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

    Poplar Drive lot 7, Macon, NC 27551

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at Poplar Drive lot 7, Macon, NC
    Pending
    Contact for pricing

    LAND - Macon, NC

    Lot size:
    0.50 Acres
    Added:
    Jul 17, 2023
    Days on Market:
    1053
    Last Refresh:
    Jun 3 at 7:06 am

    Property Features for Poplar Drive lot 7

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Lot size
    0.50 Acres

    Taxes and HOA fees

    Tax Description
    Lot 7 West Annex Lge

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Septic Needed

    We can help!

    Listing Contact
    Simone Gardner
    Simone Gardner

    Listing agent Simone Gardner License #298385

    Listing office Simone Gardner Real Estate Gro 1424 Heron Pond Street, Raleigh, NC

    Listing date Jul 17, 2023

    MLS# 2521970 Listing URL

    Copyright © 2026 Doorify 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

    • Golf course lot in Lake Gaston Estates
    • Access to boat ramp and community swimming area
    • Large .50 acre lot
    • Located at the end of a cul‑de‑sac for privacy
    • Electricity Available
    • Suitable for primary or second home

    Overview

    This 0.50-acre residential lot is located in the Lake Gaston Estates subdivision in Macon, North Carolina. Situated on Poplar Drive, lot 7, at the end of a cul-de-sac, the property offers a private setting within Warren County. The lot is located on the golf course and provides access to a community boat ramp and swimming area. It is suitable for building a primary or secondary home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Macon
    County
    Warren
    State
    North Carolina
    Longitude
    -78.025915
    Latitude
    36.496835

    Nearby Similar for Sale

    • $585,000

      Lakefront Lot with Boathouse

      Premier Lake Gaston lot with rebuilt double boathouse.
      348 Harbor Drive, Macon, NC 27551
      View Details
    • $249,000

      Waterfront Lot in Macon, NC

      0.74 acre waterfront lot with natural light and privacy.
      Stewart Payne Lane lot: 32, Macon, NC 27551
      View Details
    • $279,000

      Versatile Land in Macon, NC

      39.87 acres of land with road frontage and development potential.
      372 Embro Odell Rd, Macon, NC 27551
      View Details
    • $150,000

      Waterfront Land in Pinnacle Shores

      Gently sloped waterfront lot near Hawtree Creek Public Boat Ramp.
      234 Sail View Ln lot: 38, Macon, NC 27551
      View Details
    • $27,500

      Lakeside Lot in Gated Community

      2.45-acre lot with lake access and community amenities.
      Harbor Drive lot: 80, Macon, NC 27551
      View Details
    • $22,000

      Residential Building Lot Near Lake

      Nearly one acre residential building lot in Warren County.
      Slick Williams Road, Macon, NC 27551
      View Details
    • $16,500

      Land in Lake Gaston Estates

      Residential lot with amenities in Lake Gaston Estates.
      Summer Place, Macon, NC 27551
      View Details
    • $29,000

      Secluded Lakeside Lot in Macon

      2.5 acre vacant lot in gated Harbor Landing subdivision.
      Landing Court lot: 70, Macon, NC 27551
      View Details
    • $15,000

      Residential Lot Near Lake Gaston

      0.47 acre lot with access to Lake Gaston amenities.
      118 Gaston Oaks Lane lot: 59, Macon, NC 27563
      View Details
    • $24,900

      Residential Lot in Lake Gaston

      Half-acre residential lot with community Lake Gaston access.
      166 Mariner Court lot: 166, Macon, NC 27551
      View Details
    • $15,000

      Residential Lot in Water Access

      Residential lot with water access, picnic, swim, and boat launch.
      S Holiday Drive lot: 52, Macon, NC 27551
      View Details
    • $19,500

      Lake Gaston Residential Lot

      Residential lot in Wills Landing with lake access.
      124 Maude Lane lot: 68, Macon, NC 27551
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot with golf course, boat ramp, and swimming access.
    Where is this residential land & home lot located?
    The property is located at Poplar Drive lot 7 Macon, 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: Golf course lot in Lake Gaston Estates; Access to boat ramp and community swimming area; Large .50 acre lot
    (704) 451-8476
    We can help!
    Listing Contact
    Simone Gardner
    Simone Gardner
    Real Estate License ID: 298385
    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
    Poplar Drive lot: 7, Macon, NC 27551
    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!