144 Horseshoe Road, South Mills, NC 27976 – MLS# 100511201
Courtesy of Alex Rich, Rich Company
Description
This is a rare opportunity to invest in a +/- 4.69-acre commercial corner lot on U.S 17 North in South Mills! This property has high visibility for traffic along U.S. 17 for both Virginia and North Carolina commuters, with an average daily traffic count of 14,000 vehicles. Located just 15 minutes from the Virginia/North Carolina border and 10 mins from the rapidly expanding commercial district of Elizabeth City, this site is perfectly positioned and zoned (Highway Commercial) for retail, service businesses, or investment development. The 4.69-acre parcel is listed at $423,000, however, the seller may be willing to subdivide the property on a case-by-case basis for an overall price per acre being higher than the list price.
HOA Amenities
Property Details and Features
Property Access
- Road Type/Frontage: Maintained,Paved,Public (City/Cty/St)
Disclosures
- Unknown
Home Owner’s Association
- HOA: No
Listing
- Sub-Type: Retail
- Listed on 2025-06-03
- List Price/Acre: $68,870
- Terms: Cash,Conventional
Location
- Zip Code: 27976
- Latitude: 36.447581
- Longitude: -76.339106
- Subdivision: Not In Subdivision
- City Limits: No
Lot
- 204,296 sqft lot
- Lot Dimensions: +/- 630.41′ x +/- 423.73′ x +/-459.10 x +/-498.9′
- 4.69 total acre
- Lot Description: Corner Lot,Open Lot
- Topography: Cleared,Undeveloped,Level
Possession
- At Closing
Property
- Zoning: HC
- Federal Flood Insurance available
- Bldgs on Property: None
- Soil Evaluation: Soil Evaluation – No
Taxes
- Tax Assessed Value: $252,025
- Property Taxes: $1,840
- City Tax Rate: 290
- Deferred Taxes: No
- Tax Year: 2024
Utilities
- Electricity Available
- Water Available
- Fuel Tank: None