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    1285 Burnside Rd Manteo, NC 27954

    Sponsored
    For Sale
    $149,000

    Prime 0.69-acre commercial lot in Manteo, NC.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.69-acre commercial lot, located at 1285 Burnside Road, Lot 2, in Manteo, North Carolina (zip code 27954), presents a unique investment opportunity. Zoned R-1, this property boasts a generous 30,000 square feet and a width exceeding 95 feet, providing ample space for development. Situated in Dare County, the lot offers a desirable location within the vibrant Manteo community. The asking price is $149,000. While currently undeveloped, the expansive size and favorable zoning make this parcel ideal for a variety of commercial ventures. The property's dimensions allow for significant building potential, making it an attractive option for entrepreneurs seeking to establish a presence in this thriving area. Information regarding adjacent lots and potential build packages is available upon request. Tax information reflects the 2021 tax year. This is a rare opportunity to acquire a sizable commercial lot in a highly sought-after location. Don't miss out on this chance to build your business in Manteo.

    Property Features for 1285 Burnside Rd

    General Information

    Property type
    Land
    Lot Size
    30,056 SF

    HighLights

    • 0.69‑acre lot.
    • 30,000 square foot lot.
    • Un‑subdivided lot.
    • R‑1 zoning.
    • For sale.
    • 2021 tax year.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Manteo
    County
    Dare
    State
    North Carolina
    Longitude
    -75.68655
    Latitude
    35.9020129

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    FAQs

    What type of property is this?
    Land - Prime 0.69-acre commercial lot in Manteo, NC.
    Where is this land located?
    The property is located at 1285 Burnside Rd Manteo, NC.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: 0.69-acre lot.; 30,000 square foot lot.; Un-subdivided lot.
    (252) 679-3111
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    1285 Burnside Rd Manteo, NC 27954
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    Manteo, NC 27954
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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
    1285 Burnside Rd Manteo, NC 27954
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