Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Cleared Corner Lot Near Library Title is generated by Realmo AI

    E 3rd Avenue, Chadbourn, NC 28431

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Chadbourn, NC

    Lot size:
    0.52 Acres
    Added:
    Apr 15, 2026
    Days on Market:
    29
    Last Refresh:
    May 13 at 10:06 pm

    Property Features for E 3rd Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    CH CR
    Standard status
    Active
    APN
    023724
    Lot size
    0.52 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    NEAR 120 E 3RD AVE

    We can help!

    Listing Contact
    Alyssa Holmes
    Alyssa Holmes

    Listing agent Alyssa Holmes License #308285

    Listing office CENTURY 21 Thomas Incorporated DBA Thomas Real Estate, LLC 625 Sea Mountain Hwy, N. Myrtle Beach, NC

    Listing date Apr 15, 2026

    MLS# 100567106 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

    • Large .52 acre corner lot, mostly cleared and ready for your vision.
    • Conveniently located within 50 minutes of North Myrtle Beach, SC.
    • No HOA fees, offering freedom and flexibility.
    • Enjoy peaceful small‑town living.
    • Close to shopping, dining, and entertainment options.
    • Located beside the Chadbourn Library.

    Overview

    This mostly cleared corner lot, approximately 0.52 acres, features a few mature trees and is situated next to the Chadbourn Library. The property is not subject to any Homeowners Association restrictions. Located about 50 minutes from North Myrtle Beach, South Carolina, it offers a blend of quiet small-town living with convenient access to coastal amenities. The location provides convenient access to the coast, shopping, dining, and entertainment, while being removed from heavy beach traffic. The property is located in Chadbourn, North Carolina.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Chadbourn
    County
    Columbus
    State
    North Carolina
    Longitude
    -78.825351
    Latitude
    34.325312

    Nearby Similar for Sale

    • $749,500

      Cash-Flowing Mobile Home Park Investment

      Mobile home park with immediate scale and future growth potential.
      102 Chappin Street, Chadbourn, NC 28431
      View Details
    • $450,000
      2,500 SF

      Commercial Land in Chadbourn, NC

      Land with high traffic, suitable for development in Chadbourn.
      100 W Strawberry Boulevard W, Chadbourn, NC 28431
      View Details
    • $21,900

      Vacant Land in Chadbourn, NC

      0.73 acres of vacant land for sale.
      Near 2743 Haynes Lennon Highway, Chadbourn, NC 28431
      View Details
    • $54,500

      6.98 Acres Wooded Land

      Wooded 6.98-acre property with pond, suitable for recreation.
      4758 Princess Ann Road, Chadbourn, NC 28431
      View Details
    • $15,000

      Chadbourn Corner Lot Opportunity

      0.46-acre corner lot in Chadbourn, NC ready for development.
      15-20 W Near 108 Jackson Street, Chadbourn, NC 28431
      View Details
    • $25,000

      Residential Lot Near Myrtle Beach

      1.09 acre residential lot, perc permit, near beaches.
      11039 Peacock Road lot: 4, Chadbourn, NC 28431
      View Details
    • $19,900

      Corner Lot in Chadbourn, NC

      Approximately 0.22 acre corner lot with town utilities.
      504 N Wilson Street, Chadbourn, NC 28431
      View Details
    • $84,900

      Land with Private Pond

      5.26 acres with pond near Chadbourn, North Carolina.
      2999 Princess Ann Road, Chadbourn, NC 28431
      View Details
    • $149,000

      Land Ready for Dream Home

      2.14 acres prepped for a new home with utilities.
      5500 Old U.S. Highway 74, Chadbourn, NC 28431
      View Details
    • $35,000

      Residential Land in Chadbourn, NC

      3.4 acres of residential land, ideal for new home.
      Near 715 E 1st Avenue, Chadbourn, NC 28431
      View Details
    • Contact for pricing
      7,342 SF

      Grain Elevator with 457,000 Bushels

      Grain elevator with storage, office, warehouse, and rail access.
      612 South Brown St, Chadbourn, NC 28431
      View Details
    • $1,176,000
      9,000 SF

      Auto Shop Business Opportunity

      Auto shop for sale with real estate included.
      5700 Chadbourn Hwy, Chadbourn, NC
      View Details

    FAQs

    What type of property is this?
    Commercial land - Corner lot near Chadbourn Library, convenient to Myrtle Beach.
    Where is this commercial land located?
    The property is located at E 3rd Avenue Chadbourn, NC.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Large .52 acre corner lot, mostly cleared and ready for your vision.; Conveniently located within 50 minutes of North Myrtle Beach, SC.; No HOA fees, offering freedom and flexibility.
    (843) 957-5673
    We can help!
    Listing Contact
    Alyssa Holmes
    Alyssa Holmes
    Real Estate License ID: 308285
    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
    E 3rd Avenue, Chadbourn, NC 28431
    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!