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    142 Bayview Dr Stumpy Point, NC 27978

    Sponsored
    For Sale
    $77,700

    5.1-Acre Commercial Lot, Ready to Build

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.1-acre commercial lot in Stumpy Point, North Carolina, presents a unique development opportunity. Located at 142 Bayview Drive, 27978, this level, cleared lot boasts dimensions of approximately 90 feet by 2000 feet, totaling 222,191 square feet. The property is zoned SP-2 and situated within the Stumpy Point Bay subdivision. Conveniently located, it offers city water and sewer access, significantly reducing infrastructure development costs. The lot is largely cleared, approximately 95% ready for construction, minimizing site preparation needs. A community boat ramp provides easy access to the water. While wooded areas may exist, the majority of the lot is cleared and level, providing a nearly build-ready site. The property's location offers potential for sound views with appropriate home design. 2023 tax records are available. This prime location and build-ready condition make this a highly attractive investment. Seize this opportunity to build your dream project in a desirable coastal North Carolina setting.

    Property Features for 142 Bayview Dr

    General Information

    Property type
    Land
    Lot Size
    222,156 SF

    HighLights

    • 5.1‑acre commercial lot in Stumpy Point, NC, priced at $77,700.
    • 90' frontage on a level, cleared 5.1‑acre lot (approx. 222,191 sq ft) in the Stumpy Pt Bay subdivision.
    • Zoned SP‑2 with city water and sewer available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Kitchen & Bath Plumbing Service Seafood Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Stumpy Point
    County
    Dare
    State
    North Carolina
    Longitude
    -75.7551809
    Latitude
    35.7096159

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    FAQs

    What type of property is this?
    Land - 5.1-Acre Commercial Lot, Ready to Build
    Where is this land located?
    The property is located at 142 Bayview Dr Stumpy Point, NC.
    What is the asking price?
    The asking price for this property is $77,700.
    What are key features of this property?
    This property features: 5.1-acre commercial lot in Stumpy Point, NC, priced at $77,700.; 90' frontage on a level, cleared 5.1-acre lot (approx. 222,191 sq ft) in the Stumpy Pt Bay subdivision.; Zoned SP-2 with city water and sewer available.
    (252) 679-3111
    Request Owner's contact information
    142 Bayview Dr Stumpy Point, NC 27978
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    Stumpy Point, NC 27978
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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
    142 Bayview Dr Stumpy Point, NC 27978
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