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    OFF-MARKET
    Land

    1285 Burnside Rd, Manteo, NC 27954

    0.69 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.69-acre commercial lot, located at 1285 Burnside Road in Manteo, North Carolina (zip code 27954), presents a unique opportunity for development. Zoned R-1, this property boasts a generous 30,000 square feet and a width exceeding 95 feet, providing ample space for a variety of commercial ventures. Situated in Dare County, the lot offers a desirable location within the vibrant Manteo community. The asking price is $149,000. While currently undeveloped, the expansive size and favorable zoning regulations make this land ideal for constructing a substantial commercial building. The property's dimensions allow for significant design flexibility, catering to diverse business needs. Furthermore, the availability of adjoining lots (sold separately) presents the potential for larger-scale development or expansion. Build package options are also available for those seeking a streamlined construction process. Tax information is available from the 2022 tax year. This is a rare opportunity to acquire a sizable commercial lot in a thriving coastal North Carolina town. Don't miss out on this chance to build your vision in a prime location.

    Property profile
    Verified
    Property type Land
    Lot 0.69 ac (30,056 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
    AI Approach AI
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    CAP Approach CAP
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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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