3603 Virginia Dare Trl, Nags Head, NC 27959
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.
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Hollowell St Beach Access Parking Lot & Garage
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.