458 AC SOUNDFRONT DEVELOPMENT TRACT
Vacant Land
for Sale
| Catylist Listing ID: |
30629925 |
| Property Subtypes: |
Hospitality, Industrial, Multi-Family, Residential (Single Family), Vacation/Resort
|
| Gross Land Area: |
458 Acres
|
| Sale Price: |
$7,728,000 |
| Unit Price: |
$16,873 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/24/2020 |
Overview / Comments
|
458 AC SOUND FRONT DEVELOPMENT TRACT 3 MILES FROM THE WRIGHT MEMORIAL BRIDGE. This tract is one of the last largedevelopment tracts left in Currituck Co., and definitely the largest in lower Currituck, only minutes from the Outer Banks. Located on the soundfront, behind the H20BX Waterpark, which is designed to handle 4000-5000 visitors per day. The owners of the tract, have an agreement withthe water park to access the sewer treatment system, which should allow for maximum development of the site. With 2500 ft of meanderingshoreline on the Albemarle Sound, 184 acs of usable uplands and 16 acs of ponds, the site lends itself to very unique development, with lots ofgreen open space. The Outer Banks welcomes over 6,000,000 visitors each year, and approximately 84% of them will travel past the entranceto the site, so the parcel has incredible potential.
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Additional Details
| Nearest MSA: |
Virginia Beach-Norfolk-Newport News |
| County: |
Currituck |
| Tax ID/APN: |
9837-32-7567 |
| Zoning: |
HI & GB |
| Property Located Between: |
Outer Banks & Hampton Roads |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Caratoke Hwy |
| Feet of Frontage: |
150 |
| Highway Access: |
primary |
| Airports: |
Dare County Regional Airport |
| Site Description: |
Waterfront, level, primary cleared, two ponds, sewer available |
| Area Description: |
Gateway to the OUTER BANKS of NC with over 6 million visitors a year! |
| Lot Frontage: |
2500 of waterfront |
| Zoning Description: |
Unique heavy industrial zoning and general business zoning. |
| In Flood Plain?: |
Yes |
| Topography: |
Level |
| Easements: |
Ingress/Egress |
| Soil Type: |
Sandy |
| Available Utilities: |
Water, Sewer |
| Water Service: |
Municipal |
| Sewer Type: |
Other |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
1,764 |
4,537 |
| Median Age: |
40.33 |
47.96 |
| Households: |
703 |
1,848 |
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