814 15th St Washington, NC 27889-3531
This exceptional 3.5-acre commercial property, located at 814 W 15TH Street in Washington, North Carolina, presents a unique investment opportunity. The expansive lot offers significant potential for a variety of commercial developments, catering to the needs of a growing community. Its strategic location within Washington provides excellent visibility and accessibility, making it an ideal site for businesses seeking a prominent presence. The property's size allows for ample space for construction, parking, and landscaping, accommodating a wide range of project scales and designs. The absence of existing structures provides a blank canvas for a custom-built development, tailored to specific business requirements. This presents a rare chance to create a landmark commercial property in a thriving area. The asking price of $1,350,000 reflects the significant potential and value offered by this substantial land parcel. Serious inquiries are encouraged to explore the possibilities and secure this prime commercial real estate asset. The property is zoned for commercial use, allowing for a diverse range of development options. Prospective buyers are advised to conduct their own due diligence regarding zoning regulations and development permits. This is a truly exceptional opportunity to acquire a large, well-located commercial property in a rapidly developing area. Don't miss out on this chance to shape the future of Washington's commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.