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    OFF-MARKET
    Land

    48637 Carolina Hwy, Buxton, NC 27920

    8.6 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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