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Property summary
This exceptional 73-acre commercial development in Elizabeth City, NC, offers various sized outparcels for sale, ranging from 1 to 3 acres. Strategically located on Halstead Boulevard Extended, near the intersection of Hughes Boulevard, this property benefits from Elizabeth City's robust residential and commercial growth, recently recognized by Money Magazine as a top East Coast location. The site enjoys excellent visibility and accessibility, situated near a Walmart Supercenter at the intersection of Halstead Boulevard Extended and US Route 17 Bypass (Exit 258). Further enhancing its appeal is the proximity to a new 8-screen RC Theatre (opened June 2020) and a 97-room Fairfield Inn and Suites, already established on a portion of the land. The current owner has subdivided the property, making individual parcels available for sale to end-users. The property is zoned GB, providing flexibility for a variety of commercial uses. This presents a unique opportunity to acquire land in a thriving area with strong existing infrastructure and significant future potential. The address is 1805 City Center Blvd, Elizabeth City, NC 27909, in Pasquotank County.
Property profile
VerifiedCap rate & NOI
Current use
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Cinema Theater & Performing Art Venue
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The GB Business District is established as a district in which to accommodate a wide range of retail, business, professional, and personal services office and limited wholesale uses, multi family developments are also pe…
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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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GB · Elizabeth City, NCThe GB Business District is established as a district in which to accommodate a wide range of retail, business, professional, and personal services office and limited wholesale uses, multi family developments are also pe…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The GB Business District is established as a district in which to accommodate a wide range of retail, business, professional, and personal services office and limited wholesale uses, multi family developments are also pe…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GB in Elizabeth City, NC.
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Find the owner behind the property.
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