Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Havelock Vacant Land with Metal Building Title is generated by Realmo AI

    1235 Belangia Road, Havelock, NC 28532

    View on Map
    Claim this Listing
    New
    For Sale
    $60,000

    Vacant Land - Havelock, NC

    Property size:
    4,000 SF
    Lot size:
    5.44 Acres
    Price / SF:
    $15/SF
    Added:
    May 19, 2026
    Days on Market:
    2
    Last Refresh:
    May 20 at 6:06 pm

    Property Features for 1235 Belangia Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    Size
    4,000 SF
    Lot size
    5.44 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Walter House

    Listing agent Walter House

    Listing office House Auction Company PO Box 220, 885 Marshallberg Road, Marshallberg, NC

    Listing date May 19, 2026

    MLS# 11777758 Listing URL

    Copyright © 2026 My State 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

    • 4,000 sq ft metal building/equipment shop/warehouse on 5.44 acres
    • Excellent condition metal building (40 ft. x 100 ft.)
    • Located in a remote, private, and tranquil wooded setting
    • Two roll‑up doors and two personnel doors
    • Opportunity for DIY marine & equipment repair/car remodeling/woodworking
    • Located just off Adams Creek Road, Havelock, NC

    Overview

    Located at 1235 Belangia Road, just off Adams Creek Road, Havelock, NC, this property features a 4,000 sq. ft. metal building suitable as an equipment shop or warehouse, situated on 5.44 acres. The building is in great condition and is 40 ft. x 100 ft. It includes two roll-up doors and two walk-in personnel doors. The location offers privacy and tranquility, surrounded by woods. It presents an excellent opportunity for DIY marine and equipment repair, car remodeling, woodworking, or a private getaway. The building does not currently have a restroom, but a new owner can rent a portable toilet or install a septic system upon perk approval. This property is offered in an online-only auction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Havelock
    County
    Craven
    State
    North Carolina
    Longitude
    -76.6999478
    Latitude
    34.9472825

    Nearby Similar for Sale

    • Sponsored
      $194,000
      2,118 SF

      Havelock Specialty Building For Sale

      Adaptable commercial space in a busy Havelock commercial hub.
      508 Main St, Havelock, NC 28532
      View Details
    • $240,000
      1,140 SF

      Commercial Property in Havelock, NC

      Commercial property on high-traffic highway near North Carolina beaches.
      256 U.S. Highway 70 W, Havelock, NC 28532
      View Details
    • $679,000
      2,694 SF

      Havelock Retail/Restaurant Opportunity For Sale

      2,694 SF retail/restaurant building renovated in 2022, highway commercial zoning.
      413 West Main Street, Havelock, NC 28532
      View Details
    • $995,000
      5,500 SF

      Turn-Key Metal Building on Corner

      5500 sq/ft metal building on large corner lot.
      806 E Main St, Havelock, NC 28532
      View Details
    • $749,000
      12,407 SF

      Havelock Church and Land

      12,407 SF building on 3 acres near Highway 70.
      206 Miller Boulevard, Havelock, NC 28532
      View Details
    • $679,000

      Retail/Restaurant Opportunity in Havelock

      2,694 SF retail/restaurant building, renovated in 2022, HC zoning.
      413 West Main Street, Havelock, NC 28532
      View Details
    • $325,000

      Commercial Land in Havelock, NC

      Commercial land suitable for gas station, supermarket, or mini mart.
      6044025 U.S. Hwy 70 W lot: 6-044-025, Havelock, NC 28532
      View Details
    • $238,000

      Havelock Commercial Hub Opportunity

      Adaptable commercial space in a busy Havelock location.
      508 East Main Street, Havelock, NC 28532
      View Details
    • $799,000
      9,661 SF

      Investment Opportunity in Havelock

      Generating $5,300 monthly rental income; both sides occupied.
      600 Fontana Boulevard, Havelock, NC 28532
      View Details
    • $1,599,000
      39,867 SF

      Havelock Mixed-Use Retail Property

      40,000 SF mixed-use retail property in Havelock, North Carolina.
      1 Park Ln, Havelock, NC 28532
      View Details
    • $3,110,506
      13,813 SF

      Freestanding Walgreens in Havelock, NC

      Single tenant Walgreens with absolute NNN lease and zero responsibilities.
      101 W Main St, Havelock, NC
      View Details
    • $895,000
      8,000 SF

      Havelock Commercial Property Near MCAS

      8000 SF commercial building near Cherry Point Main Gate.
      130 E Main St, Havelock, NC 28532
      View Details

    FAQs

    What type of property is this?
    Warehouse - 5.44 acres with 4,000 sq ft metal building.
    Where is this warehouse located?
    The property is located at 1235 Belangia Road Havelock, NC.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: 4,000 sq ft metal building/equipment shop/warehouse on 5.44 acres; Excellent condition metal building (40 ft. x 100 ft.); Located in a remote, private, and tranquil wooded setting
    (252) 729-1162
    We can help!
    Listing Contact
    Walter House
    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
    1235 Belangia Road, Havelock, NC 28532
    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!