Property profile

48637 Carolina Hwy Buxton, NC 27920

OFF-MARKET
Land
8.6 ac lot
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Property summary

AI-generated overview

This exceptional 8.6-acre property, located at 48637 North Carolina Highway 12 in Buxton, North Carolina (zip code 27920), presents a unique investment opportunity. Situated in Dare County, this land boasts prime highway frontage, offering unparalleled accessibility. The property is zoned R2-A and SED1, allowing for a variety of development possibilities. With a total asking price of $990,000, the price per acre is $110,465. This makes it an attractive option for developers seeking to capitalize on the area's growth potential. The land's size and zoning provide flexibility for various projects, including single-family residential development, affordable housing initiatives, or commercial ventures that benefit from direct highway access. The property's location in Buxton, NC, offers a desirable setting with potential for strong returns on investment. Detailed zoning information and development guidelines are available upon request. This is a rare opportunity to acquire a significant parcel of land in a prime location with diverse development potential. Serious inquiries only.

Property profile

Verified
Property type Land
Lot 8.6 ac (374,616 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

48637 Carolina Hwy Buxton, NC 27920
Buxton metro
Google Maps

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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