1371 Alligator Loop Rd Merritt, NC 28556
- Commercial real estate
- 2.20 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1371 Alligator Loop Rd
- Lot size
- 2.20 lot acres
- Property type
- Commercial real estate
- APN
- I-06-87
Description
This exceptional 2.2-acre commercial land parcel presents a unique investment opportunity in Merritt, North Carolina. Located at 1371 Alligator Loop Road, this property boasts 176 feet of road frontage, providing excellent visibility and accessibility. The land is currently wooded and offers significant development potential for a variety of commercial uses. Note that the acreage is an approximation, as it's currently part of a larger deed description; only the specified 2.2 acres (give or take) are being sold. A separate deed will be issued upon sale, at which point the tax value will be determined. An easement exists on one side of the property, providing additional frontage onto John Deere Road. Importantly, there is no homeowner's association (HOA), offering flexibility for development plans. While the lot has not undergone a perc test, its size and location make it an attractive prospect for commercial ventures. The asking price is $28,000, translating to approximately $12,727.27 per acre. The property's APN is I-06-87. This is a prime opportunity to acquire a sizable commercial lot in a desirable location. Serious inquiries are encouraged.
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
- Merritt
- County
- Pamlico
- State
- North Carolina
- Longitude
- -76.722463
- Latitude
- 35.114023
