Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lot in Snow Hill Title is generated by Realmo AI

    Greenacres Road lot 2, Snow Hill, NC 28580

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at Greenacres Road lot 2, Snow Hill, NC
    For Sale
    Contact for pricing

    LAND - Snow Hill, NC

    Lot size:
    0.45 Acres
    Added:
    Jul 24, 2024
    Days on Market:
    665
    Last Refresh:
    May 19 at 10:06 am

    Property Features for Greenacres Road lot 2

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    0307147
    Lot size
    0.45 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    673/873

    We can help!

    Listing Contact
    Ronald Bartlett
    Ronald Bartlett

    Listing agent Ronald Bartlett License #243171

    Listing office RE/MAX Complete 2711 CASHWELL DR., Goldsboro, NC

    Listing date Jul 24, 2024

    MLS# 100457699 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

    • Vacant lot ready for development
    • Located in a desirable neighborhood
    • Convenient access to restaurants and shopping
    • Very convenient to surrounding towns
    • Geographic coordinates provided for precise location
    • Opportunity to build a custom home or investment property

    Overview

    This vacant residential lot is located in a desirable neighborhood in Snow Hill, North Carolina. The property is conveniently located near dining and shopping options and offers easy access to surrounding towns. The lot size is approximately 0.45 acres. The zoning is residential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Snow Hill
    County
    Greene
    State
    North Carolina
    Longitude
    -77.640819
    Latitude
    35.427286

    Nearby Similar for Sale

    • $649,900

      65 Acres Agricultural Land

      Prime agricultural land with subdivision potential near Greenville and Goldsboro.
      2541 Free Gospel Road, Snow Hill, NC 28580
      View Details
    • $25,000

      Pond-View Lot in Cutter Creek

      Cleared lot ready for custom home in amenity-rich community.
      136 Pinewood Cove lot: 86, Snow Hill, NC 28580
      View Details
    • $359,000

      Versatile Land with Barn

      Over 14 acres of land with potential wedding venue.
      615 Dixon Dead End Road, Snow Hill, NC 28580
      View Details
    • $60,000

      Residential Land in Snow Hill

      3.83 acre residential lot with road frontage.
      Kearney Cemetery Road, Snow Hill, NC 28580
      View Details
    • $389,500

      Expansive Land in Greene County

      48-acre property in Snow Hill, NC, ideal for homesteading.
      2156 Mewborn Church Road, Snow Hill, NC 28580
      View Details
    • $30,000

      Vacant Lot in Cutter Creek

      0.24-acre vacant lot, ideal for building a home.
      170 Weeping Willow Court lot: 170, Snow Hill, NC 28580
      View Details
    • $38,000

      Residential Lot in Holden Ridge

      0.58-acre residential lot in Snow Hill, North Carolina.
      401 Anna Lane lot: 5, Snow Hill, NC 28580
      View Details
    • $38,000

      Residential Lot in Holden Ridge

      0.68-acre residential lot in Snow Hill, North Carolina.
      407 Anna Lane lot: 8, Snow Hill, NC 28580
      View Details
    • $38,000

      Residential Lot in Holden Ridge

      0.56-acre residential lot in Snow Hill, North Carolina.
      405 Anna Lane lot: 7, Snow Hill, NC 28580
      View Details
    • $38,000

      Residential Lot in Holden Ridge

      Residential lot in Snow Hill's Holden Ridge subdivision.
      403 Anna Lane lot: 6, Snow Hill, NC 28580
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Vacant residential lot in a convenient Snow Hill location.
    Where is this residential land & home lot located?
    The property is located at Greenacres Road lot 2 Snow Hill, 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: Vacant lot ready for development; Located in a desirable neighborhood; Convenient access to restaurants and shopping
    (919) 345-5328
    We can help!
    Listing Contact
    Ronald Bartlett
    Ronald Bartlett
    Real Estate License ID: 243171
    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

    Thank You for Inquiry
    Greenacres Road lot: 2, Snow Hill, NC 28580
    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!