Building Details

Year Built 1980

Year Renovated 2014

Tenancy Single

Listing Agency: REMAX Coastal Associates o***@gmail.com Show Phone

Listed By: Misty Gillikin · License #NC 252438

Source: Crexi

Added: Jul 1, 2024 Changed: Aug 16 Last Checked: Aug 19 at 5:31AM

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Investment Insights

Based on property information with market context.

The Rodanthe Pier, established in the 1960s, presents a spectacular oceanfront opportunity in Rodanthe, North Carolina. This historic landmark offers breathtaking ocean views and unparalleled access to the Atlantic. Situated on a prime stretch of Rodanthe's coastline, the pier spans approximately 500 feet over the water. The property holds a rich legacy and is a beloved destination for locals and tourists. The location offers proximity to world-class surfing, fishing, and water sports, attracting outdoor enthusiasts year-round. It is also close to charming shops, dining options, and historical sites. The property is ideal for redevelopment opportunities such as a boutique hotel, resort, or exclusive oceanfront residences, subject to local regulations. The property has potential for investment and offers a canvas for visionary development in North Carolina's coastal real estate market. The property size is 3,212 square feet.

Key Highlights

• Oceanfront Location: Prime location with panoramic Atlantic Ocean views.
• Income Potential: Current Net Operating Income (NOI) of $160,000.
• Development Potential: Ideal for redevelopment into a boutique hotel, resort, or oceanfront residences (subject to regulations).

Property Analytics

Property Profile

Current Use

Marinas

Location Intelligence

Trade Area within ½ mile

110

Businesses Nearby

Explore this area Business Placement

Demographics for 27968, NC

213

Population

517

Households

0.4

Avg Household Size

49

Median Age

69%

College-Educated

94%

High-School Grad

7.6 sq mi

ZIP Area

28

Density / Sq Mi

$34,066

Median Household Income

$30,387

Median Earnings

$431,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Marina - Historic oceanfront pier with redevelopment potential in Rodanthe, North Carolina.

Where is this marina located?

The property is located at 24251 Atlantic Dr Rodanthe, NC.

What is the asking price?

The asking price for this property is $1,900,000.

What are key features of this property?

This property features: Oceanfront Location: Prime location with panoramic Atlantic Ocean views.; Income Potential: Current Net Operating Income (NOI) of $160,000.; Development Potential: Ideal for redevelopment into a boutique hotel, resort, or oceanfront residences (subject to regulations).