0 Caratoke Highway
Barco, NC 27917
This 26 acre waterfront parcel has commercial road frontage and residential water frontage. There are many possibilities with this property. It is also located near the proposed Mid-Currituck county bridge, linking the mainland to Corolla. It has commercial road frontage on a very busy highway with a lot of exposure, millions of visitors pass by each year. Quible and Associates has designed a waste water treatment system to service the site. An Archaeological survey has been completed also. Preliminary site plan has designated 26 single family homes and 9 soundfront townhomes. This property is a money maker as residential development and as a commercial site for retail restaurant condos large shopping center or motel. Also possible use as horse farm, bowling center , or many other uses. Priced below other comparable acreage with multi uses. Centrally located only 45 minutes from the Outer Banks beaches, 20 minutes from Elizabeth City and an hour from Norfolk. Seller will consider seller financing.
MLS Area: Aydlett to Barco
Directions: Across the street from the Barco 7-11 on US 158 and next to Frogg Island Seafood
Lot Description: Water Frontage, Cleared
Lot Size in Acres: 25
Lot Size in Sq. Ft.: 1, 089, 000
Dimensions: 25.71 ACRES
Road Description: Paved, Private
View Description: Sound
Property Type: LL
Property SubType: Commercial
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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Outer Banks data last updated at August 22, 2017 9:57 AM ET