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    OFF-MARKET
    Marinas

    219 Hill St, Engelhard, NC 27824

    5,002 SF 7.58 ac lot
    Property ID
    US53-4511561
    Property summary
    AI-generated overview

    This exceptional waterfront property in Engelhard, NC, presents a unique investment opportunity. Spanning 7.58 acres on Far Creek, with deep-water access to the Pamlico Sound, this established business includes a thriving marina boasting 20 wet boat slips and additional dock space for larger vessels. A fully operational waterfront cafe with outdoor seating complements the 34 mobile home/RV sites and a convenient boat ramp. Six buildings enhance the property's functionality: a 1,782 sq ft manager's residence, a 547 sq ft cafe, a 1,024 sq ft industrial building with two 12-foot roll-up doors, a 39 sq ft bathhouse with separate men's and women's facilities, a 993 sq ft shop with a game room, and a 617 sq ft industrial building with a 12-foot roll-up door. The property's commercial/industrial zoning allows for potential expansion or redevelopment. Located on 219 Hill St, Engelhard, NC 27824, this turnkey operation benefits from its proximity to major roadways (US Hwy 264 East), popular tourist destinations like the Cape Hatteras National Seashore (over 2.8 million visitors in 2023) and Ocracoke Island (over 1 million visitors annually), and a robust local economy driven by tourism, agriculture, and the seafood industry. The property's APN is 8695545052. Asking price is $2,500,000. The total square footage of buildings is 5,002.

    Property profile
    Verified
    Property type Marinas
    Total area 5,002 SF
    Lot 7.58 ac (330,185 SF)
    APN 8695545052
    UPID US53-4511561
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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