Property summary
This exceptional 5.6-acre commercial land parcel in Morehead City, North Carolina, presents a unique investment opportunity. Located at 105 Gloria Dawn Rd, this property boasts unparalleled visibility, situated directly across from a Harris Teeter shopping center and adjacent to a Lidl. The land is zoned CH and is designated as an Opportunity Zone, offering significant tax advantages. The asking price is $2,195,000. All necessary surveys have been completed, including a current survey, wetland delineation, and topography survey. Water and sewer services are readily available. This expansive property comprises five individual parcels, all included in the sale. Its prime location and comprehensive preparation make it ideal for a variety of commercial developments. The property's APN is 636610278070000 and the zip code is 28557. This is a rare chance to acquire a highly visible, well-situated commercial property in a thriving area. Don't miss this opportunity to capitalize on the potential of this exceptional location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district is intended to allow single-family dwellings at a density of up to 2.5 units per acre on minimum 15000 square foot lots, while preserving residential character and preventing blight or slum conditions
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
R15 · Morehead City, NCThis district is intended to allow single-family dwellings at a density of up to 2.5 units per acre on minimum 15000 square foot lots, while preserving residential character and preventing blight or slum conditions
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district is intended to allow single-family dwellings at a density of up to 2.5 units per acre on minimum 15000 square foot lots, while preserving residential character and preventing blight or slum conditions
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R15 in Morehead City, NC.
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Find the owner behind the property.
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