Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lot in Rural Area Title is generated by Realmo AI

    Wire Grass Road lot 1, Orrum, NC 28369

    View on Map
    Claim this Listing
    For Sale
    $39,999

    LAND - Orrum, NC

    Lot size:
    4.72 Acres
    Added:
    Nov 26, 2025
    Days on Market:
    168
    Last Refresh:
    May 13 at 3:06 am

    Property Features for Wire Grass Road lot 1

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RA
    Standard status
    Active
    APN
    P/O 2411-02-001
    Lot size
    4.72 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot 1, 4.72 Acres, Off SR 2208 - Bay Ridge Subdivision

    We can help!

    Listing Contact
    Trisha D. Hodges

    Listing agent Trisha D. Hodges License #188689

    Listing office Rock Creek Land Company, LLC 604 George II Hwy SE, Winnabow, NC

    Listing date Nov 26, 2025

    MLS# 100543241 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 4.5+ acre partially cleared residential lot.
    • No deed restrictions and no HOA.
    • Electric, telephone, and county water available adjacent to the property.
    • Located in a quiet rural area convenient to Lumberton, Fairmont, and Orrum.
    • Hunting allowed on the property (deer, turkey, small game).
    • Close proximity to the Lumber River for fishing, kayaking, and canoeing.

    Overview

    This partially cleared residential lot, spanning just over 4.5 acres, is located on Wire Grass Road south of Lumberton in Robeson County, North Carolina. Situated in a quiet rural area between Fairmont, Orrum, and Lumberton, the land offers a peaceful setting. Electric and telephone service are located adjacent to the property, and county water is available. The property is suitable for hunting deer, turkeys, and small game. The Lumber River, a nationally designated Wild and Scenic River, is nearby, offering opportunities for duck hunting, kayaking, canoeing, and freshwater fishing for largemouth bass and panfish. The primary soil types are Wagram, Norfolk, and Pantego. Robeson County is home to the University of North Carolina at Pembroke. Lumberton, the county seat, provides shopping, dining, and hospital services. There are no deed restrictions or HOA. This property is suitable for residential, recreational, agricultural, or timber land use in southeastern NC.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Orrum
    County
    Robeson
    State
    North Carolina
    Longitude
    -79.024508
    Latitude
    34.531904

    Nearby Similar for Sale

    • $64,900

      5-Acre Wooded Land in Orrum

      5-acre property with utilities near Lumber River State Park.
      93 Gods Road, Orrum, NC 28369
      View Details
    • $89,000

      Cleared Land with Dual Frontage

      12.78 acres with road frontage and subdivision potential.
      301 Railroad Road, Orrum, NC 28369
      View Details
    • $55,000

      Cleared Corner Lot in Orrum

      7.04-acre cleared corner lot, ideal for homesite or homestead.
      Barnesville Church Road lot: 3, Orrum, NC 28369
      View Details
    • $109,000

      Unrestricted Land with Water & Power

      25.8 acres of unrestricted land with water and power.
      Lot 5 Barnesville Church Road, Orrum, NC 28369
      View Details
    • $39,999

      Residential Lot in Rural Area

      6.48 acre residential lot in Robeson County, North Carolina.
      Wire Grass Road, Orrum, NC 28369
      View Details
    • $39,999

      Residential Lot in Rural Area

      6.48 acre residential lot in a quiet rural area.
      Wire Grass Road lot: 3, Orrum, NC 28369
      View Details
    • $39,999

      Residential Lot in Rural Area

      5.5 acre residential lot in a quiet, rural area.
      Wire Grass Road lot: 2, Orrum, NC 28369
      View Details
    • $39,999

      Residential Lot in Rural Area

      5.5 acre residential lot in a quiet, rural area.
      Wire Grass Road, Orrum, NC 28369
      View Details
    • $39,999

      Residential Lot in Rural Area

      Partially cleared 4.5+ acre lot ready for new home.
      Wire Grass Road, Orrum, NC 28369
      View Details
    • $63,600

      Cleared Land with Septic System

      2.6 acres with septic, well, camper, and storage.
      183 Ladybell Drive, Orrum, NC 28369
      View Details
    • $67,000

      Spacious Land Tract in Orrum

      12.27 acres of flexible land, ideal for homesite.
      Barnesville Church Road lot: 7, Orrum, NC 28369
      View Details
    • $120,000

      Orrum, NC Land Opportunity

      18.0+/- acre tract in peaceful countryside of Orrum, NC.
      Tobacco Road, Orrum, NC 28369
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 4.72 acre residential lot in a quiet, rural area.
    Where is this residential land & home lot located?
    The property is located at Wire Grass Road lot 1 Orrum, NC.
    What is the asking price?
    The asking price for this property is $39,999.
    What are key features of this property?
    This property features: Large 4.5+ acre partially cleared residential lot.; No deed restrictions and no HOA.; Electric, telephone, and county water available adjacent to the property.
    (910) 740-5859
    We can help!
    Listing Contact
    Trisha D. Hodges
    Real Estate License ID: 188689
    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
    Wire Grass Road lot: 1, Orrum, NC 28369
    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!