25478 Nc 12 Highway , Lots 1+2+3

    Waves, NC 27982
    • $699,900
    • STATUS: Active
    • ON SITE: 199 days
    • MLS #: 103049
    UPDATED: 70 min ago
    $699,900
    • 0
      BEDS
    • 4.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1936
    County:

    School Ratings & Info

    Description

    LOCATION - LOCATION - LOCATION . ..4.34 AC+/- SOUND FRONT NC HWY 12....BELOW MARKET VALUE $753,175 5/5/2019...SEE ATTACHED CMA***WATER FRONT DEVELOPMENT PROPERTY ..S1 ZONING = ALL USES PERMITTED....5 STORIES 52 FT HIGH....RESIDENTIAL 30% LOT COVERAGE (56,715+/- sq ft)......COMMERCIAL 60% LOT COVERAGE (113,430+/- sq ft)...NO HOA.....NO DEED RESTRICTIONS.....AE8 FLOOD ZONE.....POSSIBLE SELLER FINANCING $400,000 CASH @ CLOSING...TERMS TBD DEPENDING ON QUALIFICATIONS BUYER....4.34 Ac +/- WATER FRONT*****NC HWY 12***HIGH TRAFFIC AREA****SEE POSSIBLE SITE PLANS (DUE DILIGENCE)***...ALL USES PERMITTED RESIDENTIAL & COMMERCIAL..***CALL BROKER***...(3) Sound Front lots + 3 Br House ...NC 12 Waves NC ( 4.34+/- Ac ).....Only $3.70 sq ft includes House...(about 1/2 $$ Comps) ....Can Subdivide (6)+/-Big Sound Front Lots or (12-20)+/- Lots Group Development...or (12-24)+/- Condo's***or 32+ Camp Sites....NC Hwy 12 To Pamlico Sound.......or Hotel Site (100+) Units ....Condo...Campground....or Possible "Tiny House" & RV Resort (see pictures) "IT'S ALL ABOUT THE SIZE LOT 4.34+/- Ac = "Largest Sound Front Lot" NC12 OBX...= 189,240 SQ FT ...It's All About "Size" & "Highest & Best Use" (Potential)...Vintage House (1936) is "Free"..... ***See Concepts Hotel Site (100 + units) or RV Resort + Tiny Houses ....S-1 Zoning = all uses allowed)...*****New S1 Zoning (attached) - *****See Proposed Site Plan*****Allows Mixed Use - Hotel Site (100+) Units with 75,696 sq ft (max Floor Coverage)..."Cash Flow" Potential Multi $$ Million Profit for Qualified Investor....****(No Brainer to Develop ...Low Land $$ Cost per Unit..... House Is "Free" ......"Ocean Access" Across NC 12....See Proposed Site Plan.... S-1 Zoning=All Uses Permitted .......Att: Investors .- Multi $$ Million Development..... ROI....(Houses+Condos+Hotels+Campground+Business+B&B+Fast Restaurant+C Store Gas+Shopping Ctr, .... S-1 Zoning)...**OCEAN ACCESS ACROSS NC 12**....4.34 Ac+/- Comm -Res (3) SOUND FRONT XXXL Tracts Land w/ recent remodeled house (recently elevated above Flood Zone & Remodeled) ****SEE SURVEY HOUSE IS FREE****CAN USE OR MOVE OR TEAR DOWN***THIS IS ONE OF THE "LARGEST SOUND FRONT PROPERTIES" ON NC 12 All OBX Zoned S-1 all uses permitted Residential & Commercial ...plenty room to expand and/or subdivide or Multi Family Condos...or ad Business, AirBnB, Hotel, Dunkin Doughnuts, McDonalds , Camp Ground, etc etc...S-1 Zoning = All Uses permitted...Can Build 52 Ft High...60% Lot Coverage w/ engineered plan.....NEW NC 12 BRIDGE IN PROCESS....(3) PARCELS#014284000 + #014283000 + #014283003......Call Broker for more info...... ***SEE MLS100314 RESIDENTIAL****SEE MLS100314 LAND **** ...(3) TRACTS (4.34 AC +/-) BEING SOLD TOGETHER FOR LISTED PRICE......Contact Broker = All uses permitted = residential + commercial + multi family, etc............****.***NOTE PER BANKER: This may Not qualify for conventional 20% down SFD Financing because Land Value is 5x $$ House Value and No Comps SFD w/ 4.34+/-Ac Sound Front***PLEASE QUALIFIED BUYERS ONLY WITH PROOF OF $$ FUNDS TO CLOSE***CALL BROKER****Tenant in Place $1,000 mo - mo +.....Call Broker*****

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    © 2019 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Outer Banks Realty Group. Data last updated: 2019-07-16T06:37:37.99.
    www.outerbanksrealtygroup.com/homes/90395348

