Office-Zoned Commercial
For Sale
Contact for pricing
Pending
500 Penny Lane, Morehead City, NC 28557
Cleared corner tract with municipal water and sewer in an Office & Professional zoning district.
Property SizeContact for details
Days on Market145
Property Features for 500 Penny Lane
General Information
Standard status
Pending
Property subtype
Land, Retail
Listing Agency:
Coldwell Banker Spectrum Properties
Listed By:
Stacy Wilson · License #NC
Source:
Crexi
Added: Apr 13
Changed: Sep 1
Last Checked: Aug 31 at 9:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Spectrum Properties
Investment Insights
Based on property information with market context.
This 1.5-acre commercial land tract combines three parcels into one development site, with the option to divide it back into three parcels. The property has clear topography and is served by municipal water and sewer, supporting development of a purpose-built professional office environment. It is zoned Office & Professional, also identified as O&P.
The site occupies a corner at Penny Lane and John Platt Drive, with access from Bridges Street to Penny Lane. It is inside Morehead City and near Carteret General Hospital, Carteret Community College, and Marine Corps Air Station Cherry Point. The surrounding context includes a year-round population, tourism activity, and more than 49,000 active-duty and retired Marines associated with the region.
The site occupies a corner at Penny Lane and John Platt Drive, with access from Bridges Street to Penny Lane. It is inside Morehead City and near Carteret General Hospital, Carteret Community College, and Marine Corps Air Station Cherry Point. The surrounding context includes a year-round population, tourism activity, and more than 49,000 active-duty and retired Marines associated with the region.
Key Highlights
- 1.5‑acre commercial land tract combining three parcels
- Office & Professional zoning, also identified as O&P
- Municipal water and sewer serve the property
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
910
Businesses Nearby
Explore this area
Business Placement
Demographics for 28557, NC
14,910
Population
9,168
Households
1.6
Avg Household Size
50
Median Age
40%
College-Educated
93%
High-School Grad
14.2 sq mi
ZIP Area
1,050
Density / Sq Mi
$67,753
Median Household Income
$38,534
Median Earnings
$1,143
Median Rent
$331,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Cleared corner tract with municipal water and sewer in an Office & Professional zoning district.
Where is this commercial land located?
The property is located at 500 Penny Lane Morehead City, NC.
What are key features of this property?
This property features: 1.5‑acre commercial land tract combining three parcels; Office & Professional zoning, also identified as O&P; Municipal water and sewer serve the property
