Property profile

266 Sterling Colson Way Hertford, NC 27944

OFF-MARKET
Land
4 ac lot
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Property summary

AI-generated overview

This exceptional 4-acre commercial lot, located at 266 Sterling Colson Way in the desirable Rivers Edge subdivision in Durants Neck, North Carolina, presents a unique investment opportunity. Zoned RA-43, this level, wooded parcel boasts mature hardwoods and offers unparalleled privacy. Measuring approximately 174,240 square feet (1300x110x1300x185), the property enjoys a cul-de-sac location on a private road, providing a tranquil setting while maintaining convenient access. The lot's natural beauty is further enhanced by its river view and community access to the waterfront. Currently used for timber, this versatile land is ideal for a variety of commercial ventures. The property is part of The Rivers Edge community, with an annual HOA fee of $250. Tax year is 2024, and the block number is 4. This is a rare chance to acquire a substantial, private, and naturally beautiful commercial lot in a sought-after riverfront location. Don't miss this opportunity to build your business in a serene and picturesque setting. The property is located in Perquimans County, NC, zip code 27944.

Property profile

Verified
Property type Land
Lot 4 ac (174,240 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

266 Sterling Colson Way Hertford, NC 27944
Hertford metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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