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

    Tice Road Williamston, NC 27892

    View on Map
    For Sale
    Under Contract
    $132,900

    LAND - Williamston, NC

    Lot size:
    31.18 Acres
    Added:
    Oct 30, 2025
    Days on Market:
    159
    Last Refresh:
    Apr 6 at 9:06 am

    Property Features for Tice Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    A
    Standard status
    Active Under Contract
    APN
    0300513
    Lot size
    31.18 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Tice Woods E/S Tice Road
    Tax Annual Amount
    428

    We can help!

    Listing Contact
    PAUL ROBERSON

    Listing agent PAUL ROBERSON License #218973

    Listing office Riverside Realty Group, Inc. 2289 W 5th Street, Washington, NC

    Listing date Oct 30, 2025

    MLS# 100538810

    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.

    Overview

    31.18 Acres Wooded Land

    This property features 31.18 acres of wooded land situated in the Farm Life community, approximately halfway between Williamston and Washington, North Carolina. The tract offers over 1,200 feet of road frontage, making it suitable for recreational enjoyment, hunting, or potential future homesite use. Note that a soil evaluation has not been completed and will be the responsibility of the buyer. Located in a quiet rural setting, the land provides space and privacy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Williamston
    County
    Martin
    State
    North Carolina
    Longitude
    -76.0477661
    Latitude
    36.4919227

    Nearby Similar for Sale

    • $57,500

      Downtown Commercial Land in Williamston

      Commercial or mixed-use land in downtown Williamston, North Carolina.
      806 Park Street, Williamston, NC 27892
      View Details
    • $46,000

      Williamston Vacant Land Opportunity

      2.69+/- acre vacant lot in Hidden Lakes subdivision.
      1185 Watercress Road, Williamston, NC 27892
      View Details
    • $35,000

      Cleared Commercial Lot Ready

      Cleared commercial lot in Jamesville, ready for development.
      1860 Main Street, Williamston, NC 27892
      View Details
    • $27,500

      Residential Lot Ready for Development

      0.69-acre lot outside Williamston, NC, ready for development.
      Alexander Lane, Williamston, NC 27892
      View Details
    • $139,000

      26.51 Acres of Mixed Land

      Land with cleared and wooded areas, suitable for various uses.
      9249 Prison Camp Road, Williamston, NC 27892
      View Details
    • $21,900

      One Acre Lot in Williamston

      One-acre lot with utilities, suitable for home or investment.
      Clydes Drive, Williamston, NC 27892
      View Details
    • $10,000

      Vacant Lot on Main Street

      Vacant lot near downtown with development potential.
      817 W Main Street, Williamston, NC 27892
      View Details
    • $47,500

      Williamston, NC Wooded Lot

      2.57-acre wooded lot near Williamston, NC, with potential.
      Williams Road, Williamston, NC 27892
      View Details
    • $445,000
      17,394 SF

      Spacious Downtown Storefront with Warehouse

      Large storefront property with warehouse and ample parking.
      200 W Main Street, Williamston, NC 27892
      View Details
    • $475,000

      Prime Commercial Land For Sale

      1.10-acre commercial land parcel in Williamston, North Carolina.
      8 Brentway Avenue, Williamston, NC 27892
      View Details
    • $465,000

      Prime Commercial Land Opportunity

      1.00-acre corner parcel in Williamston, North Carolina, for sale.
      9 Brentway Avenue, Williamston, NC 27892
      View Details
    • $495,000

      Prime Commercial Lot on HWY 17

      1.3-acre commercial lot on HWY 17 in Williamston, NC.
      1399 Washington Street, Williamston, NC 27892
      View Details

    FAQs

    What type of property is this?
    Land - 31.18 acres of wooded land for recreational or homesite.
    Where is this land located?
    The property is located at Tice Road Williamston, NC.
    What is the asking price?
    The asking price for this property is $132,900.
    What are key features of this property?
    This property features: 31.18 acres of wooded land offers space and privacy.; Over 1,200 feet of road frontage provides easy access and potential for multiple access points.; Ideal for recreational enjoyment and hunting.
    (252) 217-5364
    We can help!
    Listing Contact
    PAUL ROBERSON
    Real Estate License ID: 218973
    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!