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

    Lot 5 Morosko Lane Pilot Mountain, NC 27041

    View on Map
    For Sale
    Under Contract
    Contact for pricing

    Agriculture - Pilot Mountain, NC

    Type:Agriculture
    Lot size:
    2.10 Acres
    Added:
    Jan 30, 2026
    Days on Market:
    64
    Last Refresh:
    Apr 4 at 6:06 pm

    Property Features for Lot 5 Morosko Lane

    General Information

    Property type
    Land
    Property subtype
    Agriculture
    Zoning
    RA
    Vegetation
    Wooded
    Exterior features
    Natural Land, Wooded
    Standard status
    Active Under Contract
    Lot size
    2.10 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Donna Kiger
    Donna Kiger

    Listing agent Donna Kiger

    Listing office Real Broker LLC 5960 Fairview Rd., Suite 400, greensboro, NC

    Listing date Jan 30, 2026

    MLS# 1206185 Listing URL

    Copyright © 2026 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pilot Mountain Homesite Opportunity

    Discover the privacy and natural beauty of Lot #5 on Morosko Lane. This 2.101 acre tract offers a peaceful setting, an ideal backdrop for a future homesite or private retreat. The land is currently part of a larger 12-acre parcel that has been surveyed and will be divided at closing. The property is located in Pilot Mountain, North Carolina. The zoning is RA. The tax value currently reflects the entire 12-acre parent parcel and will be adjusted after subdivision. The property offers room to spread out while still being within convenient distance to town. This property is intended for residential use. Please refer to the attached plat map for proposed boundaries.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Auto Repair Shop Grocery & Convenience Store Electrical Service Butcher

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pilot Mountain
    County
    Surry
    State
    North Carolina
    Longitude
    -80.53654
    Latitude
    36.440242

    Nearby Similar for Sale

    • $119,990

      Residential Land in Pilot Mountain

      5.4-acre residential lot with creek access near Pilot Mountain.
      310 Jessup Grove Church Road, Pilot Mountain, NC 27041
      View Details
    • $95,000

      Pilot Mountain Mini-Farm Opportunity

      7.6 acres near Pilot Mountain with mini-farm potential.
      00 Golf Course Road, Pilot Mountain, NC 27041
      View Details
    • $35,000

      Land in Pilot Mountain, NC

      2.299 acre lot for site-built home in Pilot Mountain.
      00 Whitaker Chapel Road, Pilot Mountain, NC 27041
      View Details
    • $175,000

      Pilot Mountain Recreational Land For Sale

      20.6 acres of recreational land with creek and trails.
      Gilley Road, Pilot Mountain, NC 27041
      View Details
    • $100,000

      Pilot Mountain Vacant Land Parcel

      11.87 acres of vacant land in Pilot Mountain, NC.
      0 NC Highway 268, Pilot Mountain, NC 27041
      View Details
    • $65,000

      Pilot Mountain Land with Stream

      6.16± acre tract with stream near town.
      Lot 6 Morosko Lane, Pilot Mountain, NC 27041
      View Details
    • $850,000

      Pilot Mountain Investment Opportunity

      Commercial building complex with multiple tenants and expansion potential.
      Tbd S Key Street, Pilot Mountain, NC 27041
      View Details
    • $650,000

      Pilot Mountain Commercial Land Available

      Commercial land with approvals and multi-purpose usage near Pilot Mountain.
      00 Golf Course Road, Pilot Mountain, NC 27041
      View Details
    • $1,287,000

      Versatile Mixed-Use Pilot Center

      Historic charm meets modern amenities in Pilot Mountain.
      612 E Main Street, Pilot Mountain, NC 27041
      View Details
    • $615,000

      Pilot Mountain Agricultural Land For Sale

      97 acres between Mount Airy and Pilot Mountain, North Carolina.
      1096-1238 Cook School Road, Pilot Mountain, NC 27041
      View Details
    • $75,000

      Land with Mountain Views

      Residential land in Pilot Mountain with Blue Ridge views.
      00 Whitaker Chapel Road, Pilot Mountain, NC 27041
      View Details
    • $55,000

      Wooded Residential Lots Near Park

      Three wooded lots near NC State Park Corridor.
      00 Knollcrest Drive, Pilot Mountain, NC 27041
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.1 acre homesite in Pilot Mountain, North Carolina.
    Where is this residential land & home lot located?
    The property is located at Lot 5 Morosko Lane Pilot Mountain, 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: 2.1± acre tract of land offering privacy and natural beauty.; Peaceful setting ideal for a homesite or private retreat.; Land is surveyed and will be divided at closing.
    (336) 971-5247
    We can help!
    Listing Contact
    Donna Kiger
    Donna Kiger
    Real Estate License ID: 277780
    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!