Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Merritt Land with Waterfront Access Title is generated by Realmo AI

    145 Wind Jammer Lane W, Merritt, NC 28556

    View on Map
    Claim this Listing
    For Sale
    $42,900

    LAND - Merritt, NC

    Lot size:
    2.73 Acres
    Added:
    Nov 24, 2025
    Days on Market:
    173
    Last Refresh:
    May 16 at 10:06 pm

    Property Features for 145 Wind Jammer Lane W

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    J05-4a-25
    Lot size
    2.73 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 25&25A SCHOONER LAND PCA 146-3 PCA 145-1 0015116 6581811625000

    Utilities

    Water front
    1

    We can help!

    Listing Contact
    Nicholas Huscroft

    Listing agent Nicholas Huscroft License #C38242

    Listing office Chosen Realty of NC PO box 3671, Cuyahoga Falls, NC

    Listing date Nov 24, 2025

    MLS# 100542756 Listing URL

    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.

    HighLights

    • 2.73‑acre property with a 2‑acre buildable homesite.
    • Additional waterfront parcel with community dock access for kayaking, fishing, and recreation.
    • Located at the end of a peaceful cul‑de‑sac offering privacy and natural beauty.
    • County water and nearby electric service available.
    • Easy road access and conveniently located 10‑15 minutes from Oriental and Bayboro.
    • Seller financing is available.

    Overview

    This 2.73-acre property, situated among woodlands and coastal breezes, offers privacy and access to the water. The main 2-acre lot is located at the end of a cul-de-sac, while an additional waterfront parcel provides space for recreation. Located on Winjammer Lane, the property features county water and nearby electric service, with road access. It is located within 10-15 minutes of Oriental and Bayboro. The buildable homesite will need septic approval. The second lot offers water access and use of the community dock, suitable for kayaking, fishing, or relaxing by the shore. This Merritt property is suited for building a home and enjoying coastal living.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Merritt
    County
    Pamlico
    State
    North Carolina
    Longitude
    -76.697922
    Latitude
    35.134134

    Nearby Similar for Sale

    • $110,000

      Waterfront Homesite in Merritt, NC

      Serene waterfront homesite near Oriental with mature trees.
      2472 Brown Creek Road lot: 20, Merritt, NC 28556
      View Details
    • $145,000

      Waterfront Homesite with Existing Pier

      2.6+ acre waterfront homesite with pier near Oriental, NC.
      2504 Brown Creek Road lot: 19, Merritt, NC 28556
      View Details
    • $45,000

      Private Homesite in Bay Winds

      Wooded homesite in waterfront community with access to amenities.
      121 Mason Lane, Merritt, NC 28556
      View Details
    • $80,000

      Waterfront Land on Bay River

      2.8-acre waterfront lot to build your dream home.
      485 Florence Road, Merritt, NC 28556
      View Details
    • $87,500

      Waterfront Land in Merritt, NC

      Unrestricted waterfront land with septic system ready for development.
      543 Florence Road, Merritt, NC 28556
      View Details
    • $300,000

      Waterfront Acreage in Pamlico County

      Undeveloped, unrestricted waterfront acreage, perfect for recreation or investment.
      Florence Road, Merritt, NC 28556
      View Details
    • $225,000

      Waterfront Lot with Private Dock

      Waterfront .42-acre lot with dock, boat lift, sailboat slip.
      105 Trawler Lane, Merritt, NC 28556
      View Details
    • $186,000

      Waterfront Land on Alligator Creek

      Two acres of waterfront land, ready for your dream home.
      251 Alligator Loop Road, Merritt, NC 28556
      View Details
    • $28,500

      Residential Land in Masons Pointe

      0.93-acre wooded lot in waterfront community near Bay River.
      87 Mason Lane lot: 49, Merritt, NC 28556
      View Details
    • $28,500

      Merritt, NC Residential Land

      0.84-acre wooded lot in Masons Pointe Subdivision.
      26 Mason Lane lot: 43, Merritt, NC 28556
      View Details
    • $54,500

      Land with Creek in Merritt

      2.7-acre property with creek, utilities, and outdoor possibilities.
      40 Alligator Creek Road, Merritt, NC 28556
      View Details
    • $175,000

      Cleared Land Ready to Build

      11+ acre lot, cleared, ready to build, no restrictions.
      901 Murphy Farm Road, Merritt, NC 28556
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.73-acre property with waterfront access, ideal for coastal living.
    Where is this residential land & home lot located?
    The property is located at 145 Wind Jammer Lane W Merritt, NC.
    What is the asking price?
    The asking price for this property is $42,900.
    What are key features of this property?
    This property features: 2.73‑acre property with a **2‑acre buildable homesite**.; Additional waterfront parcel with community dock access for kayaking, fishing, and recreation.; Located at the end of a peaceful cul‑de‑sac offering privacy and natural beauty.
    (330) 249-3499
    We can help!
    Listing Contact
    Nicholas Huscroft
    Real Estate License ID: C38242
    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
    145 Wind Jammer Lane W, Merritt, NC 28556
    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!