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

    Vass Rd Raeford, NC 28377

    Sponsored
    For Sale
    $37,000

    LAND - Raeford, NC

    Lot size:
    0.31 Acres
    Days on Market:
    36
    Last Refresh:
    Mar 2 at 10:06 am

    Property Features for Vass Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Wooded
    APN
    694351301066, 69435130106
    Lot size
    0.31 Acres

    We can help!

    Listing Contact
    BRITTANY BAILEY

    RE/MAX Choice (910) 483-7500

    Listing agent BRITTANY BAILEY (910) 483-7500 License #321120

    Listing date Jan 26, 2026

    MLS# 748148 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.

    Learn more

    Property Insight Report

    Overview

    Land Parcel in Raeford, NC

    Two parcels of land with road frontage are available in Raeford, North Carolina. The combined lot size is 0.31 acres. The location offers proximity to Ft Liberty, shopping, and restaurants, making these lots suitable for building a home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Raeford
    County
    Hoke
    State
    North Carolina
    Longitude
    -79.226174
    Latitude
    34.996313

    Nearby Similar for Sale

    • Contact for pricing

      Raeford Retail Space - Investment Opportunity

      High-return retail property in Raeford, NC.
      8100 Fayetteville Rd, Raeford, NC 28376
      View Details
    • $625,000
      1.00 Acre

      Prime Raeford Office Building

      7,185 SF Office, 1 Acre Lot
      3505 Us 401 Hwy, Raeford, NC 28376
      View Details
    • $249,900
      Pending

      Raeford Duplex with Rental Income

      Duplex in Raeford, NC with tenant occupied unit.
      164 Eulon Loop, Raeford, NC 28376
      View Details
    • $2,000,000
      9.81 Acres

      9.81 Acre Raeford Commercial Land

      Prime Raeford acreage, exceptional development potential.
      6415 Fayetteville Rd, Raeford, NC 28376
      View Details
    • Contact for pricing

      Raeford Retail Space - Great Value

      Prime Raeford location, affordable retail space. Ideal for small business.
      257 Flagstone Ln, Raeford, NC 28376
      View Details
    • Contact for pricing

      Raeford Retail Space - Great Lane

      Prime Raeford retail location. Affordable lease opportunity.
      109 Great Ln, Raeford, NC 28376
      View Details
    • Contact for pricing

      Raeford Retail Space - Great Lane

      Prime Raeford retail opportunity. Affordable price, high potential.
      121 Great Ln, Raeford, NC 28376
      View Details
    • Contact for pricing

      Prime Raeford Office Space

      2,000 sq ft Office/Retail, Hwy 401
      220 Gridley Ln, Raeford, NC 28376
      View Details
    • Contact for pricing

      253 Flagstone Ln, Raeford, NC 28376

      Retail properties
      253 Flagstone Ln, Raeford, NC 28376
      View Details
    • Contact for pricing
      700 SF

      Hoke County Home on Acreage

      3-bedroom home on 0.81 acres near Raeford, North Carolina.
      240 S Horace Walters Rd, Raeford, NC 28376
      View Details
    • Contact for pricing
      700 SF

      Hoke County Home on Acreage

      Three-bedroom, two-bath home on 0.81 acres near Raeford.
      240 S Horace Walters Rd, Raeford, NC 28376
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two parcels of land suitable for building a dream home.
    Where is this residential land & home lot located?
    The property is located at Vass Rd Raeford, NC.
    What is the asking price?
    The asking price for this property is $37,000.
    What are key features of this property?
    This property features: - Two Parcels Included; - Road Frontage; - Close Proximity to Ft Liberty
    (910) 740-4239
    Request Owner's contact information
    Vass Rd Raeford, NC 28377
    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.
    Vass Rd
    Raeford, NC 28377
    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
    Vass Rd Raeford, NC 28377
    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

    We can help!
    Listing Contact
    BRITTANY BAILEY
    Real Estate License ID: 321120
    (910) 740-4239 (910) 483-7500
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!