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    5995 Gas Plant Ln Grifton, NC 28530

    Sponsored
    For Sale
    $95,000

    2.65 Acres, RA-20 Zoning, Versatile Use

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 2.65-acre property in Grifton, North Carolina, presents a unique investment opportunity. Located at 5995 Gas Plant Ln, Pitt County, NC 28530 (APN 09209), this land is zoned RA-20, allowing for both residential and agricultural uses. The secluded lot offers significant privacy, being set back from the main road and surrounded by a mix of residential and agricultural properties. Previously used as a tank storage yard, the property includes a 1,664 square foot pole barn with a concrete floor, and two additional smaller storage sheds. Electricity is available, having previously powered the pole barn. Access is via an unmaintained gravel lane. The property's location near NC-11 provides convenient access to nearby amenities. This versatile land parcel offers a blend of tranquility and accessibility, making it ideal for a variety of development or agricultural pursuits. The asking price is $95,000.

    Property Features for 5995 Gas Plant Ln

    General Information

    Property type
    Farms
    Lot Size
    115,434 SF

    HighLights

    • $95,000 asking price for 2.65 acres of land.
    • Located in Grifton, NC, Pitt County (APN 09209).
    • RA‑20 zoning allows for residential or agricultural use.
    • Features a 1,664 sq ft pole barn with concrete floor and two smaller sheds.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Food Market Storage Facility Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Grifton
    County
    Pitt
    State
    North Carolina
    Longitude
    -77.4284213
    Latitude
    35.4037357

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    FAQs

    What type of property is this?
    Farm - 2.65 Acres, RA-20 Zoning, Versatile Use
    Where is this farm located?
    The property is located at 5995 Gas Plant Ln Grifton, NC.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: $95,000 asking price for 2.65 acres of land.; Located in Grifton, NC, Pitt County (APN 09209).; RA-20 zoning allows for residential or agricultural use.
    Request Owner's contact information
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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
    5995 Gas Plant Ln Grifton, NC 28530
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