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    OFF-MARKET
    Commercial real estate

    3603 Virginia Dare Trl, Nags Head, NC 27959

    0.52 ac lot
    Property ID
    US53-4557746
    Property summary
    AI-generated overview

    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
    Verified
    Property type Commercial real estate
    Lot 0.52 ac (22,651 SF)
    UPID US53-4557746
    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
    Current use
    Occupant on record · Public records
    • Hollowell St Beach Access Parking Lot & Garage
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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