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    OFF-MARKET
    Land

    000 Fifth Ave, Hertford, NC 27944

    0.37 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.37-acre commercial lot, situated in the East Coast Development subdivision of Hertford, North Carolina, presents a compelling investment opportunity. Priced at $8,900, this property offers significant potential for development. The irregularly shaped lot encompasses 16,117 square feet and boasts a desirable corner location within Block 429. Currently located on an unimproved road, its R-zoning allows for a variety of potential uses. The land is cleared but requires some clearing of overgrown vegetation. Remnants of an old mobile home are present on a portion of the lot; potential buyers should verify zoning regulations regarding replacement structures. Its proximity to the Perquimans River and Highway 17 provides convenient access and excellent commuting options. This combined lot (previously lots 261, 267, and 268) is ready for your vision and represents a rare chance to acquire a well-positioned commercial parcel in a growing area. The property's size and location make it ideal for various commercial ventures. Don't miss this chance to secure this prime piece of land. The address is 000 5th Avenue, Hertford, NC 27944.

    Property profile
    Verified
    Property type Land
    Lot 0.37 ac (16,117 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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