1000 Driftwood Dr, Elizabeth City, NC 27909
This exceptional 1-acre waterfront lot, located at 1000 Driftwood Drive in the peaceful Glen Cove subdivision of Elizabeth City, North Carolina, presents a unique investment opportunity. Boasting breathtaking views of the Albemarle Sound, this level lot offers approximately 43,709.5 square feet of buildable land, perfect for your dream home or commercial venture. Situated approximately 20 minutes outside of Elizabeth City, the property enjoys a tranquil setting while remaining conveniently close to the city's amenities. The lot is zoned residential and is part of Block 103. Tax records reflect a 2021 tax year. The property's waterfront location provides unparalleled access to the sound's beauty and recreational opportunities. The HOA dues are $30 annually. This is a rare chance to acquire a prime piece of waterfront property in a desirable location. The asking price is $75,000. Don't miss this opportunity to own a piece of paradise in Pasquotank County, NC, zip code 27909. Coordinates: 36.1735053, -76.0723988.
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.