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Property profile & analytics
OFF-MARKET
Strip malls

814 15th St Washington, NC 27889-3531

8.9 ac lot Built 1971
Individually Owned Absentee Owner Free & Clear
Property ID
US53-3786091
Property summary
AI-generated overview

This exceptional 3.5-acre commercial property, located at 814 W 15TH Street in Washington, North Carolina, presents a unique investment opportunity. The expansive lot offers significant potential for a variety of commercial developments, catering to the needs of a growing community. Its strategic location within Washington provides excellent visibility and accessibility, making it an ideal site for businesses seeking a prominent presence. The property's size allows for ample space for construction, parking, and landscaping, accommodating a wide range of project scales and designs. The absence of existing structures provides a blank canvas for a custom-built development, tailored to specific business requirements. This presents a rare chance to create a landmark commercial property in a thriving area. The asking price of $1,350,000 reflects the significant potential and value offered by this substantial land parcel. Serious inquiries are encouraged to explore the possibilities and secure this prime commercial real estate asset. The property is zoned for commercial use, allowing for a diverse range of development options. Prospective buyers are advised to conduct their own due diligence regarding zoning regulations and development permits. This is a truly exceptional opportunity to acquire a large, well-located commercial property in a rapidly developing area. Don't miss out on this chance to shape the future of Washington's commercial landscape.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1971
Lot 8.9 ac (387,684 SF)
APN 5676-84-2679
UPID US53-3786091
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
CONNIE O MOORE
CONNIE O MOORE
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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