Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    538 New River Inlet Rd North Topsail Beach, NC 28460

    Sponsored
    For Sale
    Under Contract
    $775,000

    LAND - North Topsail Beach, NC

    Lot size:
    0.72 Acres
    Days on Market:
    12
    Last Refresh:
    Feb 6 at 5:06 am

    Property Features for 538 New River Inlet Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Zoning
    R-20
    APN
    775b-65
    Lot size
    0.72 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    We can help!

    Listing Contact
    Tahseen Muhammad

    Coldwell Banker Sea Coast Advantage Jacksonville NC (910) 353-5100

    Listing agent Sandbar Reel Estate Team (910) 459-0106

    Listing date Jan 26, 2026

    MLS# 100547915 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

    Oceanfront Lot on Topsail Island

    This oceanfront lot on Topsail Island, North Carolina, presents an exceptional opportunity to create a custom beach retreat, investment property, or legacy home. The property offers space for custom construction and possible outdoor amenities. Enjoy direct beach access and sunrise views over the Atlantic. Topsail Island is known for its scenic beaches, clear waters, coastal communities, and relaxed atmosphere. The island attracts visitors and homeowners year-round, creating strong vacation rental demand and long-term value. This location supports both lifestyle and financial goals. The lot is zoned R-20 and spans 0.72 acres. Opportunities like this are rare and highly sought after.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    North Topsail Beach
    County
    State
    North Carolina
    Longitude
    -77.409576
    Latitude
    34.49687

    Nearby Similar for Sale

    • New
      $2,400,000
      5,400 SF

      North Topsail Beach Duplex

      Second-row duplex with twelve bedrooms and ocean views.
      876-878 Villas Dr, North Topsail Beach, NC 28460
      View Details
    • $725,000
      1,632 SF

      Water View Duplex in North Topsail

      Duplex with water views, two beds, two baths per unit.
      111 Phil Harris Ln, North Topsail Beach, NC 28460
      View Details
    • $150,000
      0.05 Acres

      Coastal Campground Lots with Campers

      Two campground lots with furnished campers near North Topsail Beach.
      90 Pelican St, North Topsail Beach, NC 28460
      View Details
    • $154,900
      0.03 Acres

      North Topsail Beach Camper

      Newer camper with covered porch on nice lot.
      Carolina St, North Topsail Beach, NC 28460
      View Details
    • $120,000
      0.03 Acres

      Keystone Springdale on Dock Street

      2022 Keystone Springdale on a lot with parking area.
      117 Dock St, North Topsail Beach, NC 28460
      View Details
    • $200,000
      0.05 Acres

      Coastal Campground with Water Access

      Coastal getaway with water access and beach parking.
      88-89g And 89-G, North Topsail Beach, NC 28460
      View Details
    • $118,000
      0.04 Acres

      Rogers Bay Campground Spacious Lot

      Spacious lot in Rogers Bay Campground ready for a camper.
      45 B, North Topsail Beach, NC 28460
      View Details
    • $125,000
      0.03 Acres

      North Topsail Beach Campground Lot

      Campground lot with RV near the Atlantic Ocean.
      Reel St, North Topsail Beach, NC 28460
      View Details
    • $85,000
      0.02 Acres

      Upgraded RV in Coastal Campground

      Comfortable, upgraded RV in Rogers Bay Campground, near the beach.
      120 Quarterdeck St, North Topsail Beach, NC 28460
      View Details
    • $99,000
      0.08 Acres

      North Topsail Beach Campground Lot

      Campground lot near beach, sound, and amenities.
      81 Carolina St, North Topsail Beach, NC 28460
      View Details
    • $135,000

      Grand Design Solitude in Campground

      2015 Grand Design Solitude located in Rogers Bay Campground.
      151 Reel St, North Topsail Beach, NC 28460
      View Details

    FAQs

    What type of property is this?
    Land - Rare oceanfront lot to build your dream beach home.
    Where is this land located?
    The property is located at 538 New River Inlet Rd North Topsail Beach, NC.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - Rare oceanfront lot on Topsail Island, offering direct beach access and sunrise views.; - Ideal for a custom beach retreat, investment property, or legacy home.; - Strong vacation rental demand due to Topsail Island's popularity for fishing, boating, and water sports.
    (910) 459-0106
    Request Owner's contact information
    538 New River Inlet Rd North Topsail Beach, NC 28460
    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.
    538 New River Inlet Rd
    North Topsail Beach, NC 28460
    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
    538 New River Inlet Rd North Topsail Beach, NC 28460
    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
    Tahseen Muhammad
    Real Estate License ID: 343729
    (910) 459-0106
    Learn more
    Google sign-in failed. Please try again or use another login method.