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Halstead Blvd - Tanglewood South LOT 6

4.21 Acres of Commercial Land in Elizabeth City, NC 27909

Investment Highlights

  • Join an impressive tenant roster in this explosive retail corridor.
  • Nearby tenants include Aldi, Walmart, Tractor Supply, Honda, Caliber Collision, and Starbucks.

Executive Summary

Tanglewood is the emerging commercial center of Elizabeth City, which serves as the retail hub for all of northeastern North Carolina, drawing from a six-county area with a population of 180,000. Consumers in the Elizabeth City region routinely travel from as far as 50 miles away for work, shopping, health care and professional services. Additionally, Tanglewood Pavilions, a new 150,000-square-foot retail center, anchored by Tractor Supply, Hobby Lobby, Ross Dress for Less and TJ Maxx, sits adjacent to Walmart, with an additional phase of similar size planned. As such, these are among the most valuable real estate parcels in northeastern North Carolina. Tanglewood Lakes Apartments boasts 180 luxury apartments and has an occupancy rate of 97%. A second phase is planned for the near future. Single family homes are currently being built just south of the site at the Stockbridge at Tanglewood subdivision.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Hotel
Total Lot Size 4.21 AC

1 Lot Available

Lot TS6

Lot Size 4.21 AC

4.21 Acres of Retail space located at the intersection of Halstead Blvd and Us Highway 17. This last and most prominent of eight original parcels.

Description

These seven parcels, comprising approximately 30 acres, sit directly in front of the 207,000-square-foot Walmart Supercenter, in the growing Tanglewood trade area. The intersection of US Highway 17 and Halstead Bouelvard Extended is the gateway to Elizabeth City. All public utilities and road access points are in place on the site.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7993569066
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£468,657

zoning

Zoning Code General Business
General Business
  • Listing ID: 3816565

  • Date on Market: 28/02/2012

  • Last Updated:

  • Address: Halstead Blvd, Elizabeth City, NC 27909

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