1065 Old Folkstone Rd Sneads Ferry, NC 28460
- Commercial real estate
- 17.06 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1065 Old Folkstone Rd
- Lot size
- 17.06 lot acres
- Property type
- Commercial real estate
- APN
- 427801373454
Description
This exceptional 17.06-acre parcel, located at 1065 Old Folkstone Rd, Sneads Ferry, NC 28460 (APN 427801373454), presents a unique investment opportunity. Zoned RA - Rural Agricultural, it offers significant flexibility for various uses. A previously approved Special Use Permit allows for a 20,000+ square foot brewery, but the property's prime location near the Old Folkstone Road/NC Highway 210 intersection makes it ideal for residential development. Conservatively estimated to accommodate 60+ townhome units, this land is situated in a rapidly growing area with high demand for housing. Extensive due diligence has already been completed, including a survey, topo survey, wetlands survey, Phase I environmental report, geotechnical report, multiple site plans, and the aforementioned approved Special Use Permit – all available to qualified buyers. The area is experiencing substantial commercial expansion, with projects like the North Shore Village expansion and the Topsail Way Shopping Center renovation underway, further enhancing the property's value and potential. This is a rare chance to capitalize on Sneads Ferry's booming real estate market. The property's strategic location at the heart of this growth makes it an exceptional investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sneads Ferry
- County
- Onslow
- State
- North Carolina
- Longitude
- -77.429606170876
- Latitude
- 34.525623992743