0 Horton Drive, Morehead City, NC 28557 (MLS# 100557743)

0 Horton Drive, Morehead City, NC 28557

New Listing
$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

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 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

More Information MLS# 100557743

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 Plat Book: 0 Plat Page: 0 Special Assessments: None Tax Year: 2026 Zoning: CH Cobra Zone: No Elementary School: Morehead City Elem High School: West Carteret

Contract Info

Delayed Marketing?: No Sub-Type: Undeveloped List Price/Acre: 174262.73 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2026-03-03 Listing Price: 1300000 Current Price: $1,300,000

Location Information

City Limits: No Marketing City: Morehead City Secondary Subdivision: N/A Street Name: Horton Street Suffix: Drive County: Carteret State/Province: NC Zip Code: 28557 Subdivision: Not In Subdivision Geo Lat: 34.736065 Geo Lon: -76.81935

Remarks and Showing

Sign on Property: Yes Directions to Property: Highway 70 to Horton Drive, the street ends and will need to be extended to access the property.

Property Exterior Info

Acres - Total: 7.46 Lot SqFt: 324958 Deed Restriction: No Waterfront: No Total Road Frontage: 50 Waterview: No Location Type: Mainland

Current Use

Development: 1 Vacant: 1

Bldgs on Property

None: 1

Soil Evaluation

Soil Evaluation - No: 1

Topography

Cleared/Partial: 1 Undeveloped: 1

Terms

1031 Exchange: 1 Cash: 1 Conventional: 1 Will Not Divide: 1

Fuel Tank

None: 1

Environmental Hazard

Unknown: 1

Lot Description

Wetlands: 1 Wooded: 1

Road Type/Frontage

Private Road: 1 Unpaved: 1 Easement: 1

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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