1153 Hwy 17, Elizabeth City, NC 27909 (MLS# 100417291)

$550,000

1153 Hwy 17
Elizabeth City, NC 27909
MLS# 100417291

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Property Description
Strategically positioned on a highly trafficked area, this expansive 5.19-acre parcel of prime commercial land presents an exceptional opportunity for diverse development ventures. Zoned Highway Business, this versatile plot accommodates an extensive array of commercial, retail, and office ventures, alongside the enticing prospect of multi-family housing. Proximity to Highway 17 offers the possibility for warehousing or expedited logistics operations, capitalizing on the area's connectivity for swift distribution networks. Dual ingress/egress, granting direct frontage on both Highway 17 and Trinkaloe Rd. This enhances accessibility and augments the property's potential for a variety of development possibilities. Considerations for market-rate or affordable multi-family housing options are a possibility.

Details

Maps

Contract Info

Status: Active

Effective Date: 2023-12-02

Delayed Marketing?: No

Delayed Marketing Date (DM): 2023-12-02

Sub-Type: Undeveloped

Listing Price: 550000

Current Price: $550,000

List Price/Acre: 105973.03

Sub Agent Comm $/%: $

Buyer Agent Comm: 3

Buyer Agent Comm $/%: %

Variable Comm: Yes

Stipulation of Sale: None

Location Information

Street #: 1153

Street Name: Hwy 17

County: Pasquotank

State/Province: NC

Zip Code: 27909

City Limits: Yes

Marketing City: Elizabeth City

Subdivision: N/A

Geo Lat: 36.282844

Geo Lon: -76.274349

Remarks and Showing

Directions to Property: South on Hwy 17 from Elizabeth City. Property is behind Whistling Pines Motel. Entrance is located by survey stakes just north of the motel by agent sign.

Sign on Property: Yes

Property Exterior Info

Acres - Total: 5.19

Lot Dimensions: 365 x 726 irregular shape

Lot SqFt: 226076

Deed Restriction: No

Total Road Frontage: 131

Waterfront: No

Waterview: No

Location Type: Mainland

Legal and Taxes

Tax Assessed Value: 597500

Deed Book: 1286

Deed Page: 121

Legal: Lot 2 of minor subdivision for CP Hospitality LLC

Broker Owner: No

PID: 8903 322720

Tax Identifier: 8903 322720

Plat Book: 72

Plat Page: 9

Special Assessments: None

Deferred Taxes: No

Tax Year: 2021

Zoning: HB

HOA: No

Cobra Zone: No

Elementary School: Central Elementary

Middle School: River Road Middle School

High School: Northeastern High School

Property Features

Current Use: Vacant

Bldgs on Property: None

Soil Evaluation: Soil Evaluation - No

Topography: Cleared/Partial; Level

Fuel Tank: None

Environmental Hazard: Unknown

Lot Description: Level; Open; Wooded

Road Type/Frontage: Public (City/Cty/St)

HOA and Neigh Amenities: No Amenities

Terms: Cash; Conventional

Listing Office: Hall & Nixon Real Estate, Inc

Last Updated: December - 05 - 2023

1153 Hwy 17, Elizabeth City, NC 27909 - MLS# 100417291

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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