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    OFF-MARKET
    Land

    3815 Conlon Way, Elizabeth City, NC 27909

    1.05 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.05-acre commercial land parcel presents a prime investment opportunity in Elizabeth City, North Carolina. Strategically located at 3815 Conlon Way, this property boasts unparalleled visibility and accessibility, situated amongst a vibrant retail landscape. Major anchors such as Walmart, Aldi, TJ Maxx, Hobby Lobby, and Ross Dress for Less are immediate neighbors, ensuring high traffic volume and strong consumer presence. The site benefits from easy access via multiple full-access traffic lights, maximizing exposure and convenience for potential businesses. Furthermore, the property's proximity to the under-construction $200 million Sentara Albemarle Regional Health Campus, a facility projected to employ over 1,000 individuals, promises significant future growth and increased foot traffic. This development, less than one mile away, significantly enhances the long-term value and potential of this exceptional land parcel. The surrounding area also shows strong residential growth, creating a robust and expanding consumer base. This parcel in Pasquotank County, zip code 27909, offers an unparalleled opportunity for developers and investors seeking a high-visibility location with exceptional growth potential in a thriving community. The property's size and location make it ideal for a variety of commercial uses.

    Property profile
    Verified
    Property type Land
    Lot 1.05 ac (45,738 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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