24251 Atlantic Dr Rodanthe, NC 27968
- Commercial real estate
- 1.84 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 24251 Atlantic Dr
- Year built
- 1980
- Lot size
- 1.84 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.84-acre oceanfront property in Rodanthe, NC, presents a unique investment opportunity. The iconic Rodanthe Pier, established in the 1960s, boasts approximately 500 feet of oceanfront expanse, offering breathtaking Atlantic views. Its rich history and prominent location make it a beloved destination, featured in popular films and attracting visitors year-round. The property's substantial size allows for significant development potential, subject to local regulations, potentially including a boutique hotel, resort, or exclusive oceanfront residences. The pier's current net operating income is $160,000. This prime location offers unparalleled access to the Outer Banks' natural beauty, including pristine beaches, diverse wildlife, and world-class surfing and fishing. Nearby amenities include charming shops, restaurants, and historical sites. This is a rare chance to acquire a piece of Outer Banks history and a highly sought-after coastal real estate asset. The property's potential for redevelopment, combined with its current income stream, makes it an exceptional investment opportunity.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Rodanthe
- County
- Dare
- State
- North Carolina
- Longitude
- -75.4614
- Latitude
- 35.5849