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    135 Rich Blvd Elizabeth City, NC 27909

    Sponsored
    For Sale
    $325,000

    5-Acre Commercial Lot, Highway Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 5.01-acre commercial land parcel presents a remarkable investment opportunity in Elizabeth City, North Carolina. Strategically located at 135 Rich Blvd, in Pasquotank County (zip code 27909), this property boasts approximately 150 feet of road frontage on a busy thoroughfare. Its Highway Commercial zoning designation opens doors to a wide array of commercial uses. The lot's size provides ample space for development, and all utilities are readily available, simplifying the construction process. A significant advantage is that stormwater retention has already been addressed, eliminating a major hurdle in the development timeline. The property's prime location sits between established businesses like Papa John's and A.R. Chesson Construction Company, ensuring high visibility and accessibility. This is an ideal site for entrepreneurs and developers seeking a well-situated, ready-to-build commercial lot. The asking price is $325,000. This represents a compelling value given the location, zoning, and site preparation already completed. Don't miss this chance to acquire a highly desirable commercial property in a growing area.

    Property Features for 135 Rich Blvd

    General Information

    Property type
    Land
    Lot Size
    218,236 SF

    HighLights

    • $325,000 asking price.
    • 5.01‑acre commercial land parcel.
    • Highway Commercial zoning.
    • Located at 135 Rich Blvd, Elizabeth City, NC 27909.
    • Approximately 150 feet of road frontage on Rich Blvd.
    • Utilities available and stormwater retention addressed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Comprehensive Rehabilitation & Pain ... Pain Management Physician Comprehensive Rehabilitation Pain ... Medical Office Jessica L. Fuller-Hines, ... Pain Management Physician Jessica L. Fuller-Hines, ... Pain Management Physician Gorr Jessica H ... Doctor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth City
    County
    Pasquotank
    State
    North Carolina
    Longitude
    -76.2332967
    Latitude
    36.2846257

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    FAQs

    What type of property is this?
    Land - 5-Acre Commercial Lot, Highway Frontage
    Where is this land located?
    The property is located at 135 Rich Blvd Elizabeth City, NC.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: $325,000 asking price.; 5.01-acre commercial land parcel.; Highway Commercial zoning.
    (252) 256-1279
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    135 Rich Blvd Elizabeth City, NC 27909
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    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
    135 Rich Blvd Elizabeth City, NC 27909
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