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    34862 Us Highway 264 Engelhard, NC 27824

    Sponsored
    For Sale
    $190,000

    Prime 0.91-acre lot, ideal for development. High-traffic location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 0.91-acre commercial lot is strategically located at 34862 US Highway 264 in Engelhard, North Carolina. Its prime location offers excellent visibility and accessibility, making it an attractive opportunity for a variety of commercial ventures. The property's size provides ample space for development, allowing for flexibility in design and construction. The address, 34862 US Highway 264, ensures high traffic volume, providing significant exposure to potential customers. This presents a unique chance to establish a business in a thriving area with strong potential for growth. The property is classified as "Other" in terms of property type, offering a blank canvas for creative development ideas. The asking price is $190,000, representing a compelling investment opportunity in a desirable location. Given its size and location, this property is well-suited for a range of commercial uses, from retail to light industrial. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The absence of existing structures allows for complete customization to meet specific business needs. This presents a rare opportunity to build a business from the ground up in a high-traffic area of Engelhard, NC. The property's potential is limited only by the imagination of the developer.

    Property Features for 34862 Us Highway 264

    General Information

    Property type
    Other commercial real estate
    Lot Size
    39,640 SF

    Building Details

    Year Built
    1955
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Auto Parts Store Wholesale Shop Hotel & Motel Discount Store Grocery Store Electronics Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Engelhard
    County
    Hyde
    State
    North Carolina
    Longitude
    -76.00211
    Latitude
    35.50784

    Nearby Comparable

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      Engelhard Commercial Property - Huge Potential

      Historic building, 12,400+ sq ft, 1.78 acres
      35050 35050, Engelhard, NC 27824
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    • $75,000
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      Affordable Land in Hyde County

      9 acre tract with road frontage in rural Engelhard, NC.
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    Nearby Similar for Sale

    • $499,900
      12,479 SF

      Engelhard Commercial Building Opportunity

      Highway 264, 12,479 sq ft, $499,900
      35050 Us Hwy 264 Hwy, Engelhard, NC 27824
      View Details
    • $499,900
      1.78 Acres

      Engelhard Commercial Property - Huge Potential

      Historic building, 12,400+ sq ft, 1.78 acres
      35050 35050, Engelhard, NC 27824
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime 0.91-acre lot, ideal for development. High-traffic location.
    Where is this commercial real estate located?
    The property is located at 34862 Us Highway 264 Engelhard, NC.
    What is the asking price?
    The asking price for this property is $190,000.
    (252) 975-8010
    Request Owner's contact information
    34862 Us Highway 264 Engelhard, NC 27824
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    Engelhard, NC 27824
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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
    34862 Us Highway 264 Engelhard, NC 27824
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