Property profile

132 Chowan Shores Dr Colerain, NC 27924

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional residential land parcel, located at 132 Chowan Shores Drive in Colerain, North Carolina, presents a unique opportunity to build your dream home. Situated in Bertie County, zip code 27924, this lot offers a tranquil country setting while remaining conveniently located less than 30 minutes from Edenton and Windsor. The property boasts ample space, with dimensions of approximately 134.02 x 249.45 x 85 x 235.56 feet, although the exact acreage is listed as zero. Local building regulations require a minimum of 1500 square feet for new homes and prohibit modular, double-wide, and single-wide manufactured homes. This ensures a cohesive and high-quality neighborhood aesthetic. The asking price for this property is $9,999. Note that the seller is offering a reduced price for the purchase of multiple lots; they own 27 lots in total (8 in Taylors Landing and 19 in Chowan Shores) and are willing to negotiate a bulk sale. This presents a compelling investment opportunity for those seeking to develop multiple properties in this desirable location. The property's coordinates are 36.193829 latitude and -76.756812 longitude.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

132 Chowan Shores Dr Colerain, NC 27924
Colerain 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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