2 Dees Ave Bayboro, NC 28515
This exceptional 2.8-acre parcel of land presents a unique opportunity for residential development in the desirable Bayboro, North Carolina area. Located at 2 Dees Avenue, Lot 2, this property boasts a picturesque setting on the Bay River, offering tranquil waterfront living. The lot is part of an eight-lot subdivision, with no deeded restrictions or homeowners association fees, providing flexibility for your building plans. The property is zoned residential and within the city limits of Bayboro, offering convenient access to local amenities. While the Bay River is navigable for smaller watercraft like kayaks and canoes, please note that larger boats may be restricted by bridges. The acreage includes wetlands along the river. County water is available with an estimated tap fee of $1850. Sewer service is present on adjacent properties on Dees Avenue. The asking price for this exceptional property is $50,000, representing a price per acre of $17,857.14. The APN is G042-68. This is an ideal location for those seeking a peaceful waterfront retreat with the convenience of city living. Don't miss this chance to build your dream home in this beautiful North Carolina setting.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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