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    OFF-MARKET
    Land

    504 Riversound Dr, Edenton, NC 27932

    1 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 1 ac (43,560 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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