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

    Lloyd Corey Road, Robersonville, NC 27871

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $40,000

    LAND - Robersonville, NC

    Lot size:
    2.00 Acres
    Added:
    Jun 24, 2025
    Days on Market:
    332
    Last Refresh:
    May 21 at 7:06 pm

    Property Features for Lloyd Corey Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active Under Contract
    APN
    92908
    Lot size
    2.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Deer Creek Trails

    We can help!

    Listing Contact
    MIKE JAMES

    Listing agent MIKE JAMES License #204316

    Listing office Grimes Real Estate Group 1202 A E Firetower Rd, Greenville, NC

    Listing date Jun 24, 2025

    MLS# 100515573 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

    • Large 2.00 acre cleared lot ready for construction
    • Opportunity to build a custom dream home
    • Minimum house size of 1700 Sqft
    • Builders are available
    • No modular or manufactured homes allowed, ensuring property value
    • Specific location coordinates provided for easy identification

    Overview

    This is a 2.00-acre cleared residential lot suitable for building a home. Located in Robersonville, North Carolina, the property has a minimum size requirement of 1,700 square feet for new construction. Modular or manufactured homes are not permitted. Builders are available for the property.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Robersonville
    County
    Martin
    State
    North Carolina
    Longitude
    -77.230165
    Latitude
    35.751904

    Nearby Similar for Sale

    • $50,000
      1,740 SF

      Robersonville Commercial Property Package

      Five parcels in Robersonville, NC, including a 1,740 SF building.
      108 Main St, Robersonville, NC 27871
      View Details
    • $85,000

      Residential Lots in Robersonville, NC

      Land with city utilities, suitable for doublewide mobile homes.
      1024 Coburn Lane, Robersonville, NC 27871
      View Details
    • $12,500

      Land in Robersonville, NC

      Approximately 1 acre of land inside town limits.
      207 NE Railroad Street, Robersonville, NC 27871
      View Details
    • $100,000

      Unrestricted Land Near Robersonville, NC

      25.62 acres of unrestricted land ready for new owners.
      1334 Meeks Road, Robersonville, NC 27871
      View Details
    • $12,000

      Residential Lot in Robersonville, NC

      Residential lot suitable for stick-built or modular home.
      413 Pecan Street lot: 5, Robersonville, NC 27871
      View Details
    • $22,000

      Robersonville, NC Country Lot

      0.69 acre lot ideal for investment or building.
      6688 Hassell Road, Robersonville, NC 27871
      View Details
    • $125,000

      Highway Frontage Vacant Land

      11.74 acres of vacant land with highway access.
      Us Highway 64 lot: 4 & 5, Robersonville, NC 27871
      View Details
    • $49,900

      Cleared Residential Lot in Robersonville

      2.09 acre cleared, level lot with septic permit.
      8047 Bear Grass Road lot: C, Robersonville, NC 27871
      View Details
    • $43,000

      Residential Lot in Robersonville, NC

      Large residential lot with building restrictions, no city taxes.
      Lloyd Corey Road lot: 6, Robersonville, NC 27871
      View Details
    • $50,000
      1,740 SF

      Downtown Robersonville Mixed-Use Property

      Five parcels totaling 0.6 acres with a 1,740-SF building.
      108 North Main Street, Robersonville, NC 27871
      View Details
    • $52,500

      Robersonville Vacant Land For Sale

      5-acre vacant land near US Highway 64 in Robersonville, NC.
      Us Highway 64 lot: 1, Robersonville, NC 27871
      View Details
    • $49,900

      Residential Lot in Bear Grass

      2.09-acre cleared, level lot in Bear Grass community.
      7973 Bear Grass Road lot: B, Robersonville, NC 27871
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.00 acre residential lot ready for new construction.
    Where is this residential land & home lot located?
    The property is located at Lloyd Corey Road Robersonville, NC.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: Large 2.00 acre cleared lot ready for construction; Opportunity to build a custom dream home; Minimum house size of 1700 Sqft
    (252) 531-9258
    We can help!
    Listing Contact
    MIKE JAMES
    Real Estate License ID: 204316
    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
    Lloyd Corey Road, Robersonville, NC 27871
    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!