Waterfront Development Acreage

Vacant Land for Sale
Catylist Listing ID: 30378642
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail
Gross Land Area: 4.60 Acres
Sale Price: $799,500
Unit Price: $173,804 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 10/26/2020

Overview / Comments

Approximately 4.64 acres of waterfront commercial real estate located on the primary highway in Manteo. 321 feet of road frontage offers great visibility on the high traffic corridor of Roanoke Island. The parcel has been cleared except for the pre-exhisting parking lot lots. Pro formas have been prepared for a 40 and 60 room inn, as well as a mixed use project with commercial on the first floor and residential on the second and third floors. The parcel includes approximately 2 acres of buildable uplands, 1000' of canal frontage leading out to Shallowbag Bay, and 127' of sound frontage! The opportunities are endless!

Additional Details

Nearest MSA: Kill Devil Hills
County: Dare
Tax ID/APN: 978907688400
Zoning: C
Property Located Between: Downtown Manteo & The Christmas Shop
Property Visibility: Excellent
Largest Nearby Street: Hyw 64/264
Feet of Frontage: 321
Highway Access: Hwy 64/264
Airports: Dare County Regional Airport
Site Description: Waterfront & Canal Front
Lot Frontage: 321
In Flood Plain?: Yes
Topography: Level
Soil Type: Loam
Available Utilities: Electric, Water, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,617 7,224 8,983
Median Age: 40.41 42.91 42.58
Households: 1,514 3,043 3,774
© 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.