Waterfront
Address
176 & 111 Radio Road Powells Point, NC
Price
$ 12,000,000
Property Attributes
  • MLS#107033
  • TypeLand
  • CountyCURRITUCK
  • CityPowells Point
  • AreaPt. Harbor to Powells Pt.
  • Zip27966
  • StyleAcreage
  • Taxes3155
  • Price$ 12,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Lisa D Ray @ Ray Commercial
Property Description

1. Land Info: a. Location: RADIO ROAD, POWELLS POINT, NC 27966 b. Five (5) properties, approximately 130+ acres i.Entrance westside includes a 3.1-acre tract of 3 residential lots, good elevation ii.Entrance eastside is Ray Farm, adjacent to Ray-D-O Biz Towers Inc. tract A. Bordering the Currituck Soundfront B. White sand resources C. 50 x 100-foot steel building used for farm equipment, construction and maintenance D. Natural springs, excellent water filtered through white sand & double aquafers E. 2 ponds iii. Ray-D-O Biz Towers, Inc. tract A. Approximately 90 acres B. Capacity to hold multiple towers/antennas. Existing tower is an exclusion to the property sale. C. Owns northern peninsula of island adjacent to Wildlife Commission White Sand resources Hammock Creek comes up the back of the tract connecting to the Currituck Sound Location is across for USACE Hydraulic Research Center on OBX. All Ray properties are grandfathered for tower farm expansion. 1 Tower currently onsite, excluded from land sale. Accumulated tracts are roughly 3/8-mile-wide & 1+ miles-long bordering the Currituck Sound and a tip of island peninsula whose APO is State of NC/ Wildlife Commission Property view from entrance at Radio Road & Foster Forbes may provide winter view to the Outer Banks Duck water tower, Sanderling Resort and Pine Island Shell sand road for ingress-egress/easement. 2. Current Use a. Commercial use via special Conditional Use Permit (CUP)-tower site b. Agriculture use Owner is a Real Estate Broker.

Price History
10/22/2019 Listed $15,000,000
1/28/2020 14% - $13,000,500
3/19/2020 8% - $12,000,000

General Features

Class LOTS/LAND
Electric Available
Financing Options Cash, Conventional, Trade/Exchange
Listing Area Pt. Harbor to Powells Pt.
Ownership Owned More than 12 Months
Potential Short Sale No
Showing Instructions Listing Agent Must Acc., See Brokers Notes
Status Active
Status Active
Subdivision None
Subdivision NC
Tax Year 2018
Taxes 3155
Type Acreage
View Canal, Creek, Sound
Water Private, Well
Waterfront Location Soundfront
Zoning CUP & Ag

Exterior Features

Lot Description Easement(s), Level, Water Frontage, Wooded
Lot Faces (n,e,w,s) E
Roads Easement Access, Private
Timber Scattered

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 27966

Price
AVG $690K
$12M
Taxes
AVG $424
$3,155
Visits
AVG 64
118

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