518 Water St, Oriental, NC 28571
This remarkable property located at 518 WATER Street, Oriental, North Carolina presents a unique opportunity for discerning buyers. Boasting a substantial 4,007 square feet of space, this "Other" type property sits on a generous 1.09-acre lot. The expansive footprint offers significant potential for a variety of uses, from residential to commercial ventures, depending on zoning regulations and permitted uses. The prime location in Oriental, NC, offers unparalleled access to the waterfront, providing breathtaking views and recreational opportunities. The property's size and location make it an ideal investment for those seeking a significant presence in this desirable coastal town. Further investigation into local zoning ordinances and permitted uses is recommended to fully explore the development potential of this exceptional property. The asking price for this unique offering is $769,000. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property presents. Detailed property information and relevant documentation are available upon request. This is a rare opportunity to acquire a substantial waterfront property in a highly sought-after location.
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Oriental Harbor Real Estate Real Estate Agency
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Barcos Food Company Restaurant
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Art Works Oriental Art Gallery
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Oriental Holdings LLC Holding Company
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.