6842 Caratoke Highway , Lot# 5

Description

11.47 Acre Tract in North Jarvisburg w/ Grandy Address ... Just south of Weeping Radish *** NC 158 CARATOKE HIGHWAY CORRIDOR ... HIGH VISIBILITY AND HIGH TRAFFIC COUNT ... All traffic North/South travels this Highway ... AND WITH 1128 FEET ROAD FRONTAGE YOU CAN'T MISS THIS LOCATION AND WHATEVER TYPE USE / DEVELOPMENT IS PLANNED FOR THIS PROPERTY *** Seller had preliminary Development Plan part way through the Approval Process with Currituck County (see Associated Docs) in 2004 *** Although timelines have expired it is very likely the Engineering (by Robert J. Stewart, Jr. PE) and Survey work (by Bill Robbins) w/ Proposed subdivision would still be doable today *** Land is 1128 feet on West side of Caratoke Highway (120 foot right of way along Highway) at corner of Betsy Dowdy Private Road along which you have 466 Feet of South property line *** Rear (West) property line is 1057 Feet and the North property line is 463 Feet *** 2004 Preliminary Plat reflects 7 Commercial Lots and 1 Residential Lot ... the residential lot will contain a wet detention basin *** The General Business (GB) Zoning is the most versatile of the Commercial Zoning classifications in Currituck County affording a property owner a multitude of Development options ( See Associated Docs) *** One such option is Single Family Homes ... allows you to live / work from home *** The development plan ... if developed into Indvidual Lots would be suitable for single family homes ... connected by a common access feeder road so that each lot would not have its own ingress and egress to Caratoke Highway ... but all lots would feed to the via the Service Road to Betsy Dowdy Road for access to the Highway *** The Sellers named this project the "SUNSET COMMERCIAL SUBDIVISION" *** NO plans have been finalized so a buyer has all options open to them ... BUT if a Buyer would want to pursue this type of development, they would have a leg up on the process as far as its very real potential *** SEE ASSOCIATED DOCS FOR EXISTING DEVELPMENT DETAILS FROM 2004 *** Other Options are many such as Restaurants, Grocery Store, Strip Mall Shopping Center, and so much more!!! *** Flood Zone "X" ... so, NO Flood Insurance required *** ... COME SEE!