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Property profile & analytics
OFF-MARKET
Land

0 Magnolia School Rd Washington, NC 27889

77.58 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 77.58-acre commercial land tract presents a unique investment opportunity in Beaufort County, North Carolina. Located on Magnolia School Rd, Washington, NC 27889, this property is conveniently situated just 4.5 miles from the vibrant downtown area, offering a blend of rural tranquility and urban accessibility. The flat, flood-zone-free terrain is ideal for a variety of development projects, from residential communities to industrial complexes. The expansive fields and natural beauty provide an attractive canvas for ambitious ventures. Alternatively, the substantial sand deposits make this land highly suitable for sand mining operations, capitalizing on the growing demand within various industries. Beyond its commercial potential, the property boasts a fishing pond and picturesque scenery, offering recreational possibilities. The asking price is $1,300,000, translating to approximately $16,900 per acre. This property is being offered for sale by owner and presents a compelling opportunity for investors seeking a versatile and strategically located land asset in eastern North Carolina. The property's latitude and longitude coordinates are 35.5155 and -76.9860532 respectively.

Property profile
Verified
Property type Land
Lot 77.58 ac (3,379,385 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
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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