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    1115 Folly Rd Plymouth, NC 27962

    For Sale
    $225,000

    MULTI_FAMILY - Plymouth, NC

    Lot size:
    3.31 Acres
    Days on Market:
    29
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 1115 Folly Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Residential
    APN
    6798.00-06-0220
    Lot size
    3.31 Acres

    Riverfront Realty Of Eastern Nc, LLC (252) 793-9979

    Listing agent Mary Barnes (252) 793-9979 License #272463

    Listing date Nov 7, 2025

    Copyright © 2025 Hive MLS / Topsail Island Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mobile Home Park Investment Opportunity

    This property presents an investment opportunity as an existing mobile home park with strong income potential. Septic permits are on file, facilitating straightforward development planning. The property is suitable for establishing a rental community by bringing in trailers or generating lot rental income by renting the lots. Conveniently located just over an hour from the Outer Banks, the property offers easy access to outdoor recreation. Its proximity to the Roanoke River and Albemarle Sound provides opportunities for fishing and water sports, while the surrounding wildlife areas offer hunting and viewing opportunities. The property, situated on a 3.31-acre lot, is zoned for residential use. It is located in Plymouth, North Carolina, approximately an hour's drive from the Outer Banks. This location offers a chance to create a residential income property in an area with outdoor appeal and convenient access to the Outer Banks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Building Supply Wholesale Shop Clothing Store Garden Center Women's Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Plymouth
    County
    Washington
    State
    North Carolina
    Longitude
    -76.670701
    Latitude
    35.888067

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    FAQs

    What type of property is this?
    Mobile home & RV park - Mobile home park with income potential near Outer Banks.
    Where is this mobile home & rv park located?
    The property is located at 1115 Folly Rd Plymouth, NC.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Strong income potential from existing mobile home park.; - Septic permits on file for straightforward development.; - Opportunity to establish a rental community or generate lot rental income.
    (252) 793-9979
    Request Owner's contact information
    1115 Folly Rd Plymouth, NC 27962
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    Plymouth, NC 27962
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    Realmo Value Estimation

    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.

    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.

    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
    1115 Folly Rd Plymouth, NC 27962
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