Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    476 Nc-24 Morehead City, NC 28557

    For Sale
    $2,295,000

    16 Acres, Prime Coastal Location, Commercial/Residential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 16.08-acre property boasts over 1000 feet of road frontage on Highway 24 in Morehead City, North Carolina. Situated just before the Brandywine Bay Golf Club Community and across the highway from Camp Morehead, this land offers unparalleled visibility and accessibility. Currently zoned CH (Commercial Highway), it presents a remarkable opportunity for various commercial ventures. Recent updates include a completed wetland delineation and secured commitments for water and sewer services, streamlining the development process. The property's prime coastal location and flexible zoning potential also allow for exploration of residential or mixed-use development options, subject to necessary approvals. The parcel's APN is 635614346750000. The asking price is $2,295,000. This is a rare chance to acquire a significant tract of land in a highly desirable coastal North Carolina location. Don't miss this exceptional investment opportunity.

    Property Features for 476 Nc-24

    General Information

    Property type
    Land
    Lot Size
    700,445 SF

    HighLights

    • 1000+ feet of Hwy 24 frontage in prime Morehead City coastal location.
    • 16‑acre commercial parcel near Brandywine Bay Golf Club.
    • Currently zoned Commercial Highway with available utilities.
    • Suitable for commercial development or potential rezoning for residential/mixed‑use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Morehead City
    County
    Carteret
    State
    North Carolina
    Longitude
    -76.823669036081
    Latitude
    34.731516724353

    Nearby Similar for Sale

    • $239,000
      1,030 SF

      Updated Townhome in Central Location

      Updated 2BR/1.5BA townhome near shopping, dining, and water access.
      3200 Crystal Oaks Ln, Morehead City, NC 28557
      View Details
    • Contact for pricing
      5,880 SF

      Downtown Morehead City Office Space

      Office space for lease in downtown Morehead City.
      911 Arendell St, Morehead City, NC 28557
      View Details
    • $1,900,000
      7,500 SF

      All-Brick Office Building For Sale

      High-traffic location, superior construction, and customizable unfinished space.
      210 Hwy, Morehead City, NC
      View Details
    • $1,100,000

      Restaurant Ready Building For Sale

      Restaurant-ready building with kitchen and walk-in coolers for sale.
      3010 Arendell St, Morehead City, NC 28557
      View Details
    • Contact for pricing
      2,700 SF

      Medical Space in Morehead City

      Medical office space available for sale in Morehead City.
      210 Penny Ln, Morehead City, NC 28557
      View Details
    • $1,750,000
      5,540 SF

      Morehead City Mixed-Use Gem

      Historic Downtown B&B, Huge Potential
      500 Arendell St, Morehead City, NC 28557
      View Details

    FAQs

    What type of property is this?
    Land - 16 Acres, Prime Coastal Location, Commercial/Residential
    Where is this land located?
    The property is located at 476 Nc-24 Morehead City, NC.
    What is the asking price?
    The asking price for this property is $2,295,000.
    What are key features of this property?
    This property features: 1000+ feet of Hwy 24 frontage in prime Morehead City coastal location.; 16-acre commercial parcel near Brandywine Bay Golf Club.; Currently zoned Commercial Highway with available utilities.
    (980) 580-7469
    Request Owner's contact information
    476 Nc-24 Morehead City, NC 28557
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    476 Nc-24
    Morehead City, NC 28557
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    476 Nc-24 Morehead City, NC 28557
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.