Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Premier Homesite in Gated Community Title is generated by Realmo AI

    5120 Watermead Lane, Belmont, NC 28012

    View on Map
    Claim this Listing
    For Sale
    $130,000

    LAND - Belmont, NC

    Lot size:
    0.66 Acres
    Added:
    Mar 13, 2026
    Days on Market:
    69
    Last Refresh:
    May 20 at 10:06 pm

    Property Features for 5120 Watermead Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-1
    Standard status
    Active
    APN
    203903
    Lot size
    0.66 Acres

    Taxes and HOA fees

    Tax Description
    REFLECTION POINTE L 135 15 107 016 00 000

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer, Private Sewer

    We can help!

    Listing Contact
    Jeff Moll
    Jeff Moll

    Listing agent Jeff Moll License #256290

    Listing office Keller Williams Ballantyne Area 14045 Ballantyne Corporate Pl, #500, Charlotte, NC

    Listing date Mar 13, 2026

    MLS# 4356753 Listing URL

    Copyright © 2026 Canopy 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

    • Premier .66‑acre homesite in the exclusive, gated Reflection Pointe community.
    • Enjoy seasonal water views of Lake Wylie.
    • Borders community greenspace on two sides, providing privacy and direct access to the clubhouse.
    • Resort‑style amenities including waterfront pavilion, community beach, marina, pool, and tennis/pickleball courts.
    • Ideal sloped topography for a custom walk‑out basement or crawl space foundation.
    • Conveniently located 20 minutes from Charlotte Douglas International Airport and 30 minutes from Uptown Charlotte.

    Overview

    This 0.66-acre homesite is located within the gated community of Reflection Pointe. The lot features seasonal water views of Lake Wylie and a sloped topography suitable for a custom walk-out basement or crawl space foundation. The property borders community greenspace on the rear and side, offering privacy and a path to the clubhouse. Reflection Pointe is a custom-home community with minimum size requirements of 2,000 sq. ft. for 1-story and 2,400 sq. ft. for 2-story homes. Residents have access to amenities including a waterfront pavilion, community beach, marina area, boat storage, pool, and tennis/pickleball courts. There is no immediate timeframe to start building, but the community requires completion within 12 months of plan approval. The property is located 20 minutes from Charlotte Douglas International Airport and 30 minutes from Uptown Charlotte, near Belmont's restaurants and breweries. This lakeside opportunity is intended for building a custom home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Hotel & Motel Storage Facility HVAC Service Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Belmont
    County
    Gaston
    State
    North Carolina
    Longitude
    -81.023516
    Latitude
    35.1539814

    Nearby Similar for Sale

    • $600,000
      25,000 SF

      Medical Office Development Site

      Prime medical office development site near CaroMont Regional Medical Center.
      311 Beatty Drive, Belmont, NC 28012
      View Details
    • $1,500,000
      5,000 SF

      Downtown Belmont Multi-Tenant Office Building

      Adaptable commercial office building in downtown Belmont, North Carolina.
      104 Kenwood Street, Belmont, NC 28012
      View Details
    • $400,000
      1,634 SF

      Waterfront Land Near Lake Wylie

      Two parcels of land near Lake Wylie with development potential.
      230 Walnut Street, Belmont, NC 28012
      View Details
    • $995,000

      Belmont NC Multi-Family Investment

      Six-unit income property near downtown Belmont, North Carolina.
      704 Secrest Avenue, Belmont, NC 28012
      View Details
    • $310,000

      Belmont NC Homesite Opportunity

      1.01-acre wooded homesite in exclusive Lake Wylie enclave.
      1215 Featherton Drive, Belmont, NC 28012
      View Details
    • $300,000

      Land For Sale in Belmont

      1.30 ac land for sale in Belmont, North Carolina.
      Beatty Drive, Belmont, NC 28012
      View Details
    • $355,000

      Belmont Land: Build Your Dream

      3.75 acres in Belmont, NC, ready for your dream home.
      1110 Clark Hill Drive, Belmont, NC 28012
      View Details
    • $595,000

      Waterfront Lot in Misty Waters

      0.77-acre waterfront lot with lake views in Belmont, NC.
      9274 Egret Ridge, Belmont, NC 28012
      View Details
    • $139,900

      Belmont Land in Lake Community

      Residential lot in Lake Wylie waterfront community.
      5016 Hermitage Court, Belmont, NC 28012
      View Details
    • $475,000

      Commercial Land in Belmont, NC

      Commercial land available in Mount Holly, zoned B3.
      405 Belmont Mount Holly Road, Belmont, NC 28012
      View Details
    • $195,000

      Waterfront Lot in Gated Community

      Premium waterfront lot in Reflection Pointe, Belmont, NC.
      5040 Hermitage Court, Belmont, NC 28012
      View Details
    • $975,000

      Waterfront Land in McLean South Shore

      Nearly one-acre waterfront homesite with dock access to Lake Wylie.
      213 Cape August Place, Belmont, NC 28012
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.66-acre homesite with seasonal lake views and community amenities.
    Where is this residential land & home lot located?
    The property is located at 5120 Watermead Lane Belmont, NC.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: Premier .66‑acre homesite in the exclusive, gated Reflection Pointe community.; Enjoy seasonal water views of Lake Wylie.; Borders community greenspace on two sides, providing privacy and direct access to the clubhouse.
    (704) 913-9330
    We can help!
    Listing Contact
    Jeff Moll
    Jeff Moll
    Real Estate License ID: 256290
    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
    5120 Watermead Lane, Belmont, NC 28012
    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!