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    901 Wb Mclean Dr Cape Carteret, NC 28584

    Sponsored
    For Sale
    $600,000

    1.06-acre lot, Hwy 24 & Taylor Notion Rd.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.06-acre commercial land parcel is ideally situated at the signalized hard corner of Highway 24 and Taylor Notion Road in Cape Carteret, North Carolina. The property boasts dual road access and is fully engineered and pad-ready, making it an excellent opportunity for immediate development. Its B-20 zoning permits retail sales and shopping center uses. The lot's strategic location benefits from high visibility and traffic counts, with an estimated 18,000 vehicles passing daily. A recently constructed Handy Mart (2014) is situated adjacent to the property. The property's location within Carteret County, near the Morehead City MSA, offers access to a thriving community and strong consumer base. The tax ID/APN is 538519504053000. Priced at $600,000, or $566,037 per acre, this land presents a compelling investment opportunity for developers seeking a prime location for retail development. Detailed information is available upon request.

    Property Features for 901 Wb Mclean Dr

    General Information

    Property type
    Land
    Lot Size
    46,174 SF

    HighLights

    • 1.06‑acre commercial lot at the signalized intersection of Highway 24 and Taylor Notion Road, Cape Carteret, NC.
    • Carteret County location, near the Morehead City MSA.
    • Tax ID/APN: 538519504053000.
    • B‑20 zoning allows retail sales and shopping centers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cape Carteret
    County
    Carteret
    State
    North Carolina
    Longitude
    -77.051180204693
    Latitude
    34.696001500563

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 1.06-acre lot, Hwy 24 & Taylor Notion Rd.
    Where is this land located?
    The property is located at 901 Wb Mclean Dr Cape Carteret, NC.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 1.06-acre commercial lot at the signalized intersection of Highway 24 and Taylor Notion Road, Cape Carteret, NC.; Carteret County location, near the Morehead City MSA.; Tax ID/APN: 538519504053000.
    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
    901 Wb Mclean Dr Cape Carteret, NC 28584
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