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

    5996 Harbour Way Oriental, NC 28571

    View on Map
    For Sale
    $75,000

    LAND - Oriental, NC

    Lot size:
    0.48 Acres
    Added:
    Feb 9, 2026
    Days on Market:
    51
    Last Refresh:
    Apr 1 at 2:06 pm

    Property Features for 5996 Harbour Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-1
    Standard status
    Active
    APN
    J083-35-67
    Lot size
    0.48 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    Lot 67 Pierce Creek Area Add. Vii Harbor Way 0006631 6497673244000
    TaxAnnualAmount
    42

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Ronda Scott

    Listing agent Ronda Scott License #321453

    Listing office RE/MAX Elite Realty Group 300 Western Blvd, Jacksonville, NC

    Listing date Feb 9, 2026

    MLS# 100553605

    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

    Residential Lot in Pierce Creek

    This 0.48-acre level lot is located in the Pierce Creek community. It offers a partially cleared, grassed homesite surrounded by mature trees. An established driveway adds convenience. The lot has prior electrical service and offers access to county sewer. Much of the property is located outside of the flood zone. It is located within the town limits, just minutes from local marinas and dining. This property presents an opportunity for a primary residence, second home, or long-term investment in the Village of Oriental.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Big Box & Wholesale Store Pharmacy Food Market Grocery & Convenience Store Supermarket

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

    Location Insight

    • Map
    • Local Demand
    City
    Oriental
    County
    Pamlico
    State
    North Carolina
    Longitude
    -76.673383
    Latitude
    35.038869

    Nearby Similar for Sale

    • $568,500

      Cleared Land with Deep Water Slips

      1.205 acre lot with 15 deep water slips.
      Harbour Way, Oriental, NC 28571
      View Details
    • $169,500

      Waterfront Acreage Near Oriental, NC

      Unrestricted 7.5+ acres of wooded waterfront property on Tar Creek.
      375 Tar Creek Road lot: 2, Oriental, NC 28571
      View Details
    • $497,000

      Waterfront Lot in River Dunes

      Luxurious 1.31-acre waterfront lot ready for construction.
      71 Jayne Point lot: 3, Oriental, NC 28571
      View Details
    • $160,000

      Waterfront Homesite in Coastal Community

      Waterfront homesite in River Dunes community near Oriental, NC.
      275 Ballast Point lot: 68, Oriental, NC 28571
      View Details
    • $279,000

      Waterfront Homesite in Oriental, NC

      2.11 acre waterfront homesite with neighborhood amenities.
      271 Wind Lake Road S lot: 26, Oriental, NC 28571
      View Details
    • $42,000

      Waterfront Homesite in Sailhaven Community

      Canal front homesite in Oriental, NC with dock and boat slip.
      806 Sailhaven Drive lot: 1, Oriental, NC 28571
      View Details
    • $75,000

      Waterfront Land in Oriental, NC

      4.46-acre waterfront property on Dawson Creek in Oriental, NC.
      5109 Kershaw Road lot: 3, Oriental, NC 28571
      View Details
    • $225,000

      Waterfront Homesite in Oriental, NC

      1.19 acre waterfront homesite to create your coastal retreat.
      8050 Treasure Drive, Oriental, NC 28571
      View Details
    • $180,000

      Waterfront Homesite in Oriental, NC

      Over half acre waterfront homesite with creek frontage.
      8046 Treasure Drive, Oriental, NC 28571
      View Details
    • $20,000

      Building Lot in Waterfront Community

      Residential lot in Dawson Creek, Oriental, NC with septic permit.
      58 Davis Field Court lot: 222, Oriental, NC 28571
      View Details
    • $59,000

      Waterfront Land in Oriental Plantation

      1.1+ acre waterfront lot with community amenities.
      280 Winding Creek Drive lot: 86, Oriental, NC 28571
      View Details
    • $30,000

      Waterfront Community Homesite Opportunity

      1.60-acre homesite in a peaceful waterfront community.
      117 Southern Plantation Drive S, Oriental, NC 28571
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.48-acre lot in Oriental, NC, ready for building.
    Where is this residential land & home lot located?
    The property is located at 5996 Harbour Way Oriental, NC.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: Minutes from Oriental marinas, dining, and coastal lifestyle.; Partially cleared, level 0.48‑acre lot in desirable Pierce Creek community.; Established driveway and prior electrical service.
    (910) 548-2372
    We can help!
    Listing Contact
    Ronda Scott
    Real Estate License ID: 321453
    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!