103 Gloria Dawn Rd, Morehead City, NC 28557
This exceptional 23.53-acre commercial property in Morehead City, North Carolina, presents a unique investment opportunity. Located at 103 Gloria Dawn Rd, 28557, this strategically positioned land boasts excellent visibility, situated directly across from the Harris Teeter Shopping Center. The property is comprised of two distinct zones: approximately 5.6 acres zoned Commercial Highway (CH) at the intersection of Bridges Street Ext. and Gloria Dawn Rd, and an additional 18 acres zoned Industrial (I). This versatile zoning allows for a wide range of development possibilities. The property also benefits from convenient railroad access along its southern boundary, making it ideal for businesses requiring efficient transportation. A completed wetland survey is available, streamlining the development process. Furthermore, the property has access to Morehead City water and sewer services. The seller is open to subdividing the land to accommodate various development needs. This prime acreage is designated as an Opportunity Zone, offering significant tax advantages for qualified investors. The APN is 636609271422000. This is a rare opportunity to acquire a substantial parcel of land in a thriving coastal community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.