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N Road St
Elizabeth City, NC 27909
N Road St/Hwy 17N PUD · Land For Sale · 3.00 AC

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INVESTMENT HIGHLIGHTS

  • Corner +/- 3 acres available for $1,125,000
  • Surveys on file with extensive engineering & planning done
  • Entire 44.28 acre PUD available for $3,450,000
  • Recent appraisal on file

EXECUTIVE SUMMARY

Proposed +/- 3 acre outparcel located at the stoplight intersection of N Road St/Hwy 17N bus and Culpepper Lane in Elizabeth City. This is part of a 44.28 acre parcel currently being farmed that has been approved as a Planned Unit Development, one of the only properties with that Zoning in this area. PUD calls for 22.13 acres Commercial, 10 acres of O&I, and 7.04 acres residential that equals 12 lots. Parcel has total of 1,100' frontage on N Road St and 1,100' frontage on Culpepper with stoplight at intersection. Seller wishes to sell corner +/- 3 acres or more, perfect location for Pharmacy or other retail user.
Located along N Road St/Hwy 17N business at the stoplight intersection of Culpepper Lane with 1,100' frontage on each. N Road St has highest traffic counts in area at +/- 30,000/day. Located less than 1/4 from Albemarle Hospital (with no national Rx within 4-5 miles), majority of medical offices, College of the Albemarle, YMCA, Pines Country Club, Food Lion, several fast food & auto dealers, mid-upper income residential, less than 20 minutes to NC/VA line with 8,000 commuters passing daily.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Drugstore
  • Single Family Development
Total Lot Size 3.00 AC
Zoning R-25 - Residential

1 LOT AVAILABLE

Lot

Price $1,550,621 CAD
Price Per AC $516,873.75 CAD
Lot Size 3.00 AC

±3 AC outparcel at signalized intersection of Hwy 17N & Culpepper Ln in Elizabeth City. Part of approved 44.28 AC PUD. 1,100' frontage on both roads. Ideal for pharmacy/retail. Near hospital, college, YMCA, and 30K daily traffic.

DESCRIPTION

This proposed ±3-acre outparcel is located at the signalized intersection of N Road Street/Hwy 17N Business and Culpepper Lane, offering exceptional visibility and access. Part of a 44.28-acre Planned Unit Development (PUD)—one of the few properties with this zoning in the area—the site is approved for 22.13 acres of commercial, 10 acres of office & institutional, and 7.04 acres of residential (12 lots). With 1,100 feet of frontage on both N Road Street and Culpepper Lane, this corner parcel is ideal for a pharmacy or retail user. The location boasts 30,000 vehicles per day, is less than ¼ mile from Albemarle Hospital, and is surrounded by medical offices, the College of the Albemarle, YMCA, Pines Country Club, Food Lion, fast food, auto dealers, and mid-to-upper income residential neighborhoods. It also benefits from proximity to the NC/VA line, with 8,000 daily commuters passing through.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
891504529445
Land Assessment
$1,530,222 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,530,222 CAD
  • Listing ID: 4776369

  • Date on Market: 2016-11-01

  • Last Updated:

  • Address: N Road St, Elizabeth City, NC 27909

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