Entity Owned Property summary
This exceptional 0.57-acre residential land parcel presents a remarkable redevelopment opportunity in the desirable Morehead City, North Carolina area. Located at 2100 Fisher Street, this property boasts a convenient location, just minutes away from the popular Atlantic Beach. The R5 zoning designation offers flexibility for various residential development plans. Enjoy the ease of walking to nearby shops and restaurants, adding to the property's appeal. For those seeking medical proximity, Carteret General Hospital is less than two miles away. The lot's size provides ample space for a single-family home or a smaller multi-family development, subject to local zoning regulations. This prime location combines the tranquility of a residential setting with the convenience of nearby amenities and essential services. The asking price for this exceptional property is $450,000. This represents a significant investment opportunity in a thriving coastal community. The property's address is 2100 Fisher St, Morehead City, NC 28557. Serious inquiries are encouraged to explore the potential of this exceptional land parcel. Further details regarding zoning regulations and development possibilities are readily available upon request.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district is intended to allow single-family dwellings at a density of up to eight units per acre on minimum 5000 square foot lots, while protecting the quiet residential character and preventing blight or slum condi…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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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
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
R5 · Morehead City, NCThis district is intended to allow single-family dwellings at a density of up to eight units per acre on minimum 5000 square foot lots, while protecting the quiet residential character and preventing blight or slum condi…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district is intended to allow single-family dwellings at a density of up to eight units per acre on minimum 5000 square foot lots, while protecting the quiet residential character and preventing blight or slum condi…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R5 in Morehead City, NC.
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