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    4949 Wright Rd Tabor City, NC 28463

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    For Sale
    $450,000

    Farm/Estate, Mobile Home - Tabor City, NC

    Type:Farm
    Property size:
    1,820 SF
    Lot size:
    24.18 Acres
    Added:
    Apr 13, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 15 at 8:06 pm

    Property Features for 4949 Wright Rd

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Zoning
    100
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Family Room, Living Room
    Parking features
    Garage
    Interior features
    Walk-in Closet
    Appliances
    Dishwasher, Microwave, Refrigerator, Washer
    Standard status
    Active
    APN
    79061
    Size
    1,820 SF
    Lot size
    24.18 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1240

    Utilities

    Heating system
    Electric (Heating), Heat Pump (Heating)

    Building Details

    Year built
    1996
    Year renovated
    1996
    Floors in Building
    1
    Building materials
    Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Kenneth P. Kip Nance

    Listing agent Kenneth P. Kip Nance

    Listing office Only Way Realty Carolina 3093 Tommie Wooten Road, CHADBOURN, NC

    Listing date Apr 13, 2026

    MLS# 11691030 Listing URL

    Copyright © 2026 My State 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

    Tabor City Farm and Estate

    This 24.18-acre estate offers a blend of modern comfort and rural potential, suitable for a horse farm, hobby farm, or private retreat. The property includes approximately 4 cleared acres and 20.18 wooded acres ready for development. The 1,820 sq ft manufactured home features an expansive kitchen with an informal dining breakfast nook, a large den, and a formal living area. The master suite includes a custom walk-in tiled shower. There are two additional bedrooms and a second full bath. A dedicated utility room provides access to outdoor living spaces, including a rear deck and patio. The property includes a gated, recycled asphalt drive, a 60x42 metal building with drive-thru bay doors and an attached lean-to, a 12x60 shed, and a shipping container. Underground water lines run from the road to the home and buildings, with full wiring to all structures. Secured fencing is in place on the right side of the building. Located outside the flood zone and approximately 20 miles from North Myrtle Beach, the property has about 617 ft of road frontage and a depth of about 800 ft. Situated in a rapidly growing area, the property is minutes from shopping, medical facilities, and modern amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Tabor City
    County
    Columbus
    State
    North Carolina
    Longitude
    -78.7648337
    Latitude
    34.0509993

    Nearby Similar for Sale

    • $450,000

      Gas Station with Food Service

      Gas station with convenience store and deli kitchen.
      6088 Swamp Fox Hwy E, Tabor City, NC 28463
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    • $450,000
      21,000 SF

      Tabor City Warehouse For Sale

      21,000 SF brick warehouse near downtown and Highway 701.
      600 Stake Rd, Tabor City, NC 28463
      View Details

    FAQs

    What type of property is this?
    Farm - 24-acre estate with updated home and extensive infrastructure.
    Where is this farm located?
    The property is located at 4949 Wright Rd Tabor City, NC.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 24.18 Acre Estate: Offers modern comfort and expansive rural potential.; 60x42 Metal Building: Features drive‑thru bay doors and attached lean‑to, providing secure storage.; Meticulously Maintained & Updated Home: Features an expansive kitchen, cozy den, formal living area, master suite with custom walk‑in tiled shower.
    (910) 207-2948
    We can help!
    Listing Contact
    Kenneth P. Kip Nance
    Learn More
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    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
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