160 Hoyle Jones Rd Hertford, NC 27944
This exceptional 89.4-acre property, located at 160 Hoyle Jones Road in Hertford, North Carolina, presents a unique investment opportunity. Situated on the north banks of the Albemarle Sound, this level lot boasts over 800 feet of bulkheaded waterfront, complete with a boat ramp and pier. The property is zoned RA-15, offering considerable flexibility for development according to buyer specifications. Currently used for agricultural purposes, the land presents a blank canvas for various projects. The lot, encompassing 3,894,264 square feet, is conveniently located on a municipal road and offers stunning sunrise and sunset views. City water is available. Four additional single-family non-waterfront lots are also available separately. Block number is 146-6. The property's 2023 tax assessment reflects its prime location and potential. This is an ideal location for those seeking a waterfront paradise or a significant development project. The property's size and location make it a rare find in the Hertford area. Don't miss this chance to own a piece of the Albemarle Sound. The asking price is $1,599,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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