    25478 Nc 12 Highway , Lots 1+2+3 Waves, NC 27982

    • Price: $699,900
    • Status: Active
    • Updated: 70 min ago
    • MLS #: 103049
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.34
    Acres
    1936
    Built
    Neighborhood:
    Waves Soundside
    County:
    Dare
    Area:
    Waves Soundside
    Property Description
    LOCATION - LOCATION - LOCATION . ..4.34 AC+/- SOUND FRONT NC HWY 12....BELOW MARKET VALUE $753,175 5/5/2019...SEE ATTACHED CMA***WATER FRONT DEVELOPMENT PROPERTY ..S1 ZONING = ALL USES PERMITTED....5 STORIES 52 FT HIGH....RESIDENTIAL 30% LOT COVERAGE (56,715+/- sq ft)......COMMERCIAL 60% LOT COVERAGE (113,430+/- sq ft)...NO HOA.....NO DEED RESTRICTIONS.....AE8 FLOOD ZONE.....POSSIBLE SELLER FINANCING $400,000 CASH @ CLOSING...TERMS TBD DEPENDING ON QUALIFICATIONS BUYER....4.34 Ac +/- WATER FRONT*****NC HWY 12***HIGH TRAFFIC AREA****SEE POSSIBLE SITE PLANS (DUE DILIGENCE)***...ALL USES PERMITTED RESIDENTIAL & COMMERCIAL..***CALL BROKER***...(3) Sound Front lots + 3 Br House ...NC 12 Waves NC ( 4.34+/- Ac ).....Only $3.70 sq ft includes House...(about 1/2 $$ Comps) ....Can Subdivide (6)+/-Big Sound Front Lots or (12-20)+/- Lots Group Development...or (12-24)+/- Condo's***or 32+ Camp Sites....NC Hwy 12 To Pamlico Sound.......or Hotel Site (100+) Units ....Condo...Campground....or Possible "Tiny House" & RV Resort (see pictures) "IT'S ALL ABOUT THE SIZE LOT 4.34+/- Ac = "Largest Sound Front Lot" NC12 OBX...= 189,240 SQ FT ...It's All About "Size" & "Highest & Best Use" (Potential)...Vintage House (1936) is "Free"..... ***See Concepts Hotel Site (100 + units) or RV Resort + Tiny Houses ....S-1 Zoning = all uses allowed)...*****New S1 Zoning (attached) - *****See Proposed Site Plan*****Allows Mixed Use - Hotel Site (100+) Units with 75,696 sq ft (max Floor Coverage)..."Cash Flow" Potential Multi $$ Million Profit for Qualified Investor....****(No Brainer to Develop ...Low Land $$ Cost per Unit..... House Is "Free" ......"Ocean Access" Across NC 12....See Proposed Site Plan.... S-1 Zoning=All Uses Permitted .......Att: Investors .- Multi $$ Million Development..... ROI....(Houses+Condos+Hotels+Campground+Business+B&B+Fast Restaurant+C Store Gas+Shopping Ctr, .... S-1 Zoning)...**OCEAN ACCESS ACROSS NC 12**....4.34 Ac+/- Comm -Res (3) SOUND FRONT XXXL Tracts Land w/ recent remodeled house (recently elevated above Flood Zone & Remodeled) ****SEE SURVEY HOUSE IS FREE****CAN USE OR MOVE OR TEAR DOWN***THIS IS ONE OF THE "LARGEST SOUND FRONT PROPERTIES" ON NC 12 All OBX Zoned S-1 all uses permitted Residential & Commercial ...plenty room to expand and/or subdivide or Multi Family Condos...or ad Business, AirBnB, Hotel, Dunkin Doughnuts, McDonalds , Camp Ground, etc etc...S-1 Zoning = All Uses permitted...Can Build 52 Ft High...60% Lot Coverage w/ engineered plan.....NEW NC 12 BRIDGE IN PROCESS....(3) PARCELS#014284000 + #014283000 + #014283003......Call Broker for more info...... ***SEE MLS100314 RESIDENTIAL****SEE MLS100314 LAND **** ...(3) TRACTS (4.34 AC +/-) BEING SOLD TOGETHER FOR LISTED PRICE......Contact Broker = All uses permitted = residential + commercial + multi family, etc............****.***NOTE PER BANKER: This may Not qualify for conventional 20% down SFD Financing because Land Value is 5x $$ House Value and No Comps SFD w/ 4.34+/-Ac Sound Front***PLEASE QUALIFIED BUYERS ONLY WITH PROOF OF $$ FUNDS TO CLOSE***CALL BROKER****Tenant in Place $1,000 mo - mo +.....Call Broker*****
    Exterior Features

    Construction Frame Foundation Piling Lot Description LevelWater FrontageWooded Parking Garage 51-100 SpacesOff Street Roads PavedPublic Roof Asphalt/Fiber Shingle View Description SoundSalt Marsh Waterfront Location Soundfront

    Interior Features

    Insulation Yes

    Property Features

    Bank Owned YN No Business Or Real Estate Bldg/Land Simple Commercial Type Other Documents On File Land Survey Financing Options CashCommercialOwner Finance 1st Flood Zone Ae Gross Income Range Call Agent Possession At Closing Potential Short Sale No Sewer Septic Private Septic Tax Year 2017 Taxes 6672 Water Municipal Water Zoning S-1

    Listing courtesy of Frank Jakob of Cape Hatteras Realty & Const..


    © 2019 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Outer Banks Realty Group. Data last updated: 2019-07-16T06:37:37.99.
     
    Outer Banks Realty Group
    PO Box 3009
    Kitty Hawk NC, 27949