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

    New Mayo Drive Roxboro, NC 27574

    View on Map
    Claim this Listing
    For Sale
    $275,000

    LAND - Roxboro, NC

    Lot size:
    17.71 Acres
    Added:
    Oct 5, 2025
    Days on Market:
    209
    Last Refresh:
    May 1 at 12:06 pm

    Property Features for New Mayo Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R
    Vegetation
    Partially Wooded, Cleared
    Standard status
    Active
    APN
    A77 77
    Lot size
    17.71 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Deed Book 1085 Page 618
    Tax Annual Amount
    1820

    We can help!

    Listing Contact
    Nancy S Dillard

    Listing agent Nancy S Dillard

    Listing office Fathom Realty NC, LLC 11312 US 15-501 N Ste. 107-12, Chapel Hill, NC

    Listing date Oct 5, 2025

    MLS# 10125947 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.

    Overview

    Residential Lot Near Mayo Lake

    This residential lot is located in a peaceful area near Mayo Lake. The property spans 17.71 acres and is partially cleared. It is suitable for a custom-built home, weekend retreat, or a small farm. Horses are welcome. The property is located within 10 minutes of Mayo Lake Park and boat ramp access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Roxboro
    County
    Person
    State
    North Carolina
    Longitude
    -78.860465
    Latitude
    36.524079

    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
    • $2,000,000

      Established Restaurant in Roxboro, NC

      Profitable American restaurant with high sales volume in Roxboro.
      625 N Madison Blvd, Roxboro, NC 27573
      View Details
    • $115,000

      Roxboro Vacant Land Opportunity

      4.93-acre vacant lot in Roxboro, NC with electricity access.
      Jones Paylor Road, 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
    • $616,000

      Roxboro Farm with Rolling Hills

      56-acre farm with open fields and hardwood trees in Roxboro.
      Lewis Winstead Loop Road, Roxboro, NC 27573
      View Details
    • $170,000

      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

      Roxboro Land Near Microsoft Site

      10.45 acres near Person County Mega Park.
      A57 56 Woodsdale Rd, Roxboro, NC 27574
      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
    • $87,500

      Roxboro Land for Residential Development

      Eight acre residential lots near Roxboro, NC, with owner financing.
      Northwood Court lot: 11-18, Roxboro, NC 27574
      View Details
    • $55,000

      Wooded Lot in Quail Hollow

      4.94 acre wooded lot near Roxboro, Durham, Danville.
      15a Quail Hollow Drive, Roxboro, NC 27574
      View Details
    • $35,000

      Homesite Near Mayo Lake

      0.74-acre homesite in Holloway Landing near Mayo Lake, Roxboro, NC.
      Fishers Court lot: 10, Roxboro, NC 27574
      View Details
    • $79,000

      Roxboro Homesite with Mayo Lake Views

      Beautiful .65-acre homesite in Holloway Landing near Mayo Lake.
      Fishers Court lot: 9, Roxboro, NC 27574
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot near Mayo Lake, suitable for custom home.
    Where is this residential land & home lot located?
    The property is located at New Mayo Drive Roxboro, NC.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Residential lot near Mayo Lake, perfect for your dream home.; Horses welcomed, ideal for equestrian enthusiasts.; Partially cleared land ready for building, saving you time and effort.
    (336) 503-7324
    We can help!
    Listing Contact
    Nancy S Dillard
    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

    New 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!