48637 Carolina Hwy, Buxton, NC 27920
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.
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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
Similar Nearby for Sale
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.