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

    Burnette Farm Road Tarboro, NC 27886

    View on Map
    For Sale
    Contact for pricing

    LAND - Tarboro, NC

    Lot size:
    1.28 Acres
    Added:
    Mar 24, 2026
    Days on Market:
    9
    Last Refresh:
    Apr 1 at 4:06 pm

    Property Features for Burnette Farm Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    sfr
    Standard status
    Active
    APN
    475784437900
    Lot size
    1.28 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    Number 2 Township Lot #3
    TaxAnnualAmount
    186

    We can help!

    Listing Contact
    Carlton L. Jones

    Listing agent Carlton L. Jones License #142313

    Listing office Main Street Realty of Tarboro 200 N Main St., Tarboro, NC

    Listing date Mar 24, 2026

    MLS# 100562359

    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

    Unrestricted Land in Tarboro, NC

    This property features a 1.28-acre lot with no restrictions. A soil evaluation has been completed. The land is located in Tarboro, North Carolina.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Tarboro
    County
    Edgecombe
    State
    North Carolina
    Longitude
    -77.452865
    Latitude
    35.867448

    Nearby Similar for Sale

    • $386,000

      Cleared Land in Tarboro, NC

      4+ acres at high-traffic intersection near hospital and historic district.
      A/1 Main N Street, Tarboro, NC 27886
      View Details
    • $1,310,360

      278.8 Acre Farm For Sale

      278.8 acre farm with cropland and pine plantation.
      1 Nc Highway 33, Tarboro, NC 27886
      View Details
    • $25,000

      Residential Lot in Tarboro, NC

      0.32-acre vacant residential lot in established Tarboro community.
      701 E Battle Avenue, Tarboro, NC 27886
      View Details
    • $1,900,210

      Edgecombe County Farm For Sale

      404.3 acre farm with income potential near Tarboro, NC.
      2 Nc Highway 33, Tarboro, NC 27886
      View Details
    • $600,000

      Riverfront Retreat & Hunting Cabin

      39.74-acre property with river frontage, cabin, and hunting infrastructure.
      Highway 42, Tarboro, NC 27886
      View Details
    • $400,000

      Land Near Future I-87

      9.47 acres near future I-87 corridor in Tarboro, NC.
      Mcnair Road, Tarboro, NC 27886
      View Details
    • $400,000
      2,481 SF

      Commercial Building with Grill Area

      Commercial building with grill, coolers, game room, and parking.
      10183 Us 258, Tarboro, NC 27886
      View Details
    • $58,000

      Tarboro Land: Private Escape

      1.81 acre wooded lot inside city limits, no restrictions.
      1909 Barlow Road, Tarboro, NC 27886
      View Details
    • $3,073,950

      Edgecombe County Farm on Highway 33

      683.1 acre farm with income potential near Tarboro, NC.
      Nc Highway 33, Tarboro, NC 27886
      View Details
    • $725,000
      10,080 SF

      Former Fitness Center on US258

      Retail or fitness opportunity near major retailers and highway access.
      1709 Us258, Tarboro, NC 27886
      View Details
    • $35,000

      Residential Lot in Tarboro, NC

      Wooded lot in established neighborhood, convenient location.
      107 Briarwood Court lot: 23, Tarboro, NC 27886
      View Details
    • $90,000

      Residential Land in Quiet Neighborhood

      Almost 6 acres for a dream home, convenient location.
      109 Briarwood Court lot: 22, Tarboro, NC 27886
      View Details

    FAQs

    What type of property is this?
    Land - 1.28 acre lot with soil evaluation and no restrictions.
    Where is this land located?
    The property is located at Burnette Farm Road Tarboro, NC.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: One acre plus property size offers ample space.; No restrictions on the property provide flexibility.; Soil evaluation completed.
    (252) 823-2257
    We can help!
    Listing Contact
    Carlton L. Jones
    Real Estate License ID: 142313
    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!