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    Old Washington Rd Washington, NC 27889

    Sponsored
    For Sale
    $2,200,000

    COMMERCIAL - Washington, NC

    Lot size:
    10.56 Acres
    Days on Market:
    274
    Last Refresh:
    Jan 9 at 4:06 pm

    Property Features for Old Washington Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    RR
    APN
    5648738264
    Lot size
    10.56 Acres

    Mossy Oak Properties Land and Farms (252) 480-5263

    Listing agent Andrew Walters (844) 480-5263 License #282248

    Listing date Apr 11, 2025

    MLS# 100500593 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.

    Overview

    Commercial Land For Sale

    This 10.56-acre property is located off Highway 264 in Pitt County, NC, and features road frontage on Old Washington Road. It includes approximately 900 feet of frontage along Highway 264 and 525 feet on Old Washington Road. The land is level, well-drained, and features some fallow grassy areas and sporadic younger volunteer pine trees. The property is not located in a FEMA floodplain or any designated wetland area. This property is suitable for a number of development purposes, including potential commercial zoning for restaurants, gas stations, and other commercial businesses, as well as a residential subdivision or apartment living complexes. Given the growth and development moving from Greenville towards Washington, this property is a solid investment. It is located 5 minutes from Pactolus and Grimesland, 10 minutes from Washington, and 15 minutes from Greenville and Chocowinity. The property features dual road frontage and ample frontage on Highway 264.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Washington
    County
    Beaufort
    State
    North Carolina
    Longitude
    -77.156943
    Latitude
    35.613396

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    FAQs

    What type of property is this?
    Commercial land - 10.56 acres with frontage on Highway 264.
    Where is this commercial land located?
    The property is located at Old Washington Rd Washington, NC.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - Dual road frontage: Approximately 900 feet on Highway 264 and 525 feet on Old Washington Road.; - Development potential: Ideal for commercial zoning or residential development.; - Strategic location: Situated off Highway 264, close to Pactolus, Greenville, Grimesland, Chocowinity, and Washington.
    (252) 904-3184
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    Old Washington Rd Washington, NC 27889
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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
    Old Washington Rd Washington, NC 27889
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