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    116 Corporate Dr Elizabeth City, NC 27909

    Sponsored
    For Sale
    $973,000

    Industrial - Elizabeth City, NC

    Type:Industrial
    Days on Market:
    347
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 116 Corporate Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Standard status
    Active
    Security features
    Security Alarm
    Parking features
    Parking Lot, Paved or Surfaced
    Interior features
    Security Alarm, Smoke Alarm, Closed Circuit T.v., Equip. Conveys
    Exterior features
    Grade Loading, Outside Storage, Pole Sign, Partially Fenced
    Fencing
    Fenced, Partial

    Utilities

    Heating system
    Central, Electric (Heating), Heat Pump (Heating)
    Cooling system
    Central Air, Heat Pump

    Building Details

    Flooring type
    Carpet, Vinyl
    Building materials
    Frame
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Storage

    OBX Island Realty (252) 982-6136 [email protected]

    Listing agent Joe Staten (252) 982-6136 License #270090

    Listing date Jan 24, 2025

    MLS# 124750 Listing URL

    Copyright © 2026 Outer Banks 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

    Versatile Industrial Building in Commerce Park

    Located in the Pasquotank Commerce Park, a 300-acre industrial business park, this 10,400 SF building sits on approximately 2.7 acres. The property is situated just off US 17 Bypass and 32 miles south of the Port of VA. The existing configuration is suited for a daycare or academy. The interior features a commercial kitchen, several expansive open areas, and offices, offering potential for a customized buildout. The location provides economic benefits such as a lower cost of living, lower corporate tax rates, and lower property tax rates compared to Southeastern VA communities. The property also benefits from the charm of the historic downtown River City, with its breweries, wine bar, restaurants, and shops. Natural gas is connected, expanding other business use possibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Day care centers

    Suggested Use

    Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Hotel & Motel Electrical Service Laundry Service Laundromat

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

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth City
    County
    Pasquotank
    State
    North Carolina
    Longitude
    -76.2945681
    Latitude
    36.3601503

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    FAQs

    What type of property is this?
    Day care center - 10,400 SF building on 2.7 acres near Port of VA.
    Where is this day care center located?
    The property is located at 116 Corporate Dr Elizabeth City, NC.
    What is the asking price?
    The asking price for this property is $973,000.
    What are key features of this property?
    This property features: - Large 10,400 SF building on +/-2.7 acres in Pasquotank Commerce Park.; - Strategic location: just off US 17 Bypass, and 32 miles South of the Port of VA (POV).; - Existing commercial kitchen and expansive open areas are suitable for customized buildout.
    (252) 982-6136
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    116 Corporate Dr Elizabeth City, NC 27909
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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
    116 Corporate Dr Elizabeth City, NC 27909
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