Waterfront Development Acreage
Vacant Land
for Sale
Sale Pending
| Catylist Listing ID: |
30378642 |
| Property Subtypes: |
Hospitality, Multi-Family, Office, Residential (Single Family), Retail
|
| Status: |
Pending |
| 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: |
8/27/2021 |
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 |
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 |
|
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