Property summary
Exceptional opportunity to acquire a 0.52-acre commercial lot in Nags Head, North Carolina. Located at 3603 S Virginia Dare Trail, this level, clear lot boasts 50 feet of ocean frontage and breathtaking ocean views. Zoned CR, this property presents a unique investment opportunity in a highly desirable location. The lot, part of the Geo T Stronach subdivision, offers city water and a septic system. While a small encroachment from a neighboring structure and driveway exists, a recent survey (available upon request) clarifies buildable area, ensuring compliance with local regulations. This rare oceanfront offering in old Nags Head is the only active listing of its kind, making it an exceptional investment for a dream home, vacation retreat, or commercial venture. The lot size is 22,750 square feet. 2023 tax records are available. Asking price is $1,250,000. Don't miss this chance to own a piece of prime Nags Head real estate.
Property profile
VerifiedCap rate & NOI
Current use
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Parking Lot & Garage
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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