525 Highway 64

525 Highway 64

Manteo, NC 27954

$759,300
Price
202,118 / 4.64
Lot Size / Acres

Description

Waterfront development opportunity! A LARGE PORTION IN X FLOOD ZONE Approximately 4.64 acres of waterfront commercial real estate located on the primary highway in Manteo, between Darrells Restaurant and the Christmas Shop. 321 feet of road frontage offers great visibility on the high traffic corridor of Roanoke Island. The parcel has been cleared except for the original parking lot, that is in an X flood zone, which overlooks Shallowbag Bay and the salt marshes.. Proformas have been prepared for...Waterfront development opportunity! A LARGE PORTION IN X FLOOD ZONE Approximately 4.64 acres of waterfront commercial real estate located on the primary highway in Manteo, between Darrells Restaurant and the Christmas Shop. 321 feet of road frontage offers great visibility on the high traffic corridor of Roanoke Island. The parcel has been cleared except for the original parking lot, that is in an X flood zone, which overlooks Shallowbag Bay and the salt marshes.. Proformas have been prepared for a 40 and 60 room inn, also a previous buyer proposed 90 motel that appeared to fit the site. A mixed use project with commercial on the first floor and residential on the second and third floors should do well in the location. The parcel includes approximatEly 74,791 sqft of buildable uplands(subject to verification), 1000' of canal frontage leading out to Shallowbag Bay, and 127' of sound frontage! ENDLESS OPPORTUNITIES Other needs for the area are townhomes, multifamily, or single family homes(SKETCH PLAN ON FILE FOR 8 SINGLE FAMILY LOTS) all of which could have access to the sound through the existing canal that adjoins the property.
  1. Listed by Bobby Harrell • Harrell & Associates
  2. Listed by Tess J Harrell • Harrell & Associates

Property Details for 525 Highway 64

Waterfront Location
Soundfront
Zoning
B-2
View Description
Canal, Sound, Salt Marsh

Location

Listing Courtesy of Harrell & Associates
Add your commute
LISTING UPDATED: 01/25/2024 11:04 AM

Property Details for 525 Highway 64

StatusActive
MLS #117328
Days on Market787
Taxes$5,376 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots/Land / Commercial
Year Built-
Lot Size4.64 AC
CountyDare County

Location

Listing Courtesy of Harrell & Associates
Add your commute

Building Information for 525 Highway 64

Lot Size4.64 AC

Payment Calculator

$4,592 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,144

Property Taxes

$448

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 525 Highway 64

Summary
Location and General Information
  • Area: Manteo-S. of Airport Road
  • City: Manteo
  • State: NC
  • Zip: 27954
  • Pin Number: 978907688400
  • Street Frontage: 321
  • County: Dare
  • Water Frontage: 127
Taxes and HOA
  • Deed Book: 2180
  • Deed Book Page Number: 0550
  • Tax Year: 2022
  • Estimated Annual Fee: $0
  • Taxes: $5,376.42
  • Hoa Contact Info (Recom): none
  • Hoa Contact Name: none
Property
Property and Assessments
  • Class: LOTS/LAND
  • Homesnap: Yes
  • Bank / Institution Owned: No
  • Possession: Closing
  • Flood Zone: AE, X
  • Documents On File: Land Survey, Recorded Plat
  • Type: Commercial
Lot Information
  • Approx Acreage: 4.64
  • Lot Description: Water Frontage, Cleared, Filled
Utilities
  • Water: Municipal
  • Electric: Available
  • Sewer Or Septic: Municipal Sewer
Interior and Exterior Features
Exterior Features
  • Roads: Paved, Public

Property History for 525 Highway 64

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 525 Highway 64

This home is within Dare County School District.
Rating
School
Type
Grades
Distance
Manteo Elementary School
Public - PK to 5
Manteo Middle School
Public - 6 to 8
Manteo High School
Public - 9 to 12
Dare Learning Academy
Public - 9 to 12
Rating
School
Distance
Manteo Elementary School
PublicPK to 5

Manteo Middle School
Public6 to 8

Manteo High School
Public9 to 12

Dare Learning Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Manteo

Neighborhoods

Cities

ZIPs

More information about 525 Highway 64, Manteo, NC 27954

525 Highway 64 is a 4.64 ac of land for sale in Manteo, NC 27954. This property was listed for sale on January 17, 2022 by Harrell & Associates, it's currently listed at $759,300. This listing's school district is Dare County School District. Nearby schools include Manteo Elementary School, Manteo Middle School and Manteo High School. 525 Highway 64 is a 0-bed, 0-bath, 4.64 ac of land on a 202,118 sq. ft. / 4.64 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Harrell & Associates

The data relating to real estate on this website comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright© 2024 North Carolina Regional MLS LLC. All Rights Reserved.