Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Semora, NC Land with Boathouse Title is generated by Realmo AI

    1099 Estate Road, Semora, NC 27343

    View on Map
    Claim this Listing
    For Sale
    $689,000

    LAND - Semora, NC

    Lot size:
    0.92 Acres
    Added:
    Apr 23, 2026
    Days on Market:
    30
    Last Refresh:
    May 22 at 4:06 am

    Property Features for 1099 Estate Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    residential
    Vegetation
    Cleared
    Standard status
    Active
    APN
    A24 194
    Lot size
    0.92 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    The Reserve/Lt17/Bthse
    Tax Annual Amount
    4547

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Perc Test On File, Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    Gay Poindexter
    Gay Poindexter

    Listing agent Gay Poindexter License #236075

    Listing office RE/MAX Premier Realty 610 N Madison Blvd, Roxboro, NC

    Listing date Apr 23, 2026

    MLS# 10162255 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

    • Double Slip Boathouse with Vaulted Ceiling (estimated $175,000 replacement value)
    • Enjoy Deep Water Access
    • Cleared Lot with Easy Slope
    • Non‑Expiring 3 Bedroom Perk Test On File
    • Can Have a Pool
    • Paved Roads

    Overview

    This 0.92-acre lot is located in Semora, North Carolina. The property, zoned for residential use, features an easy slope and is situated on the northern side of The Reserve. It includes a double slip boathouse with a vaulted ceiling. The lot offers views and deep water access. It has been cleared and has a non-expiring 3-bedroom perk. A pool is permitted on the property. The roads are paved and are planned to be repaved once all construction in the subdivision is complete.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Semora
    County
    Person
    State
    North Carolina
    Longitude
    -79.07694
    Latitude
    36.503642

    Nearby Similar for Sale

    • $799,000

      Hyco Lake Waterfront Lot

      Rare waterfront lot with boathouse in gated community.
      1050 Estate Road, Semora, NC 27343
      View Details
    • $339,000

      Semora, NC Waterfront Land

      0.63 acre waterfront lot with deep water access.
      54 (Lot #) Pinesborough Estate Road, Semora, NC 27343
      View Details
    • $389,900

      Hyco Lake Waterfront Land

      1.46-acre waterfront lot with boathouse and 3-bedroom septic permit.
      Swallowtail Dr lot: D, Semora, NC 27343
      View Details
    • $389,900

      Semora, NC Waterfront Land

      Residential land with shoreline and amazing views in Semora, NC.
      52 (Lot#) Pinesborough Estates Road, Semora, NC 27343
      View Details
    • $245,000

      Semora, NC Homesite Opportunity

      Land parcel for building a dream home in Semora, NC.
      Lynn Smith Road lot: 11, Semora, NC 27343
      View Details
    • $199,999

      Hyco Lake Waterfront Land

      5.08 acres on Hyco Lake with no restrictions.
      7 (Lot) Lynn Smith Road, Semora, NC 27343
      View Details
    • $399,900

      Hyco Lake Residential Land

      7.15 acres with 200+ feet of shoreline on Hyco Lake.
      Quail Roost Drive, Semora, NC 27343
      View Details
    • $285,000

      Waterfront Lot on Hyco Lake

      2.19 acre waterfront lot for residential development on Hyco Lake.
      Ferncrest Court lot: 19, Semora, NC 27343
      View Details
    • $650,000

      Wooded Land Near Hyco Lake

      54+ acre wooded lot near Hyco Lake.
      TBD Terrell School Road, Semora, NC 27343
      View Details
    • $472,500

      105 Acres Vacant Land

      105 acres of vacant land with loblolly pines.
      Vacant Land NC Highway 119, Semora, NC 27343
      View Details
    • $42,500

      Semora, NC Land with View

      Off-water lot with water view in Tanglewood Shores.
      28 Greenway Drive, Semora, NC 27343
      View Details
    • $42,500

      Tanglewood Shores Off-Water Lot

      Off-water lot in lakefront community with valid improvement permit.
      28 Greenway Drive, Semora, NC 27343
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.92 acre lot with double slip boathouse.
    Where is this residential land & home lot located?
    The property is located at 1099 Estate Road Semora, NC.
    What is the asking price?
    The asking price for this property is $689,000.
    What are key features of this property?
    This property features: Double Slip Boathouse with Vaulted Ceiling (estimated $175,000 replacement value); Enjoy Deep Water Access; Cleared Lot with Easy Slope
    (336) 504-3460
    We can help!
    Listing Contact
    Gay Poindexter
    Gay Poindexter
    Real Estate License ID: 236075
    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

    Thank You for Inquiry
    1099 Estate Road, Semora, NC 27343
    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!