Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Midway Road lot 2 Maxton, NC 28364

    View on Map
    Pending
    $35,000

    LAND - Maxton, NC

    Lot size:
    5.80 Acres
    Added:
    Jan 30, 2025
    Days on Market:
    426
    Last Refresh:
    Apr 1 at 8:06 am

    Property Features for Midway Road lot 2

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Pending
    APN
    01110100103
    Lot size
    5.80 Acres

    Taxes and HOA fees

    TaxDescription
    N/S SR # 1131 LT 2

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    NATALIE LEWIS

    Listing agent NATALIE LEWIS License #157699

    Listing office LEWIS REALTY 600 N ELM STREET, LUMBERTON, NC

    Listing date Jan 30, 2025

    MLS# 738147 Listing URL

    Copyright © 2026 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Maxton, NC Land For Sale

    This 5.8-acre property in Maxton, North Carolina, is suitable for hunting and outdoor activities. It is located in Robeson County. Septic improvement permits are available, indicating the property will perk. The land offers a location to build a home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Maxton
    County
    Robeson
    State
    North Carolina
    Longitude
    -79.295575
    Latitude
    34.63018

    Nearby Similar for Sale

    • $169,900

      Maxton Land Ideal Home Site

      31-acre land suitable for building a home or mini-farm.
      Mcgirt Road lot: 2, Maxton, NC 28364
      View Details
    • $117,500

      23.45 Acres in Maxton, NC

      23.45 acres suitable for mobile home park or homestead.
      Maxton Pond Road N, Maxton, NC 28364
      View Details
    • $80,000

      Land For Sale in Maxton

      6.9 acre farm property near Maxton, North Carolina.
      2898 McGirt Gin Road, Maxton, NC 28364
      View Details
    • $15,000

      Residential Land in Maxton, NC

      Open lot ready for a home in a country setting.
      Modest Road, Maxton, NC 28364
      View Details
    • $18,000

      Residential Lot in Country Setting

      Open lot ready for a home in Maxton, North Carolina.
      Modest Road, Maxton, NC 28364
      View Details
    • $84,900

      Residential Agricultural Land Near Maxton

      22.09 acres of residential agricultural land in Robeson County.
      Gaddy'S Mill Rd, Maxton, NC 28364
      View Details
    • $345,000

      115 Acres Hunting Land, Maxton

      115 acres of hunting land suitable for residence or cabin.
      4068 Midway Road, Maxton, NC 28364
      View Details
    • $189,900

      Maxton, NC Land For Sale

      31.11 acres of land ideal for building or farming.
      Mcgirt Road lot: 4, Maxton, NC 28364
      View Details
    • $25,000

      Residential Land in Robeson County

      1.1-acre property suitable for homes near Maxton and Laurinburg.
      Nc 83 Hwy, Maxton, NC 28364
      View Details
    • $375,000

      Commercial Land Near I-74 Exit

      5-acre commercial site with I-74 access in Robeson County.
      13903 0Hwy 74 W, Maxton, NC 28364
      View Details
    • $20,000

      Two Adjoining Lots For Sale

      Two spacious lots totaling 1.25 acres, ideal for building.
      TBD-Near Rockingham Rd Street, Maxton, NC 28364
      View Details
    • $1,425,000
      3,736 SF

      Expansive Farmland with Residential Comfort

      +/- 288.75-acre farmland with a +/- 3,736 sq ft house.
      2740 Nc Hwy 71 N, Maxton, NC 28364
      View Details

    FAQs

    What type of property is this?
    Land - 5.8 acres of land perfect for hunting or building.
    Where is this land located?
    The property is located at Midway Road lot 2 Maxton, NC.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: Septic improvement permits available (property will perk).; Suitable for hunting and outdoor activities.; Potential homesite.
    (910) 608-7377
    We can help!
    Listing Contact
    NATALIE LEWIS
    Real Estate License ID: 157699
    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!