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    Property profile & analytics
    OFF-MARKET Estimated value $6,440,000
    Commercial real estate

    1435 Corbett Ave, Swansboro, NC 28584-8467

    31,441 SF 14.32 ac lot
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US53-3845298
    Property summary
    AI-generated overview

    This exceptional 4-acre parcel located at 1435 W CORBETT Avenue in Swansboro, NC presents a unique opportunity for development. The property's expansive size offers significant potential for a variety of uses, making it ideal for those seeking a substantial land holding in a desirable location. Situated in Swansboro, this land benefits from the town's attractive amenities and convenient access to local services and attractions. The absence of existing structures allows for complete design flexibility, enabling the creation of a custom-built property tailored to specific needs and preferences. Buyers can envision a range of possibilities, from constructing a large single-family residence to developing a multi-unit project, subject to local zoning regulations and approvals. The substantial acreage provides ample space for landscaping, outdoor recreational areas, or other desired features. Given its size and location, this property represents a rare find in the Swansboro real estate market, offering a blank canvas for creating a truly exceptional property. The asking price of $490,000 reflects the significant value and potential of this land. Serious inquiries are encouraged to explore the possibilities and begin the process of transforming this prime Swansboro location into a remarkable property. Further due diligence is recommended to confirm zoning and development possibilities.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Total area 31,441 SF
    Lot 14.32 ac (623,779 SF)
    Zoning code B-1
    APN 61880
    UPID US53-3845298
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.90M
    Blend (final) Blend
    $6.44M
    Owner & transaction history
    1435 W Corbett LLC · 4 yrs held
    1435 W Corbett LLC
    since 2021
    Last sale
    $7.6M
    1 recorded transaction
    2021
    $7.6M
    Zoning & alternative use
    B-1 · Swansboro, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Industrial (general) $7.3M +55.5%
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