1153 Us 17, Elizabeth City, NC 27909
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.