Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Fairmont, NC Land Opportunity Title is generated by Realmo AI

    Cowpen Swamp Road lot 18, Fairmont, NC 28340

    View on Map
    Claim this Listing
    For Sale
    $120,000

    LAND - Fairmont, NC

    Lot size:
    15.30 Acres
    Added:
    Oct 2, 2025
    Days on Market:
    244
    Last Refresh:
    Jun 2 at 4:06 am

    Property Features for Cowpen Swamp Road lot 18

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RA
    Standard status
    Active
    APN
    28040200102
    Lot size
    15.30 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    BOTH SIDES SR 2476 and AC COWPEN

    Utilities

    Utilities
    Phone Available

    We can help!

    Listing Contact
    Marty Lanier

    Listing agent Marty Lanier License #254671

    Listing office Rock Creek Land Company, LLC 604 George II Hwy SE, Winnabow, NC

    Listing date Oct 2, 2025

    MLS# 100534044 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.

    HighLights

    • Quiet rural location near the South Carolina state line, ideal for peaceful living.
    • Essential utilities available: electric, fiber optic, telephone, and county water.
    • Enjoy recreational opportunities with hunting (deer, turkeys, doves, small game) and fishing in a 2+\/- acre pond.
    • Suitable for residential, hunting, or agricultural uses, with potential for a horse farm.
    • Proximity to Lumber River, a nationally designated Wild and Scenic River, offering fishing, canoeing, and duck hunting.
    • No HOA restrictions, providing greater freedom and flexibility.

    Overview

    Located on Cowpen Swamp Road south of Fairmont in Robeson County, North Carolina, this 15.3-acre farm resides in a quiet rural area near the South Carolina state line. The property includes a 2+/- acre pond suitable for fishing. Available utilities include electric, fiber optic, telephone service, and county water. The primary soil types are Goldsboro, Norfolk, and Bibb. Wildlife such as deer, turkeys, doves, and small game inhabit the farm, offering hunting opportunities. The property is suitable for residential, hunting, or agricultural use, including a potential horse farm. Robeson County is home to the University of North Carolina at Pembroke. Lumberton, the county seat, provides shopping, dining, and hospital amenities. The Lumber River, a nationally designated Wild and Scenic River, is nearby, offering opportunities for fishing, canoeing, and duck hunting. Additional tracts are available. Restrictions include no single wide mobile homes and no mobile homes over 5 years old are allowed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Fairmont
    County
    Robeson
    State
    North Carolina
    Longitude
    -79.176331
    Latitude
    34.391018

    Nearby Similar for Sale

    • $200,000
      3,680 SF

      Versatile Office & Warehouse Space

      Commercial property with office and warehouse space in Fairmont, NC.
      710 Walnut Street, Fairmont, NC 28340
      View Details
    • $120,000

      Fairmont NC Farmland Opportunity

      26.18 acres of agricultural and timber land near Lumber River.
      Sand Rock Road, Fairmont, NC 28340
      View Details
    • $150,000

      Farmland in Rural Robeson County

      27 acres of cleared land near Lumber River.
      Sand Rock Road, Fairmont, NC 28340
      View Details
    • $150,000

      Fairmont, NC Agricultural Land

      27 acres of cleared land near Lumber River.
      Sand Rock Road, Fairmont, NC 28340
      View Details
    • $120,000

      Fairmont, NC Agricultural Land

      27 acres of cleared land in Robeson County, North Carolina.
      Sand Rock Road, Fairmont, NC 28340
      View Details
    • $795,000
      6,889 SF

      Medical/Office Building in Fairmont, NC

      6,889 SF medical/office building for sale in Fairmont, NC.
      1212 S WALNUT Street S, Fairmont, NC 28340
      View Details
    • $300,000

      Fairmont, NC Land Opportunity

      31.75 acres of land in Fairmont, North Carolina.
      Pittman Loop Road, Fairmont, NC 28364
      View Details
    • $115,000

      Fairmont Land with Development Potential

      7.7 acres near Fairmont, NC, with no deed restrictions.
      7.7 Ac +/- McKellar Road lot: 4 And 5, Fairmont, NC 28340
      View Details
    • $115,000

      Fairmont Land: Freedom and Space

      7.7 acres of unrestricted land near Fairmont, North Carolina.
      McKellar Road, Fairmont, NC 28340
      View Details
    • $49,999

      Land in Quiet Fairmont Community

      7.99 acres of land with utilities, no HOA.
      E Raynham Road, Fairmont, NC 28340
      View Details
    • $49,999

      Tranquil Land in Fairmont, NC

      7.99 acres of land near Lumber River.
      Tract 2 E Raynham Road lot: 2, Fairmont, NC 28340
      View Details
    • $55,000

      Heavily Wooded Residential Lot

      5.74 acre wooded lot in quiet rural area.
      NC Hwy 130, Fairmont, NC 28340
      View Details

    FAQs

    What type of property is this?
    Farm - 15.3 acre farm with pond near Lumber River.
    Where is this farm located?
    The property is located at Cowpen Swamp Road lot 18 Fairmont, NC.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: Quiet rural location near the South Carolina state line, ideal for peaceful living.; Essential utilities available: electric, fiber optic, telephone, and county water.; Enjoy recreational opportunities with hunting (deer, turkeys, doves, small game) and fishing in a 2+\/- acre pond.
    (910) 617-4326
    We can help!
    Listing Contact
    Marty Lanier
    Real Estate License ID: 254671
    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

    Thank You for Inquiry
    Cowpen Swamp Road lot: 18, Fairmont, NC 28340
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!