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0 Horton Drive, Morehead City, NC 28557
$1,300,000
Property Type:
Land
Lot Size (sq. ft.):
324,958
Status:
Active
Current Price:
$1,300,000
List Date:
3/03/2026
Last Modified:
3/03/2026
Overview
Description
...
(Read more)
Prime Commercial Development Opportunity: 7.46-Acre Tract Ready for Investment
Seize this exceptional opportunity to acquire a shovel-ready 7.46 -acre commercial tract, perfectly positioned for development and long-term investment growth. This meticulously planned site comes with pending approvals for a total of 60,000 square feet of commercial space, featuring four (4) buildings of 15,000 square feet each, all permittable under a desirable low-density stormwater permit.
Key Features for a Seamless Build:
Pre-Planned Infrastructure: The site is designed for efficiency with a shared driveway access, minimizing initial infrastructure costs.
Robust Utilities: Benefit from 3-phase power access readily available at the north corner of the property. Sewer is and water are available, but lines would need to be run from different points.
Exceptional Investment Potential: The current configuration and permitting make this a superb opportunity for investors or developers seeking a streamlined path to building and leasing commercial assets in a high-demand area.
This rare offering is an ideal foundation for a business park, distribution hub, or multi-tenant commercial complex. Don't miss this chance to secure a strategic piece of real estate with a clear path to value creation.
Permit Pending
Listing Details MLS# 100557743
Contract Info
- Delayed Marketing?
- No
- Marketing Start Date
- 2026-03-03
- Sub-Type
- Undeveloped
- Listing Price
- 1300000
- List Price/Acre
- 174262.73
- Stipulation of Sale
- Standard
Location Information
- Street Name
- Horton
- Street Suffix
- Drive
- County
- Carteret
- State/Province
- NC
- Zip Code
- 28557
- City Limits
- No
- Marketing City
- Morehead City
- Subdivision
- Not In Subdivision
- Secondary Subdivision
- N/A
Remarks and Showing
- Directions to Property
- Highway 70 to Horton Drive, the street ends and will need to be extended to access the property.
- Sign on Property
- Yes
Property Exterior Info
- Acres - Total
- 7.46
- Lot SqFt
- 324958
- Deed Restriction
- No
- Total Road Frontage
- 50
- Waterfront
- No
- Waterview
- No
- Location Type
- Mainland
Legal and Taxes
- Tax Assessed Value
- 811139
- Deed Book
- 1839
- Deed Page
- 271
- Legal
- Acreage PT TR3 Little Nine LLC
- Broker Owner
- No
- PID
- 63561156103000
- Tax Identifier
- 635611561031000
- Special Assessments
- None
- Tax Year
- 2026
- Zoning
- CH
- Cobra Zone
- No
- Elementary School
- Morehead City Elem
- High School
- West Carteret
- Plat Book
- No
- Plat Page
- No
Current Use
- Development
- Yes
- Vacant
- Yes
More Information
Bldgs on Property
- None
- Yes
Soil Evaluation
- Soil Evaluation - No
- Yes
Topography
- Cleared/Partial
- Yes
- Undeveloped
- Yes
Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
- Will Not Divide
- Yes
Fuel Tank
- None
- Yes
Environmental Hazard
- Unknown
- Yes
Lot Description
- Wetlands
- Yes
- Wooded
- Yes
Road Type/Frontage
- Private Road
- Yes
- Unpaved
- Yes
- Easement
- Yes
Property Features
Current Use:
Development; Vacant
Bldgs on Property:
None
Soil Evaluation:
Soil Evaluation - No
Topography:
Cleared/Partial; Undeveloped
Fuel Tank:
None
Environmental Hazard:
Unknown
Terms:
1031 Exchange; Cash; Conventional; Will Not Divide
Listing Office:
Hamad Realty
IDX
Last Updated: March - 03 - 2026
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