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    1285 Burnside Rd Manteo, NC 27954

    Sponsored
    For Sale
    $149,000

    Build Your Dream: Waterfront Potential, R-1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.69-acre commercial lot, located at 1285 Burnside Rd, Manteo, NC 27954, presents a unique investment opportunity. Priced at $149,000, this property offers significant potential for development. The lot boasts approximately 30,000 square feet and is zoned R-1, allowing for a variety of commercial uses. Its desirable location in Dare County offers the possibility of marsh and sound views, creating an idyllic setting for a new construction project. While currently lacking subdivision affiliation, this parcel provides ample space to realize your vision. The property's tax year is 2023. Adjacent lots are also available for purchase, presenting an opportunity to acquire a larger contiguous parcel. This is an exceptional chance to secure a prime piece of commercial land in a sought-after location. Don't miss this opportunity to build your dream project in Manteo, North Carolina. Contact us today to learn more about this incredible property.

    Property Features for 1285 Burnside Rd

    General Information

    Property type
    Land
    Lot Size
    30,056 SF

    HighLights

    • 0.69‑acre commercial lot in Manteo, NC.
    • 30,000 square feet.
    • No subdivision affiliation.
    • R‑1 zoning.
    • Priced at $149,000.
    • 2023 tax year.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Manteo
    County
    Dare
    State
    North Carolina
    Longitude
    -75.68655
    Latitude
    35.9020129

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    FAQs

    What type of property is this?
    Land - Build Your Dream: Waterfront Potential, R-1 Zoning
    Where is this land located?
    The property is located at 1285 Burnside Rd Manteo, NC.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: 0.69-acre commercial lot in Manteo, NC.; 30,000 square feet.; No subdivision affiliation.
    (252) 679-3111
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    1285 Burnside Rd Manteo, NC 27954
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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
    1285 Burnside Rd Manteo, NC 27954
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