1805 City Center BlvdElizabeth City, NC 27909

For Sale
  • Theaters & concert halls
  • 4.44 AC

Property Details for 1805 City Center Blvd

Year built
2020
Lot size
4.44 AC
Zone code
GB
Property type
Theaters & concert halls
APN
890302775877
APU
890302775877

Description

This exceptional 73-acre commercial development in Elizabeth City, NC, offers various sized outparcels for sale, ranging from 1 to 3 acres. Strategically located on Halstead Boulevard Extended, near the intersection of Hughes Boulevard, this property benefits from Elizabeth City's robust residential and commercial growth, recently recognized by Money Magazine as a top East Coast location. The site enjoys excellent visibility and accessibility, situated near a Walmart Supercenter at the intersection of Halstead Boulevard Extended and US Route 17 Bypass (Exit 258). Further enhancing its appeal is the proximity to a new 8-screen RC Theatre (opened June 2020) and a 97-room Fairfield Inn and Suites, already established on a portion of the land. The current owner has subdivided the property, making individual parcels available for sale to end-users. The property is zoned GB, providing flexibility for a variety of commercial uses. This presents a unique opportunity to acquire land in a thriving area with strong existing infrastructure and significant future potential. The address is 1805 City Center Blvd, Elizabeth City, NC 27909, in Pasquotank County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $41,072,660
    Hospitality
    $37,622,336
    Educational
    $31,301,340
    Medical
    $32,377,842
    Retail
    $48,690,976
1805 City Center Blvd, Elizabeth City, North Carolina

Location Insight

City
Elizabeth City
County
Pasquotank
State
North Carolina
Latitude
36.2962
Longitude
-76.2595
CBSA code
21020
CBSA name
ELIZABETH CITY, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
-
-
$4,074,900
-
$1,332,000
$2,742,900
$4,074,900

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