3712 N Croatan Highway Lot C1

Sold 6/23/2016

CALL YOUR INVESTORS! This unique center in Kitty Hawk is 100% tenant occupied producing $226,725 in annual rents and an 8.49% CAP rate. The single story building offers some second floor storage space, the 17,509/sf cedar shake building was built in 2003 in the traditional beach architectural style. The 1.58 acre corner lot is zoned Beach Commercial (BC-1) and offers 224' of prime highway frontage with excellent visibility. The building consists of six units occupied by long-term tenants: The Good Life Gourmet, Outer Banks Realty Group, Island Book Store, The Gym, Zen Pops and Thrive Chiropractor. This property is offered below the current tax value and is a rare opportunity you DO NOT want to miss!

Property Details
  • $14,869.50
  • 2003
  • 88664
Central air
Central heat
Heat pump
Off street parking
Wood exterior
Frame exterior
Lot dimension is: 1.58 Acres
Corner lot
Level lot
Subdivision: Harbour Bay
Lot zoned: BC-1
Present use: Shopping Center
Asphalt shingle roof
City water
Septic system
Units in building(s): 6
For sale
Tax year: 2014
Courtesy of:
Harrell & Associates
Bobby Harrell

Call (855) 464-2662

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Get more info or schedule a showing:
Address Distance Sale date Sale price
3712 N Croatan Highway Lot C1 0 mi. 6/23/2016 $1,992,670
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{"markerType": "Sold", "lat": "36.06002", "lng": "-75.69019", "Address": "3712 N Croatan Highway Lot C1", "City": "KITTY HAWK", "StateProv": "NC", "ZipCode": "27949"}
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3712 N Croatan Highway Lot C1, KITTY HAWK, NC 27949 commercial was sold for $1,992,670.