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4413 S Croatan Hwy 0.31 Acres of Commercial Land Offered at $599,000 in Nags Head, NC 27959

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INVESTMENT HIGHLIGHTS

  • Heavy Seasonal Traffic!

EXECUTIVE SUMMARY

Excellent opportunity to own a high-visibility commercial lot in the heart of Nags Head. This vacant parcel offers outstanding exposure on one ofthe busiest corridors in the Outer Banks. Ideal for retail, office, or mixed-use development. Renderings available for this lot with a mixed use building (Residential, Retail or Office). Located near established businesses, shopping, dining, and minutes from the beach. Features include:-Prime location with strong daily traffic -Direct highway frontage and easy access -Zoned C-5 Surrounded by thriving commercial activity, this lot is a rare find in a high-demand area. Don’t miss your chance to develop in one of the OBX’s most desirable locations.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER AC
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

PROPERTY FACTS

Price $599,000
Sale Type Investment or Owner User
Sale Condition 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Medical
  • Restaurant
  • Storefront, Retail or Residential
  • Single Family Residence
Total Lot Size 0.31 AC
Zoning C-5 - Historic Character Commercial District. The C-5 Historic Character Commercial district is intended to accommodate small, neighborhood-scale,

1 LOT AVAILABLE

Lot I & J

Price $599,000
Price Per AC $1,932,775.55
Lot Size 0.31 AC

C5 Commercial Lot approved for Mixed-use Development. See attached Site plan and Building plans for pricing. These can be purchased outside of closing from the current owner.

DESCRIPTION

High Seasonal Traffic Counts in this resort market.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
029172000
Land Assessment
$544,500 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$544,500 (2025)
Annual Taxes
($1)
Tax Year
2024
  • Listing ID: 35674691

  • Date on Market: 4/29/2025

  • Last Updated:

  • Address: 4413 S Croatan Hwy, Nags Head, NC 27959

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