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36 Acres Development Opportunity
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Gray Fox Rd, Havelock, NC 28532

36-acre tract suitable for multifamily or single-family development.

Property SizeContact for details
Lot Size36.00 Acres
Days on Market742

Property Features for Gray Fox Rd

General Information

Standard status Active
Class A
Lot size 36.00 Acres
Property subtype Multifamily
Zoning RM

Building Details

Units 240
Listing Agency: Century 21 Zaytoun-raines
Listed By: Melinda Bianchi · License #NC
Source: Crexi
Added: Aug 6, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Zaytoun-raines

Investment Insights

Based on property information with market context.

This 36-acre tract presents a development opportunity, with approximately 18 acres suitable for multifamily development, potentially accommodating a 240-unit apartment complex with amenities or single-family homes. An additional 6.4 acres are located in Railroad Row, with another 6.6 acres situated on the other side of the railroad track, though without legal access. The owner is constructing self-storage facilities on adjacent light industrial lots. The property is located one block from Highway 70 East and in close proximity to the entrance of Cherry Point Marine Air Base. The site is located in Craven County, which has a population of 100,874. Water, sewer, and electric utilities are available on Belltown Road. The Fox Ridge Court Subdivision is located across the street. According to the US Army Corps, the land is all uplands. The location is approximately 30 minutes from both New Bern and Morehead City.

Key Highlights

  • 36‑acre tract with approximately 18 acres suitable for multifamily development (up to 240 units) or single‑family homes.
  • Proximity to Cherry Point Marine Air Base, indicating high demand for multifamily housing.
  • Utilities (water, sewer, and electric) are available on Belltown Road.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

270
Businesses Nearby

Demographics for 28532, NC

20,340
Population
8,677
Households
2.3
Avg Household Size
33
Median Age
19%
College-Educated
93%
High-School Grad
165.4 sq mi
ZIP Area
123
Density / Sq Mi
$65,772
Median Household Income
$38,839
Median Earnings
$1,270
Median Rent
$193,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 36-acre tract suitable for multifamily or single-family development.
Where is this residential land & home lot located?
The property is located at Gray Fox Rd Havelock, NC.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 36‑acre tract with approximately 18 acres suitable for multifamily development (up to 240 units) or single‑family homes.; Proximity to Cherry Point Marine Air Base, indicating high demand for multifamily housing.; Utilities (water, sewer, and electric) are available on Belltown Road.
(908) 482-1395 Call to check price and availability
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