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

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 s ...

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
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.