0 Us-17 Washington, NC 27889
Exceptional waterfront commercial land opportunity in Washington, North Carolina, priced at $2,900,000. This 5.89-acre parcel boasts breathtaking views of the Pamlico River and the historic downtown area. Strategically located across the canal from the city center, the property offers unparalleled access to the Pamlico River, Pamlico Sound, and the Intracoastal Waterway. The B1H zoning permits a wide range of development options. Significant progress has already been made, with major CAMA permits secured for the construction of a 148-slip marina. This presents a unique chance to capitalize on the high demand for waterfront properties in this desirable location. The land is priced at $662,139 per acre, reflecting its prime location and development potential. This is an exceptional investment opportunity for developers seeking a high-impact project in a thriving coastal community. The property's size and location make it ideal for a variety of commercial ventures, including hospitality, multi-family, retail, and vacation/resort developments. Detailed information and permitting documentation are available upon request. Don't miss this chance to acquire a truly remarkable waterfront property.
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.
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.