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    266 Sterling Colson Way Hertford, NC 27944

    For Sale
    $59,900

    Hertford, NC Riverfront Lot - $59,900

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 4-acre commercial lot, located at 266 Sterling Colson Way in the desirable Rivers Edge subdivision in Durants Neck, North Carolina, presents a unique investment opportunity. Zoned RA-43, this level, wooded parcel boasts mature hardwoods and offers unparalleled privacy. Measuring approximately 174,240 square feet (1300x110x1300x185), the property enjoys a cul-de-sac location on a private road, providing a tranquil setting while maintaining convenient access. The lot's natural beauty is further enhanced by its river view and community access to the waterfront. Currently used for timber, this versatile land is ideal for a variety of commercial ventures. The property is part of The Rivers Edge community, with an annual HOA fee of $250. Tax year is 2024, and the block number is 4. This is a rare chance to acquire a substantial, private, and naturally beautiful commercial lot in a sought-after riverfront location. Don't miss this opportunity to build your business in a serene and picturesque setting. The property is located in Perquimans County, NC, zip code 27944.

    Property Features for 266 Sterling Colson Way

    General Information

    Property type
    Land
    Lot Size
    174,240 SF

    HighLights

    • 4‑acre lot.
    • 4 acres of wooded land.
    • 1300 x 110 x 1300 x 185 foot lot dimensions.
    • Cul‑de‑sac location.
    • River views.
    • Level lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hertford
    County
    Perquimans county
    State
    North Carolina
    Longitude
    -76.244039
    Latitude
    36.149802

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    FAQs

    What type of property is this?
    Land - Hertford, NC Riverfront Lot - $59,900
    Where is this land located?
    The property is located at 266 Sterling Colson Way Hertford, NC.
    What is the asking price?
    The asking price for this property is $59,900.
    What are key features of this property?
    This property features: 4-acre lot.; 4 acres of wooded land.; 1300 x 110 x 1300 x 185 foot lot dimensions.
    Request Owner's contact information
    266 Sterling Colson Way Hertford, NC 27944
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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
    266 Sterling Colson Way Hertford, NC 27944
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