Sign Up Successful!
You now have access to more from Realmo!
    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

    Graves Dr Goldsboro, NC 27534

    Sponsored
    For Sale
    Pending
    $1,900,000

    COMMERCIAL - Goldsboro, NC

    Lot size:
    4.93 Acres
    Days on Market:
    16
    Last Refresh:
    Jan 30 at 10:06 pm

    Property Features for Graves Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Zoning
    GB
    APN
    3519319729
    Lot size
    4.93 Acres

    We can help!

    Listing Contact
    Bob Logan
    Bob Logan

    Wayne Realty (919) 735-1341

    Listing agent Bob Logan (919) 735-1876 License #72422

    Listing date Jan 15, 2026

    MLS# 100419311 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

    Commercial Land in Goldsboro, NC

    This commercial land, approximately 4.93 acres, is available for sale. The property is located beside Georgetowne Office Park in Goldsboro, Wayne County, North Carolina. The zoning is GB.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Goldsboro
    County
    Wayne
    State
    North Carolina
    Longitude
    -77.947223
    Latitude
    35.371634

    Nearby Similar for Sale

    • $1,100,000
      11,455 SF

      Goldsboro Mixed-Use Investment Opportunity

      Recently renovated mixed-use property in downtown Goldsboro with income potential.
      205-207 E Walnut St, Goldsboro, NC 27530
      View Details
    • $349,000
      2,232 SF

      Goldsboro Duplex with Fenced Yard

      Income property in Goldsboro with upgrades and fenced yard.
      2800 Ridgecrest Dr, Goldsboro, NC 27534
      View Details
    • $425,000
      2,370 SF

      Goldsboro Retail Plaza For Sale

      Two-tenant plaza with hair salon and redevelopment potential in Goldsboro.
      698 E New Hope Rd, Goldsboro, NC 27534
      View Details
    • $755,000
      1,208 SF

      Goldsboro NC 6-Unit Apartment Complex

      Six-unit apartment complex with upside potential in Goldsboro, NC.
      1400 Clingman St, Goldsboro, NC 27534
      View Details
    • $549,999
      4,064 SF

      Restaurant with Attached Living Quarters

      Restaurant with living space near new interstate and local attractions.
      246 N Carolina 581 S, Goldsboro, NC 27530
      View Details
    • $990,000
      6,537 SF

      Goldsboro Retail Building For Sale

      Retail building on a 1.18-acre lot in Goldsboro, NC.
      1406 W Gramtham St, Goldsboro, NC 27530
      View Details
    • $650,000
      30,492 SF

      Goldsboro Multifamily Investment Opportunity

      Ten-unit multifamily package in Goldsboro, NC, ideal for investors.
      900 S Hopkins St, Goldsboro, NC 27530
      View Details
    • $500,000
      4,100 SF

      Goldsboro Commercial Property For Sale

      Commercial building and multiple lots in Goldsboro, North Carolina.
      423 S James St, Goldsboro, NC 27530
      View Details
    • $1,200,000
      11,325 SF

      Goldsboro Corner Property with Drive-Thru

      11,325 SF corner property on a busy commercial corridor.
      806 E Ash St, Goldsboro, NC 27530
      View Details
    • $750,000

      Industrial Flex Property Goldsboro, NC

      Versatile industrial flex property with office and warehouse space.
      855 Nc 111 Hwy, Goldsboro, NC 27534
      View Details
    • $675,000

      Restaurant or Business Opportunity

      Restaurant or business location near convention center and hotel.
      1901 N Berkeley Blvd, Goldsboro, NC 27534
      View Details
    • Contact for pricing
      60,000 SF

      Goldsboro Warehouse with Loading Docks

      60,000 SF warehouse with fenced improvements and loading docks.
      3715 Central Heights Rd, Goldsboro, NC 27534
      View Details

    FAQs

    What type of property is this?
    Commercial land - Approximately 4.93 acres of commercial land available for sale.
    Where is this commercial land located?
    The property is located at Graves Dr Goldsboro, NC.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - Approx. 4.93 acres of Commercial Land; - Location beside Georgetowne Office Park; - Commercial Land Available
    (919) 735-1876
    Request Owner's contact information
    Graves Dr Goldsboro, NC 27534
    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.
    Graves Dr
    Goldsboro, NC 27534
    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
    Graves Dr Goldsboro, NC 27534
    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
    Bob Logan
    Bob Logan
    Real Estate License ID: 72422
    (919) 735-1876
    Learn more
    Google sign-in failed. Please try again or use another login method.