0 Magnolia School Rd Washington, NC 27889
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.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.