116 Corporate Dr - Schools FOR SALE


Elizabeth City, NC 27909
$973,000 USD
252-982-6136
116 Corporate Dr, Elizabeth City, NC for Sale
$973,000 USD
Schools - FOR SALE
1/31
null | Request Cap Rate

116 Corporate Dr
Elizabeth City, NC 27909


HIGHLIGHTS

  • 10,400 SF building situated on ±2.7 acres within Pasquotank Commerce Park, a 300-acre industrial business hub.
  • Currently configured as a daycare/academy, with potential for customized buildout utilizing existing commercial kitchen, open areas, and offices.
  • Proximity to the Port of Virginia (32 miles south) and convenient access to US 17 Bypass.
  • Location offers economic benefits of North Carolina, including lower cost of living, corporate tax rates, and property tax rates compared to Southeast
  • Positioned near historic downtown River City, with access to breweries, wine bars, restaurants, and shops.
  • Connected to natural gas, enabling versatile business and operational possibilities.

OVERVIEW

The EC community still seems to have a need for the current configuration and property use as a daycare/academy. However, the interior has an existing commercial kitchen, several expansive open areas, and offices making a customized buildout a great economic alternative to new construction. This 10,400 SF building is located on +/-2.7 acres in the Pasquotank Commerce Park, a 300-acre industrial business park only 32South of the Port of VA (POV) and just off US 17 Bypass. This is the choice location for enjoying the economic benefits of NC such as lower cost of living compared to Southeastern VA communities, lower corporate tax rates, lower property tax rates, and the charm of the historic downtown River City with breweries, wine bar and fantastic restaurants and shops. Natural Gas is connected expanding other business use possibilities. Don't miss this great investment and business opportunity!

FOR SALE DETAILS

PRICE

$973,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.66 AC

LAND SF

115,870 SF

ZONING

Industrial

APN/PARCEL ID

7996605896

ASK ABOUT THIS PROPERTY

Joseph StatenOBX Island RealtyMore Info
252-982-6136

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Joseph StatenOBX Island RealtyMore Info
252-982-6136

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