Property profile

219 Hill St Engelhard, NC 27824

OFF-MARKET
Specialty properties
Property ID
US53-4511561
5,002 SF 7.58 ac lot
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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 Specialty properties
Total area 5,002 SF
Lot 7.58 ac (330,185 SF)
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

Location

219 Hill St Engelhard, NC 27824
Engelhard metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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