945 Old Folkstone Rd Sneads Ferry, NC 28460
This exceptional 11.08-acre commercial land parcel presents a compelling investment opportunity in the rapidly expanding Sneads Ferry area of Onslow County, North Carolina. Located at 945 Old Folkstone Rd, this property boasts over 200 feet of road frontage and is zoned Highway Business (HB), allowing for a wide range of development possibilities. Utilities, including water and sewer, are readily available. The site's strategic location benefits from its proximity to the thriving Jacksonville Metropolitan Statistical Area, home to over 200,000 residents. Onslow County's population has surged in recent years, with continued robust growth projected, exceeding 3% annually. This growth is fueled by the significant economic impact of the US Marine Corps Base Camp Lejeune, employing over 43,000 personnel and generating over $3.5 billion annually. The property's convenient location offers easy access to major transportation arteries, including US Highway 17 (4 miles), Interstate 40 (47 miles), and airports in Jacksonville (28 miles) and Wilmington (42 miles). The site is also situated near the rapidly developing Four Corners intersection of NC Highways 172 and 210. This prime location, coupled with the favorable zoning and available utilities, makes this 11.08-acre parcel an ideal site for a variety of commercial ventures. The asking price is $1,939,000, or $175,000 per acre. Parcel numbers are 426802969483, 426802969836, and 427801071387.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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