Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30370569
Property Subtypes: Agricultural, Residential (Single Family)
Gross Land Area: 8.93 Acres
Sale Price: $59,500
Unit Price: $6,662 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2019

Overview / Comments

Well located, level and well drained property just west of the intersection of Highways 45 & 64. Unique location gives the property huge exposure to all traffic in the area traveling North to South and East to West. The property is currently used for agricultural and recreational purposes. However, its prime location and over 400 ft of road frontage provide the opportunity for development. The property already has water and sewer going by the site. The property is zoned residential, which allows for "the use of land and buildings for domestic occupancy within dwelling units, including single-family, two-family attached, multifamily, boardinghouse, rooming house, family care home and land-use intensity (rating 50) development, by the persons authorized to occupy such units." (https://library.municode.com/nc/washington/codes/code_of_ordinances?nodeId=PTIICOOR_CH40ZO_ARTIIDE) The small residential lot (identified as Parcel 2 in the aerial photos) may be purchased separately for $9,500. Both parcels are available for $64,500. Parcel 2 PIN 678800204055.

Additional Details

Nearest MSA: Washington
County: Beaufort
Tax ID/APN: 678800203353
Zoning: RESIDENTIAL
Property Located Between: Highway 64 & 45
Property Visibility: Excellent
Largest Nearby Street: Highway 64
Feet of Frontage: 400
Highway Access: Highway 64
Lot Frontage: 400
Zoning Description: residential
Topography: Level
Available Utilities: Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,956 7,131
Median Age: 44.72 42.03
Households: 1,192 2,971
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