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0 NC 12 Hwy

0.46 Acres of Commercial Land Offered at £1,330,165 in Ocracoke, NC 27960

Investment Highlights

  • Heavy foot & vehicle traffic
  • Double density build
  • Sound & harbor views
  • First lot from ferry

Executive Summary

One of a kind opportunity to own a parcel of land with boundless potential in Ocracoke. Unimpeded views of Silver Lake Harbor make this lot the perfect location for any commercial or residential/condominium dreams. This is one of the few remaining sites that could house a new hotel/motel/condo. A community septic conveys as part of the subdivision and is located off site, rendering this entire lot buildable without the need for drain field installation. 16 bedroom septic capacity allocated to property - potentially more can be purchased. This is a distinctive location with unimpeded sunset views across the harbor, a rarity. Beautiful mature live oaks and cedars promote the coastal ambiance. This is the second private parcel from the NCDOT ferry terminal as visitors from the passenger and car ferries venture into the village. Heavy foot and vehicular traffic pass this location daily. Engineered building plans for a 60 seat/24 barstool restaurant with rooftop deck on file and could convey with parcel. Views of harbor will be maintained.

Property Facts

Price £1,330,165
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Hospitality
  • Apartment Units - Condo
  • Restaurant
Total Lot Size 0.46 AC
Opportunity Zone Yes

1 Lot Available

Lot 1 & 2

Price £1,330,165
Price Per AC £2,891,663
Lot Size 0.46 AC

Prime location. Harbor view. Heavy foot and vehicle traffic. Location for restaurant build. Condo & mixed use potential. Cleared and ready to build. Double density opportunity.

Description

Undeveloped Land

zoning

Zoning Code None (unzoned)
None (unzoned)
  • Listing ID: 30351905

  • Date on Market: 12/12/2023

  • Last Updated:

  • Address: 0 NC 12 Hwy, Ocracoke, NC 27960

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