Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land Near Mayo Lake Title is generated by Realmo AI

    531 Pointe Mayo Drive, Roxboro, NC 27574

    View on Map
    Claim this Listing
    For Sale
    $89,000

    LAND - Roxboro, NC

    Lot size:
    1.39 Acres
    Added:
    May 26, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 2 at 5:06 am

    Property Features for 531 Pointe Mayo Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    residential
    Vegetation
    Wooded
    Standard status
    Active
    APN
    A80 228
    Lot size
    1.39 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    dbk1148/672
    Tax Annual Amount
    850

    Utilities

    Utilities
    Electricity Available
    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 May 26, 2026

    MLS# 10169696 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

    • Mayo Lake Access: Enjoy 2,800 acres for boating, kayaking, and swimming.
    • 4‑Bedroom Perk: Suitable for a larger home.
    • Convenient Location: Less than 10 minutes to Roxboro shopping and restaurants.
    • Fishing Opportunities: Catch bass, crappie, and catfish.
    • Modular and Site Built Homes Allowed: Flexible building options.
    • Electricity Available: Utilities are accessible.

    Overview

    This 1.39-acre residential lot is located near Mayo Lake, offering access to 2,800 acres suitable for boating, kayaking, and swimming. The lake is also known for fishing, with opportunities to catch bass, crappie, and catfish. The property allows for modular and site-built homes, with a minimum size of 1,200 square feet. A four-bedroom perk test has been completed. The lot is situated between 511 and 549 Pointe Mayo Drive and is less than 10 minutes from shopping and restaurants in Roxboro.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Bed & Breakfast Pet Store Pet Store & Service Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Roxboro
    County
    Person
    State
    North Carolina
    Longitude
    -78.8698449
    Latitude
    36.4545665

    Nearby Similar for Sale

    • $710,000

      Roxboro Commercial Land For Sale

      2.14 acre commercial site with pole barn in Roxboro.
      75 Weeks Drive, Roxboro, NC 27573
      View Details
    • $170,000
      672 SF

      Land Near Person County Mega Park

      10.45 acres near Microsoft's upcoming data center.
      A57 57 Edwin Robertson, Roxboro, NC 27574
      View Details
    • $170,000
      672 SF

      Roxboro Land Near Microsoft Site

      10.45 acres near Person County Mega Park.
      A57 56 Woodsdale Rd, Roxboro, NC 27574
      View Details
    • $849,900
      750 SF

      Roxboro Multifamily Investment Opportunity

      Eight fully leased apartments on 1.5 acres near downtown Roxboro.
      119 Lynn Drive, Roxboro, NC 27573
      View Details
    • $160,000

      Roxboro Land with Lake Views

      Two lots totaling 1.55 acres with lake views.
      215 Dean Lane, Roxboro, NC 27574
      View Details
    • $32,500

      Roxboro Land with Creek

      1.34 acre parcel with creek near Roxboro amenities.
      Gravitte Road, Roxboro, NC 27573
      View Details
    • $1,225,000

      Roxboro Commercial Development Opportunity

      3.5 acre commercial site in growing Roxboro, North Carolina.
      75 Weeks Drive, Roxboro, NC 27573
      View Details
    • $618,750

      Roxboro Land for Development

      50 acres of land suitable for development or homestead.
      1519 Oxford Road, Roxboro, NC 27573
      View Details
    • $140,000

      Roxboro Acreage with Creek Border

      14.75-acre parcel with creek, ideal for homesite.
      Parham Road, Roxboro, NC 27574
      View Details
    • $20,000

      Wooded Lot in Fairfield Park

      Vacant 1.15 acre wooded lot in Roxboro, North Carolina.
      Wimbledon Drive, Roxboro, NC 27573
      View Details
    • $149,000

      Roxboro Wooded Land with Pond

      8.89 acres of wooded land with pond near Roxboro.
      1901 Carver Drive, Roxboro, NC 27573
      View Details
    • $179,900

      Roxboro Land for Residential Use

      14.48 acre residential lot with perk test approval.
      Tract 5 Old Allensville Road, Roxboro, NC 27574
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.39 acre residential lot near Mayo Lake in Roxboro.
    Where is this residential land & home lot located?
    The property is located at 531 Pointe Mayo Drive Roxboro, NC.
    What is the asking price?
    The asking price for this property is $89,000.
    What are key features of this property?
    This property features: Mayo Lake Access: Enjoy 2,800 acres for boating, kayaking, and swimming.; 4‑Bedroom Perk: Suitable for a larger home.; Convenient Location: Less than 10 minutes to Roxboro shopping and restaurants.
    (336) 504-3460
    We can help!
    Listing Contact
    Gay Poindexter
    Gay Poindexter
    Real Estate License ID: 236075
    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
    531 Pointe Mayo Drive, Roxboro, NC 27574
    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!