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- LoopNet Team
525 S Hwy 64
Manteo, NC 27954
Former Weeping Radish Tract · Land For Sale
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4.60 AC
INVESTMENT HIGHLIGHTS
- High Visibility!
- Development Opportunity
- Waterfront
PROPERTY FACTS
DESCRIPTION
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, 127' of sound frontage, and approximately $100k in municipal water and sewage credits. The opportunities are endless!
PROPERTY TAXES
| Parcel Number | 025715000 | Improvements Assessment | $21,500 |
| Land Assessment | $707,000 | Total Assessment | $728,500 |
PROPERTY TAXES
