Property Details

Exemplary Residential/Commercial Vacant Land In Scranton, NC

US 264 - SCRANTON, NC 27875

Lucky Dog Price: $39,000
Market Value: $217,000
Savings of 82%!!

Acreage Zoning Flood Zone Utilities Survey Perc Test Access
1.64 Acres Residential Zone AE (EL 5) Electric: City available
Water: Well needed
Sewer: Septic needed
No None To be verified by buyer

Seize a remarkable opportunity with this prime parcel of residential or commercial vacant land, spanning an impressive 1.64 acres, situated at the nexus of strategic growth in Scranton, North Carolina. Zoned for commercial use, this land presents endless possibilities for pioneering businesses and investors seeking to make their mark in a burgeoning economic landscape.

Nestled within the heart of Scranton, this parcel enjoys unparalleled visibility and accessibility, strategically positioned at the crossroads of major thoroughfares and key business districts. Its prominent location ensures a steady flow of both vehicular and pedestrian traffic, promising unrivaled exposure for any commercial endeavor. Turn this property into a gas station or even convenience store! This substantially busy highway guarantees that it will be well utilized by people passing through as well as the local community.

Whether you're an established business owner looking to expand or an investor seeking a promising addition to your portfolio, this property represents an unparalleled investment opportunity with utilities and even the option of putting a mobile on it. Or if you are looking to start your life in Scranton, then this lot is perfectly situated!

Claim your stake in the future of Scranton's commercial landscape. Unlock the potential of this 1.64-acre gem, where possibilities are as boundless as the acreage itself. For visionary entrepreneurs and astute investors, this is more than land – it's the foundation of a thriving future. Inquire now to make this exceptional property yours and transform your ambitions into reality.

Closest Street Address:

4170 US HIGHWAY 264 SCRANTON, NC 27875-9594

*Note: Due diligence should be conducted for any potential development plans to ensure they comply with local regulations and zoning laws. Buyer will need to pull a permit to install driveway

Site Address: US 264 - Scranton, NC 27875

County / State: NC-Hyde County

Parcel Number: 15423

Parcel Size: 1.64 Acres

Parcel Area: 57,885 sq ft.

Zoning: Residential

# of Dwellings Allowed to be Built: No limit, buyer would need to get a permit

Flood Zone: Zone AE (EL 5)

Electric: City available, to be verified by buyer

Water: Well needed

Sewer: Septic needed

Survey/Plat Map: No

Percolation Test: None

Property Access: To be verified by buyer

Legal Description: LOT 2 FROM ANTHONY DAVIS

Subdivision: n/a

Center GPS Coordinates: 35.4940071105415, -76.44666261047301

RV Parking / Living Allowed: Yes

Mobile Homes Allowed: Yes

Farming Allowed: Yes

Livestock Allowed: Yes

Both Surface & Mineral Rights Included: To be verified by buyer

Timber Rights Available: To be verified by buyer

Annual Taxes: $148.53 ( 2022)

HOA Fees / Name of HOA: n/a

Elevation: 3.3 feet

Elementary School: Mattamuskeet Elementary School - 23 mins

Middle School: Mattamuskeet Middle School - 22 mins

High School: Mattamuskeet High School - 22 mins

Buyers Agent Commission Offered: 3%

Title Provided: Warranty Deed w/ Title Insurance

Optional Seller Financing With down payment of $16,000. No credit check. Property sold at retail market value $217,000, if seller financed. Payments start as low as $1,993 for 360 months. Other payment options available. No pre-payment penalty. Notes are held at 11.5% annual interest. Seller financing options require a $9.95/mo. note service fee. A one-time $299 document fee applies to all cash and financing sales.


Directions

From Garrish Farm Airport (4.8 miles away), head north on Hodges Rd toward 1142/Lynnsburg Rd for about 2.2 miles. Turn left onto Puddin Hill Rd. Turn right onto New Rd. Turn right onto Old Hwy 264/Old US Hwy 264. Turn left onto US-264 E. Destination will be on the left in 53.60 m (175.86 ft).

Terms and Conditions

Seller financing options require a $9.95/mo note service fee. Seller financing is only available with a full asking price offer. Any down payment or funds received are NON-REFUNDABLE. We are a national real estate investment company and in most cases we have not viewed the property in person. All of the information for this property that we are aware of has been disclosed within the listing details on our website. Please direct any additional questions regarding this property to the associated city/county governmental agency. Buyer is responsible for performing their own due diligence to verify all information is accurate and to be sure the property fits their needs. This property may still be in the process of closing with the previous owner and the deed will be transferred into our name shortly. In the meantime, this property is being pre-marketed with the permission of the previous owner. This property is guaranteed to be sold with a Warranty Deed and full title insurance.

Designed by: Palette Nation