422 Hughes BlvdElizabeth City, NC 27909

  • Commercial land
  • 0.99 AC
For Sale
$575,000 View listing

Property Details for 422 Hughes Blvd

Lot size
0.99 AC
Zone code
GB
Property type
Commercial land
APN
891305188043
APU
891305188043

Description

This exceptional 0.99-acre commercial land parcel presents a remarkable investment opportunity in Elizabeth City, North Carolina. Located at 422 S Hughes Blvd, this property boasts a highly desirable location within the city's busiest area, ensuring exceptional visibility and accessibility. The lot is zoned GB, offering flexibility for a variety of commercial developments. Its strategic placement provides immediate proximity to a significant concentration of retail establishments, including a major shopping mall, Lowe's, Walgreens, Ruby Tuesday, Applebee's, Panera Bread, Chick-fil-A, Hampton Inn, Quality Inn, Fairfield Inn, and Burger King. Further enhancing its appeal, the property is situated adjacent to a bank and a newly constructed 144-unit apartment complex, guaranteeing a substantial and diverse customer base. The property's APN is 891305188043. This prime location, combined with its size and zoning, makes this an ideal site for a wide range of commercial ventures. The asking price for this exceptional property is $575,000. Don't miss this chance to secure a prominent position in a thriving commercial hub.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,176,715
    Hospitality
    $8,405,822
    Educational
    $6,993,545
    Medical
    $7,234,064
    Retail
    $10,878,848

Location Insight

City
Elizabeth City
County
Pasquotank
State
North Carolina
Latitude
36.2963
Longitude
-76.2448
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
-
-
-
$257,000
-
$257,000
-
$257,000

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