For Sale
$900,000

158 IntersectionElizabeth City, NC 27909

62 Acres, Hwy 17/158 Intersection

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional 62-acre commercial land parcel presents a prime development opportunity at the highly visible intersection of Highway 17 and Highway 158 in Elizabeth City, North Carolina. Located in Pasquotank County, this strategically positioned property offers significant potential for a variety of commercial uses. The site boasts approximately 58 acres of total land, with 18 acres of uplands situated closest to the corner intersection. A portion of the property (approximately 4 acres) has already been sold and is currently under construction as a Bojangles restaurant, demonstrating the strong market demand in this location. The remaining land is available for purchase as a whole for $900,000, or can be divided into smaller outparcels ranging from 1 to 8 acres. These outparcels can be customized to meet specific development needs, with pricing available upon request. Ideal uses for this property include retail, gas stations, quick-service restaurants, family-style restaurants, pharmacies, grocery stores, or office/medical facilities. The property's location near the North Carolina/Virginia state line ensures high traffic volume and excellent visibility, making it an attractive investment for developers seeking a high-impact commercial project. The zip code is 27909.

Highlights

  • 62-acre commercial land parcel at the highly visible intersection of Highways 17 & 158 in Elizabeth City, NC.
  • 58 acres available for development; 18 acres of uplands at the intersection.
  • Adjacent to a new Bojangles restaurant, indicating strong market demand.
  • Priced at $900,000 for the entire parcel, or divisible into smaller outparcels (1-8 acres).
  • Suitable for retail, restaurants, pharmacies, grocery, and office/medical uses.
  • High traffic volume due to location near the NC/VA state line.

Property Details for 158 Intersection

Property type
Land
Lot Size (sq. ft)
2,700,720 SF

Location Insight

City
Elizabeth City
County
Pasquotank
State
North Carolina
Latitude
36.305513
Longitude
-76.2332601
158 Intersection, Elizabeth City, North Carolina

FAQs

What type of property is this?
Land - 62 Acres, Hwy 17/158 Intersection
Where is the land located?
The property is located at 158 Intersection Elizabeth City, NC.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 62-acre commercial land parcel at the highly visible intersection of Highways 17 & 158 in Elizabeth City, NC.; 58 acres available for development; 18 acres of uplands at the intersection.; Adjacent to a new Bojangles restaurant, indicating strong market demand.
How can I contact the broker?
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158 Intersection
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