504 Riversound Dr, Edenton, NC 27932
This exceptional 1-acre commercial lot ($42,500) is located in the prestigious Riversound gated community in Edenton, North Carolina (zip code 27932). Situated on a private road within the subdivision, this wooded lot offers 43,560 square feet of buildable space. The property's R25 zoning allows for various commercial development opportunities. Its ideal location provides convenient access to community amenities, including a playground, boat ramp, and clubhouse. Riversound boasts a scenic waterfront setting along the Yeopim River and Middleton Creek, offering water access for all property owners. The lot is identified as Block 42(a-j) and the 2023 tax records are available upon request. This presents a unique chance to acquire a prime commercial parcel in a desirable, established community with excellent access to recreational facilities and natural beauty. The current use is residential, but the R25 zoning opens doors to a variety of commercial ventures. This is a rare opportunity to invest in a thriving waterfront community.
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.