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    OFF-MARKET
    Land

    1000 Driftwood Dr, Elizabeth City, NC 27909

    1 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 1 ac (43,560 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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