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

    5040 Hermitage Court Belmont, NC 28012

    View on Map
    Claim this Listing
    For Sale
    $195,000

    LAND - Belmont, NC

    Lot size:
    0.99 Acres
    Added:
    Jan 6, 2026
    Days on Market:
    102
    Last Refresh:
    Apr 18 at 12:06 pm

    Property Features for 5040 Hermitage Court

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-1
    Standard status
    Active
    APN
    203958
    Lot size
    0.99 Acres

    Taxes and HOA fees

    Tax Description
    REFLECTION POINTE L 210 15 109 004 00 000

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer, Private Sewer
    Water front
    1

    We can help!

    Listing Contact
    Jeff Moll
    Jeff Moll

    Listing agent Jeff Moll License #256290

    Listing office Keller Williams Ballantyne Area 14045 Ballantyne Corporate Pl, #500, Charlotte, NC

    Listing date Jan 6, 2026

    MLS# 4333375 Listing URL

    Copyright © 2026 Canopy 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

    Waterfront Lot in Gated Community

    This .99 acre waterfront lot is located in the gated community of Reflection Pointe on Lake Wylie. Situated at the end of a quiet cul-de-sac, the property features over 200 feet of shoreline within a protected cove, offering non-dockable lake access. It is suitable for outdoor enthusiasts, providing direct kayak and paddleboard access to Lake Wylie. This custom home lot allows flexibility to work with featured luxury builders or your own builder, provided they meet the community's architectural standards. Building requirements include a minimum of 2,000 HLA for a single-story home and 2,400 HLA for a two-story home. Reflection Pointe offers amenities, including a clubhouse, swimming pool, tennis courts, and a community beach. Residents also benefit from on-site boat storage, a marina area, soccer fields, and scenic fountains. This Belmont, NC real estate, is located 10 minutes from downtown Belmont, known for its local breweries, fine dining, and parks. It is a 20-minute commute to Charlotte Douglas International Airport and 30 minutes to Uptown Charlotte.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Hotel & Motel Storage Facility HVAC Service Computer & Electronic Repair Tech Support Center Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Belmont
    County
    Gaston
    State
    North Carolina
    Longitude
    -81.0255574
    Latitude
    35.1544148

    Nearby Similar for Sale

    • $1,500,000

      Downtown Belmont Multi-Tenant Office Building

      Adaptable commercial office building in downtown Belmont, North Carolina.
      104 Kenwood Street, Belmont, NC 28012
      View Details
    • $600,000

      Medical Office Development Site

      Prime medical office development site near CaroMont Regional Medical Center.
      311 Beatty Drive, Belmont, NC 28012
      View Details
    • $995,000

      Belmont NC Multi-Family Investment

      Six-unit income property near downtown Belmont, North Carolina.
      704 Secrest Avenue, Belmont, NC 28012
      View Details
    • $400,000

      Lake Wylie Waterfront Land Opportunity

      Two parcels of land backing up to Lake Wylie.
      230 Walnut Street, Belmont, NC 28012
      View Details
    • $300,000

      Lake Wylie Homesite in Belmont

      1.01-acre wooded homesite in exclusive Lake Wylie enclave.
      1215 Featherton Drive, Belmont, NC 28012
      View Details
    • $300,000

      Land For Sale in Belmont

      1.30 ac land for sale in Belmont, North Carolina.
      Beatty Drive, Belmont, NC 28012
      View Details
    • $525,000

      Commercial Land in Belmont, NC

      Commercial land available in Mount Holly, zoned B3.
      405 Belmont Mount Holly Road, Belmont, NC 28012
      View Details
    • $355,000

      Belmont Land: Build Your Dream

      3.75 acres in Belmont, NC, ready for your dream home.
      1110 Clark Hill Drive, Belmont, NC 28012
      View Details
    • $130,000

      Premier Homesite in Gated Community

      0.66-acre homesite with seasonal lake views and community amenities.
      5120 Watermead Lane, Belmont, NC 28012
      View Details
    • $139,900

      Belmont Land in Lake Community

      Residential lot in Lake Wylie waterfront community.
      5016 Hermitage Court, Belmont, NC 28012
      View Details
    • $430,000

      Lake Wylie Dockable Lot

      0.67 acre lot in Reflection Pointe, Belmont, NC.
      3213 Lake Pointe Drive, Belmont, NC 28012
      View Details
    • $175,000

      Belmont Wooded Lot For Sale

      Wooded 0.20-acre lot in the heart of Belmont, North Carolina.
      506 East Avenue, Belmont, NC 28012
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Premium waterfront lot in Reflection Pointe, Belmont, NC.
    Where is this waterfront land located?
    The property is located at 5040 Hermitage Court Belmont, 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: Premium .99 acre waterfront lot with 200+ feet of shoreline in Reflection Pointe on Lake Wylie.; Located in a gated community with resort‑style amenities: clubhouse, pool, tennis courts, community beach.; Private, non‑dockable lake access for kayaking and paddleboarding from your backyard.
    (704) 913-9330
    We can help!
    Listing Contact
    Jeff Moll
    Jeff Moll
    Real Estate License ID: 256290
    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!