Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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