16 acres near Swansboro, NC, ideal for development.
      Wood Creek Drive, Hubert, NC 28539
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.31-acre wooded lot in established Hubert neighborhood.
    Where is this residential land & home lot located?
    The property is located at 406 Foxtrace Lane Hubert, NC.
    What is the asking price?
    The asking price for this property is $40,900.
    What are key features of this property?
    This property features: Prime .309‑acre wooded lot in an established Hubert neighborhood.; Conveniently located minutes from Camp Lejeune, Swansboro waterfront, and coastal attractions.; Water utility available.
    (910) 467-7642
    We can help!
    Listing Contact
    Diane M Castro-Perez
    Diane M Castro-Perez
    Real Estate License ID: 245995
    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!