35.584988 -75.468254

24394 NC 12 Highway Lot # 1 & 2, Rodanthe, NC 27968

225702424 35.584988 -75.468254 167 False 0 999900.0 102 102773 False
  • $999,900
  • See Survey lot
  • Est payment $5367.68/mo

Property & Neighborhood Info

Courtesy Of Frank Jakob, Cape Hatteras Realty & Const.

Vacant Land in Rodanthe

LEASE OR SALE...Water Front Restaurant ....2.1 Ac+/- Water Front.. NC Hwy 12.....$8.25M Sales Potential... $2.5M Net...25% ROI....WaterFront Restaurant Resort Opportunity...See Pro Forma...Existing 92 Seat Restaurant ...Build (10) 5 Br Town Houses + (6) Patio Lots + LeaseExisting Restaurant $60,000 Yr NNN....LOCATION - LOCATION - LOCATION... SELLER FINANCING**..SOUND FRONT RESTAURANT (92)SEATS x $25 Seat (avg) x 3 x 150 nights = = $1M+ Gross Potential...+ DEVELOPMENT OPPORTUNITY ....WATER FRONT RESORT ....(SEE PROPOSED SITE PLAN)...NC HWY 12....(1.5 - 2.1 Ac +/-) *HIGH TRAFFIC AREA*(7,000+/- Daily Avg ...2.5+ Million Yr...NC Hwy 12)*ALL TRAFFIC MUST PASS BYE....ALL USES PERMITTED.....RESIDENTIAL & COMMERCIAL.....5 STORIES 52 FT HIGH..**CALL BROKER**.....(2) Lots NC12 "Bulkheaded" Sound Front .."CAN DEVELOP".....MORE LAND AVAILABLE EXTRA $$ TBD...CAN COMBINE 3rdLOT TO N (available Extra $$)....2.15 Ac+/- TOTAL... ..CAN BUILD 10-15+/- LOTS GROUP DEVELOPMENT....12-24+/- CONDO'S..HOTEL...C-STORE...+ ALL USES PERMITTED...CALL BROKER.... (see possible uses) + Restaurant For Sale or Rent ($5,000 Mo NNN) with"Seller Financing" ...25% Down...Terms TBD.....additional land available for Extra $$ TBD...suitable for all uses ..Zoned S-1 ....Residential &Commercial including Condo's & Group Development.& Motel.....60% Lot Coverage ...Can Buy Property & Rent Restaurant & Build on Rear Lot on Sound Front ...High Traffic Area across from Rodanthe Fishing Pier & Ocean Beach & 4x4 ORV Ramp ..... Nearby Water SportsResorts....Nearby "Nights of Rodanthe" (Movie) House...Seller Will Consider "Lease Restaurant Only"....if So....Seller Reserves the Right toDevelop Rear Lot Sound Front.......***New Bridge to Rodanthe NC 12 - Now "Under Construction"...***New 100+ Yr Gateway NC 12 to Hatteras Island.***......Qualified Buyers Call Broker to Discuss All Possibilities....***SEE MLS 102773 FOR COMMERCIAL RESTAURANT****2parcels....Pin #.06481969545 + 06481296659****See MLS 102782 Restaurant for L

Courtesy Of Frank Jakob, Cape Hatteras Realty & Const.
  1. See Survey Lot

Main Features

  • Listing Status: Active
  • County: Dare
  • Taxes: $3,845.00
  • Tax Year: 2018
  • Zoning: S-1
  • MLS Number:102773

Additional Features

  • Property Type:
    • Commercial
  • View:
    • Sound
  • Flood Zone:
    • AE
  • Lot Description:
    • Level
  • Timber:
    • No
  • Waterfront:
    • Soundfront
  • Electric:
    • Available
  • Restrictions:
    • 1031 Tax Deferred Exch.
  • Access Road:
    • Paved
  • Showing Instructions:
    • Call Agent
    • Listing Agent Must Acc.
    • See Brokers Notes
  • Water:
    • Municipal
  • Bank Owned:
    • No
  • Financing:
    • Cash
    • Conventional
    • Owner Finance 1st
  • Potential Short Sale:
    • No
  • Sale Rent:
    • For Sale
  • HOA Fee:
    • No
  • Ownership:
    • Owned More than 12 Months
  • Possession:
    • Closing
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Pirate's Cove Realty
Pirate's Cove Realty
(252) 473-1451
1 Sailfish Drive Manteo NC 27954
no name available Pirate's Cove Realty
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35.584988 -75.468254

24394 NC 12 Highway Lot # 1 & 2 Rodanthe, NC 27968

225702424 35.584988 -75.468254 167 False 0 999900.0 102 102773 False
  • $999,900
  • See Survey lot
  • Est payment $5367.68/mo