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: 12/1/2020

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.

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

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,764 4,537
Median Age: 40.33 47.96
Households: 703 1,848
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Cape Fear REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.