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    1000 Driftwood Dr Elizabeth City, NC 27909

    Sponsored
    For Sale
    $75,000

    Prime 1-acre waterfront lot, stunning views.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-acre waterfront lot, located at 1000 Driftwood Drive in the peaceful Glen Cove subdivision of Elizabeth City, North Carolina, presents a unique investment opportunity. Boasting breathtaking views of the Albemarle Sound, this level lot offers approximately 43,709.5 square feet of buildable land, perfect for your dream home or commercial venture. Situated approximately 20 minutes outside of Elizabeth City, the property enjoys a tranquil setting while remaining conveniently close to the city's amenities. The lot is zoned residential and is part of Block 103. Tax records reflect a 2021 tax year. The property's waterfront location provides unparalleled access to the sound's beauty and recreational opportunities. The HOA dues are $30 annually. This is a rare chance to acquire a prime piece of waterfront property in a desirable location. The asking price is $75,000. Don't miss this opportunity to own a piece of paradise in Pasquotank County, NC, zip code 27909. Coordinates: 36.1735053, -76.0723988.

    Property Features for 1000 Driftwood Dr

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑acre waterfront lot in Glen Cove subdivision, Elizabeth City, NC.
    • Waterfront lot with Albemarle Sound views.
    • Level lot, 43,709.5 sq ft.
    • Residential zoning, Block 103.
    • 2021 tax records.
    • $30 annual HOA dues.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth City
    County
    Pasquotank county
    State
    North Carolina
    Longitude
    -76.0723988
    Latitude
    36.1735053

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    FAQs

    What type of property is this?
    Land - Prime 1-acre waterfront lot, stunning views.
    Where is this land located?
    The property is located at 1000 Driftwood Dr Elizabeth City, NC.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: 1-acre waterfront lot in Glen Cove subdivision, Elizabeth City, NC.; Waterfront lot with Albemarle Sound views.; Level lot, 43,709.5 sq ft.
    Request Owner's contact information
    1000 Driftwood Dr Elizabeth City, NC 27909
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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
    1000 Driftwood Dr Elizabeth City, NC 27909
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