Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    935 Mcgill Road lot 3 Vass, NC 28394

    View on Map
    Claim this Listing
    New
    For Sale
    $396,000

    LAND - Vass, NC

    Lot size:
    17.60 Acres
    Added:
    Apr 29, 2026
    Days on Market:
    4
    Last Refresh:
    May 2 at 12:06 pm

    Property Features for 935 Mcgill Road lot 3

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RA
    Standard status
    Active
    APN
    00043081
    Lot size
    17.60 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    HOME PLACE, PRESERVES LAND
    Tax Annual Amount
    305

    Utilities

    Utilities
    Water Available
    Water source
    Well
    Water front
    1

    We can help!

    Listing Contact
    Tony Barnes

    Listing agent Tony Barnes License #303118

    Listing office Keller Williams Pinehurst 195 Short St, Southern Pines, NC

    Listing date Apr 29, 2026

    MLS# 100570309 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.

    Overview

    Vass, NC Land Opportunity

    This 17.6-acre property in Vass, NC, presents an opportunity to build an equestrian estate, hobby farm, or homestead. The land features over 2 acres of cleared space and 315 feet of road frontage. An old home site has been removed, and a previous septic area has been crushed and filled. There is a pond suitable for irrigation, fishing, or floating, as well as creek frontage. An existing well is located on or near the site, and county water is available at McGill Road. The property is zoned RA. It is located less than 30 minutes from Fort Bragg, 15 minutes from Walthour Moss Foundation, and 20 minutes from Pinehurst and Southern Pines. The coast is approximately 2 hours away.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Vass
    County
    Moore
    State
    North Carolina
    Longitude
    -79.1751866
    Latitude
    35.2221765

    Nearby Similar for Sale

    • $780,100

      Protected Recreational Land Along Little River

      134.53 acres of protected recreational land with river frontage.
      Lobelia Road, Vass, NC 28394
      View Details
    • $322,500

      Vass Land with Creek Frontage

      15 acres of land suitable for equestrian or hobby farm.
      935 Mcgill Road lot: 2, Vass, NC 28394
      View Details
    • $322,500

      Vass, NC Land Opportunity

      15 acres of land ready for your dream ranch.
      935 Mcgill Road lot: 1, Vass, NC 28394
      View Details
    • $1,060,950

      Prime Commercial Land on US-1

      Commercial property on US-1 with high traffic and development potential.
      Us-1, Vass, NC 28394
      View Details
    • $495,000

      Cleared Land Near Walthour Moss

      13 acre lot near Southern Pines and Walthour Moss.
      Lakebay Road, Vass, NC 28394
      View Details
    • $495,000

      Cleared Land Near Walthour Moss

      13-acre cleared lot near Southern Pines and Walthour Moss.
      Lakebay Road lot: 2, Vass, NC 28394
      View Details
    • $220,000

      Waterfront Land in Woodlake Community

      Waterfront parcel for dream home in peaceful Woodlake Community.
      873 Castleberry Court, Vass, NC 28394
      View Details
    • $20,000

      Residential Land in Vass, NC

      Residential lot available in Riverview Acres, Vass, North Carolina.
      221 Riverview Drive, Vass, NC 28394
      View Details
    • $450,000

      Vass, NC Commercial Land

      Prime commercial land in a rapidly growing Moore County corridor.
      5125 Us 1 Highway, Vass, NC 28394
      View Details
    • $205,000

      Waterfront Lot in Vass, NC

      Waterfront lot to build your dream home with water views.
      797 Daphne Lane, Vass, NC 28394
      View Details
    • $950,000
      2,756 SF

      Turn-Key Restaurant Opportunity in Vass

      Updated restaurant with indoor and outdoor seating in growing Vass.
      3400 US-1, Vass, NC 28394
      View Details
    • $5,500

      Undeveloped Land in Woodlake Community

      0.78 acre lot in gated golf community.
      862 Hudsonia Drive, Vass, NC 28394
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 17.6 acres of land ready for your dream design.
    Where is this agricultural land / farmland located?
    The property is located at 935 Mcgill Road lot 3 Vass, NC.
    What is the asking price?
    The asking price for this property is $396,000.
    What are key features of this property?
    This property features: 17.6 acres of land suitable for an equestrian estate, hobby farm, or homesteading (RA Zoning).; Partially cleared land with a pond and creek frontage.; Existing well on or near site; county water available at McGill Road.
    (910) 690-1454
    We can help!
    Listing Contact
    Tony Barnes
    Real Estate License ID: 303118
    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

    935 Mcgill Road lot: 3, Vass, NC 28394

    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!