168 Queens Creek Rd Swansboro, NC 28584
- Commercial real estate
- 12,321 SF
- 3.70 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 168 Queens Creek Rd
- Year built
- 1938
- Lot size
- 3.70 lot acres
- Property size
- 12,321 SF
- Zone code
- B-1
- Property type
- Commercial real estate
- APN
- 21009
- APU
- 21009
Description
This exceptional 5.48-acre commercial land parcel presents a unique investment opportunity in the thriving Swansboro Commercial District. Located at 168 Queens Creek Rd, Swansboro, NC 28584, this property boasts a highly desirable B-1 Commercial zoning designation, allowing for a wide range of development possibilities. Its strategic location offers excellent visibility and accessibility, with convenient access to Highway 24, ensuring high traffic flow and exposure for any business. The site is situated within the Swansboro school district, benefiting from a strong local community and workforce. Furthermore, the property's proximity to established amenities is a significant advantage. Within a half-mile radius, three schools provide a convenient and family-friendly environment. A Walmart Supercenter is just one mile away, offering immediate access to essential retail and services. The Swansboro waterfront is a short 2.8-mile drive, and the popular beach destination of Emerald Isle is only 7.8 miles away. For those connected to the military, Camp Lejeune is approximately 20 miles from the property. Infrastructure is well-established, with readily available water and sewer services. A stormwater easement is in place, simplifying development planning. This prime location, coupled with its size and zoning, makes this property an ideal investment for developers and entrepreneurs seeking a strategic foothold in a rapidly growing area. The asking price is $649,500.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,070,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,495,000
- 6.5%
- $3,180,000
- 7%
- $3,675,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,625,000
- Geo Method
- $3,245,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,015,000
- Retail
- $3,355,000
- Mixed-Use
- $3,590,000
- Hospitality
- $2,995,000
- Educational
- $3,590,000
- Residential Income
- $3,305,000
- Energy
- $3,295,000
- Income-Based Land
- $3,375,000
- Food Service
- $3,170,000
Location Insight
- Map
- Local Demand
- City
- Swansboro
- County
- Onslow
- State
- North Carolina
- Longitude
- -77.1589
- Latitude
- 34.7007
- CBSA code
- 27340
- CBSA name
- JACKSONVILLE, NC METROPOLITAN STATISTICAL AREA