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

    S Ethel Street Selma, NC 27576

    View on Map
    Pending
    Contact for pricing

    LAND - Selma, NC

    Lot size:
    0.13 Acres
    Added:
    Feb 10, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 1 at 1:06 am

    Property Features for S Ethel Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RES
    Vegetation
    Cleared, Grassed
    Fencing
    Fenced, Chain Link
    Standard status
    Pending
    APN
    14031001E
    Lot size
    0.13 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    1/2 OF L11 &1/4 L12TEMPLE
    TaxAnnualAmount
    202

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Beth Hines
    Beth Hines

    Listing agent Beth Hines License #192858

    Listing office RE/MAX SOUTHLAND REALTY II 5160 Veterans Parkway, Garner, NC

    Listing date Feb 10, 2026

    MLS# 10145692 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.

    Overview

    Residential Land in Selma, NC

    This residential land is located within the Selma city limits. The 0.13-acre lot is fully fenced with chain-link fencing. The property is situated conveniently near shopping and dining options, as well as the Carolina Premium Outlets. It also provides easy access to Hwy 301, Hwy 70, and I-95.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Selma
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.2927
    Latitude
    35.536704

    Nearby Similar for Sale

    • $540,000
      3,050 SF

      New Duplex with Tenant Occupancy

      New duplex in Selma, NC, with tenant occupancy.
      203 N Sellers Street unit: A&B, Selma, NC 27576
      View Details
    • $449,000
      3,060 SF

      New Duplex in Selma, NC

      New construction duplex with 3 bedrooms and 2.5 baths.
      406 E Waddell Street unit: B, Selma, NC 27576
      View Details
    • $3,400,000
      16,930 SF

      Selma Multifamily Investment Opportunity

      New multifamily residences in downtown Selma, built between 2023-2025.
      207 N Sellers Street, Selma, NC 27576
      View Details
    • $479,900

      Selma, NC Land Opportunity

      20 acres with road frontage, development potential, convenient location.
      River Run Road, Selma, NC 27576
      View Details
    • $479,900

      Selma, NC Land Opportunity

      20 acres of farmland with development potential near I-95.
      River Run Road, Selma, NC 27576
      View Details
    • $110,000

      2.4 Acres Corner Lot Selma

      2.4-acre corner lot with road frontage, suitable for recreation/agriculture.
      26 Phillips Road, Selma, NC 27576
      View Details
    • $575,000

      Selma, NC Land Opportunity

      Approximately 12 acres of land available in Selma, North Carolina.
      Riquel Drive, Selma, NC 27576
      View Details
    • $1,353,450

      38 Acres in Selma, NC

      38-acre land parcel at NC Hwy 96 and Old Beulah Road.
      N Nc Hwy 96, Selma, NC 27576
      View Details
    • $83,000

      Selma, NC Land Opportunity

      Spacious lot near amenities, ideal for building your dream home.
      N Webb Street, Selma, NC 27576
      View Details
    • $140,000

      Selma, NC Land Opportunity

      3.4 acres of land ready for development in Selma.
      5493 Nc 39, Selma, NC 27576
      View Details
    • $2,585,000
      11 SF

      Selma Commercial Land For Sale

      11.75 acres of commercial land near Carolina Premium Outlets.
      1749 Outlet Center Drive, Selma, NC 27576
      View Details
    • $1,080,250

      43 Acres on Campground Road

      43 acres of land for sale in Selma, North Carolina.
      Campground Road, Selma, NC 27576
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Fenced residential land within Selma city limits, convenient location.
    Where is this residential land & home lot located?
    The property is located at S Ethel Street Selma, 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: Fully fenced yard with chain‑link fencing.; Conveniently located within Selma city limits.; Minutes from shopping and dining.
    (919) 868-6316
    We can help!
    Listing Contact
    Beth Hines
    Beth Hines
    Real Estate License ID: 192858
    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!