Entity Owned Property summary
This exceptional 1.35-acre commercial property, located at 1221 Carolina Avenue in Elizabeth City, North Carolina, presents a unique investment opportunity. Boasting a substantial 14,295 square feet of space, this property is zoned AD1, offering a wide range of potential uses. The asking price is $650,000, translating to a price per square foot of $45.47. Originally constructed in 1968, the property's existing structure provides a solid foundation for redevelopment or repurposing. The ample lot size allows for significant flexibility in development plans. The property's location in Elizabeth City, Pasquotank County (zip code 27909), offers convenient access to local amenities and transportation routes. The property's Assessor's Parcel Number (APN) is 0010129. Preliminary work has already been undertaken, streamlining the process for future development. This property is ideal for investors seeking a versatile commercial space with significant upside potential. The property's size and zoning make it suitable for a variety of commercial ventures, ensuring a strong return on investment. Contact us today to learn more about this exciting opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
AD1 · Elizabeth City, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for AD1 in Elizabeth City, NC.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight
