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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Us-17 Washington, NC 27889

5.89 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Lot 5.89 ac (256,568 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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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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