Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Homesite with Septic Permit Title is generated by Realmo AI

    221 Bridgewater Drive, Beaufort, NC 28516

    View on Map
    Claim this Listing
    For Sale
    $225,000

    LAND - Beaufort, NC

    Lot size:
    1.72 Acres
    Added:
    May 19, 2026
    Days on Market:
    16
    Last Refresh:
    Jun 3 at 8:06 am

    Property Features for 221 Bridgewater Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    639804918834000
    Lot size
    1.72 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 5 BRIDGEWATER S/D PH 2
    Tax Annual Amount
    267

    We can help!

    Listing Contact
    Brittany Wheatly

    Listing agent Brittany Wheatly License #325997

    Listing office Wheatly and Combs Premier Properties 411 Front Street, Suite 13, Beaufort, NC

    Listing date May 19, 2026

    MLS# 100574990 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.

    HighLights

    • 1.72‑acre lot at 221 Bridgewater Dr, ready for building a coastal home with room to spread out and privacy.
    • Engineered septic design completed.
    • Survey completed.
    • Valid 3‑bedroom septic permit in place to support a 3‑bedroom home build.

    Overview

    This residential homesite offers space and privacy on a 1.72-acre parcel, presented as a ready-to-build opportunity for buyers looking to construct a coastal home. Significant groundwork is already in place, including an engineered septic design, a completed survey, and a valid 3-bedroom septic permit, helping reduce early project uncertainty and keeping momentum as you move toward construction planning.

    The property is located in Beaufort, NC within Carteret County, positioned to serve buyers seeking a homesite with room to spread out. Public remarks note proximity to the Crystal Coast area and access to the region’s lifestyle amenities.

    Ideal uses include a primary residence, a second home, or an investment property where the septic permitting and design documentation provide a head start. With the major pre-construction components already addressed, this lot is well suited for buyers who want a defined residential site and the practical benefits of established site planning before breaking ground.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaufort
    County
    Carteret
    State
    North Carolina
    Longitude
    -76.668947
    Latitude
    34.776772

    Nearby Similar for Sale

    • $895,000
      1,566 SF

      Profitable Diner Near Front Street

      High-volume breakfast diner with expansion potential in downtown Beaufort.
      817 Cedar Street, Beaufort, NC 28516
      View Details
    • $510,000
      2,600 SF

      Beaufort Duplex Investment Opportunity

      Duplex on corner lot near shopping and restaurants.
      111-113 Short Street, Beaufort, NC 28516
      View Details
    • $950,000
      1,269 SF

      Charming Beaufort Property with Building Potential

      Renovated duplex with building plans in historic downtown Beaufort.
      307 Orange Street, Beaufort, NC 28516
      View Details
    • $524,900

      Beaufort Land Near Waterfront

      Vacant land near Beaufort Waterfront with mixed-use zoning.
      311 Pollock Street, Beaufort, NC 28516
      View Details
    • $200,000

      Beaufort, NC Business Zoned Land

      Three business-zoned lots totaling 0.768 acres near East Carteret High.
      3336 Highway 70 E, Beaufort, NC 28516
      View Details
    • $262,000

      Waterfront Lot with Deeded Boat Slip

      Build in a gated waterfront community with a deeded deep-water boat slip and onsite amenities for easy access to the water.
      246 Gatsey Lane lot: 60, Beaufort, NC 28516
      View Details
    • $170,000

      Beaufort, NC Vacant Land

      Vacant lot in Sandy Point community, Beaufort, NC.
      681 Sandy Point Drive N, Beaufort, NC 28516
      View Details
    • $771,750

      Beaufort, NC Homesite in Beau Coast

      0.40-acre homesite in Beau Coast community, near Turner Creek.
      533 Freedom Park Road, Beaufort, NC 28516
      View Details
    • $375,000

      Beaufort Land Parcel For Sale

      Vacant land parcel in desirable Beaufort, North Carolina.
      707 Mulberry Street, Beaufort, NC 28516
      View Details
    • $686,333

      Beaufort, NC Homesite Opportunity

      0.32-acre homesite in coastal community with amenities.
      530 Freedom Park Road, Beaufort, NC 28516
      View Details
    • $771,750

      Beaufort, NC Homesite Opportunity

      0.49-acre homesite near Beaufort's Front Street.
      529 Freedom Park Road, Beaufort, NC 28516
      View Details
    • $771,750

      Beaufort, NC Homesite Opportunity

      0.38-acre homesite in Beau Coast community, near Beaufort.
      531 Freedom Park Road, Beaufort, NC 28516
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.72-acre residential lot in Beaufort with engineered septic design and an approved 3-bedroom permit.
    Where is this residential land & home lot located?
    The property is located at 221 Bridgewater Drive Beaufort, NC.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: 1.72‑acre lot at 221 Bridgewater Dr, ready for building a coastal home with room to spread out and privacy.; Engineered septic design completed.; Survey completed.
    (252) 241-7080
    We can help!
    Listing Contact
    Brittany Wheatly
    Real Estate License ID: 325997
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    221 Bridgewater Drive, Beaufort, NC 28516
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!