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    OFF-MARKET
    Land

    1153 Us 17, Elizabeth City, NC 27909

    5.19 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.19-acre commercial land parcel in Elizabeth City, North Carolina, presents a unique investment opportunity. Strategically located on heavily trafficked US Highway 17 South, the property boasts dual ingress/egress points, providing direct frontage on both Highway 17 and Trinkaloe Road. Zoned Highway Business (HB), this versatile land allows for a wide range of development options, including commercial, retail, office, and even multi-family housing. Its prime location offers significant advantages for businesses requiring easy access to major transportation routes, making it ideal for warehousing or logistics operations. The property's size and zoning flexibility provide considerable potential for various development projects, catering to both market-rate and affordable housing needs. The asking price is $480,000. The property is situated in Pasquotank County, NC, zip code 27909. This is a rare opportunity to acquire a substantial commercial land parcel in a high-traffic area with excellent accessibility and diverse development potential.

    Property profile
    Verified
    Property type Land
    Lot 5.19 ac (226,076 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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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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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