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    945 Old Folkstone Rd Sneads Ferry, NC 28460

    Sponsored
    For Sale
    $1,939,000

    11+ Acres, Highway Business Zoning, High Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 11.08-acre commercial land parcel presents a compelling investment opportunity in the rapidly expanding Sneads Ferry area of Onslow County, North Carolina. Located at 945 Old Folkstone Rd, this property boasts over 200 feet of road frontage and is zoned Highway Business (HB), allowing for a wide range of development possibilities. Utilities, including water and sewer, are readily available. The site's strategic location benefits from its proximity to the thriving Jacksonville Metropolitan Statistical Area, home to over 200,000 residents. Onslow County's population has surged in recent years, with continued robust growth projected, exceeding 3% annually. This growth is fueled by the significant economic impact of the US Marine Corps Base Camp Lejeune, employing over 43,000 personnel and generating over $3.5 billion annually. The property's convenient location offers easy access to major transportation arteries, including US Highway 17 (4 miles), Interstate 40 (47 miles), and airports in Jacksonville (28 miles) and Wilmington (42 miles). The site is also situated near the rapidly developing Four Corners intersection of NC Highways 172 and 210. This prime location, coupled with the favorable zoning and available utilities, makes this 11.08-acre parcel an ideal site for a variety of commercial ventures. The asking price is $1,939,000, or $175,000 per acre. Parcel numbers are 426802969483, 426802969836, and 427801071387.

    Property Features for 945 Old Folkstone Rd

    General Information

    Property type
    Land
    Lot Size
    482,645 SF

    HighLights

    • 11.08‑acre commercial land parcel in Sneads Ferry, Onslow County, NC.
    • 11.08‑acre site with over 200 feet of road frontage on Old Folkstone Rd.
    • Water and sewer available.
    • Highway Business (HB) zoning.
    • Located near the rapidly growing Four Corners intersection of NC Highways 172 and 210.
    • Proximity to Camp Lejeune (43,000+ personnel) and Jacksonville/Wilmington.
    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 Hair Salon Clothing Store Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sneads Ferry
    County
    Onslow
    State
    North Carolina
    Longitude
    -77.43937525
    Latitude
    34.52628091

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    FAQs

    What type of property is this?
    Land - 11+ Acres, Highway Business Zoning, High Growth Area
    Where is this land located?
    The property is located at 945 Old Folkstone Rd Sneads Ferry, NC.
    What is the asking price?
    The asking price for this property is $1,939,000.
    What are key features of this property?
    This property features: 11.08-acre commercial land parcel in Sneads Ferry, Onslow County, NC.; 11.08-acre site with over 200 feet of road frontage on Old Folkstone Rd.; Water and sewer available.
    Request Owner's contact information
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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
    945 Old Folkstone Rd Sneads Ferry, NC 28460
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