Prime Commercial Waterfront!

Vacant Land for Sale
Catylist Listing ID: 30659445
Property Subtypes: Residential (Single Family), Other
Gross Land Area: 25.71 Acres
Sale Price: $599,900
Unit Price: $23,333 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/31/2021

Overview / Comments

The location of this 26 acres of waterfront could not be better, at the intersection of Highway 158 and Highway 168. With commercial road frontage and residential water frontage there are many possibilities. Quible and Associates has designed a waste water treatment system to service the site, plus an Archeological survey has been completed for the property. Based on recent traffic counts, 84% of the 6,000,000+visitors going to the Outer Banks pass by this site each year. Also, the site is near the proposed mid-county bridge linking the Currituck main land to Corolla. Being commercial and waterfront, on a very busy highway, much of the engineering and design having been completed, the tract is well located for development as the economy rebounds or as a long term waterfront hold.

Additional Details

Nearest MSA: Virginia Beach-Norfolk-Newport News
County: Currituck
Tax ID/APN: 8997-13-0677
Zoning: GB & SFM
Property Located Between: Outer Banks & Hampton Roads
Property Visibility: Excellent
Largest Nearby Street: Caratoke Hwy
Feet of Frontage: 1,595
In Flood Plain?: Yes
Topography: Gently Sloping
Soil Type: Loam
Available Utilities: Electric, Water
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,460 3,460
Median Age: 42.3 42.3
Households: 1,313 1,313
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