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    Riverfront Lots on New River Title is generated by Realmo AI

    8 & 9 Haven Ridge, Lansing, NC 28643

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    Claim this Listing
    For Sale
    $115,000

    Two riverfront lots with easy river access and wooded building site.

    Type:Land or Vacant Lot
    Lot size:
    4.00 Acres
    Added:
    May 17, 2026
    Days on Market:
    13
    Last Refresh:
    May 18 at 10:15 pm

    Property Features for 8 & 9 Haven Ridge

    General Information

    Standard status
    Active
    Lot size
    4.00 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    CHRIS BARR

    Listing agent CHRIS BARR License #195338

    Listing office REALTY ONE GROUP RESULTS

    Listing date May 17, 2026

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of REALTY ONE GROUP RESULTS

    HighLights

    • Over 4 acres of land with 250 feet of New River frontage and easy river access.
    • Building site with great views, gentle slope, and road access.
    • Option for small log cabin (400 SF min) or conventional/non‑log home (800 SF min).
    • No restrictions on short‑term rentals.
    • Camper/RV allowed during construction (up to one year after permit).
    • Located in The Preserve on the New River, convenient to West Jefferson (20 min) and Lansing (15 min).

    Overview

    Two riverfront lots, totaling over 4 acres, are available together in The Preserve on the New River. The property features 250 feet of flat, open river frontage, providing easy access to the river. The building site is located at the top of the property, accessible from Haven Ridge Road. The wooded building site offers a view and gentle slope. Select tree cutting has improved the view and opened up the building site. Seasonal river views are visible lower down on the property. A log cabin as small as 400 square feet is permitted, with an option for a tiny house. Conventional or non-log homes require a minimum of 800 square feet. A camper or RV may be used while the home is under construction but must be removed within one year from the date the building permit is issued. Short-term rentals are permitted. The property is located in a New River community, 20 minutes from West Jefferson and 15 minutes from the town of Lansing.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Department Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ashe
    State
    North Carolina
    Longitude
    -81.538
    Latitude
    36.524

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    FAQs

    What type of property is this?
    Waterfront Land - Two riverfront lots with easy river access and wooded building site.
    Where is this waterfront land located?
    The property is located at 8 & 9 Haven Ridge Lansing, NC.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: Over 4 acres of land with **250 feet of New River frontage and easy river access.**; Building site with **great views, gentle slope, and road access.**; Option for small log cabin (400 SF min) or conventional/non‑log home (800 SF min).
    (336) 262-3111
    We can help!
    Listing Contact
    CHRIS BARR
    Real Estate License ID: 195338
    Learn More
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    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.

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