Property Images: 
MLS# 113239: Corner Parcel-2 Side Billboard
Asking Price: 
169,900
Subdivision: 
None
Unit/Lot #: 
3131 Caratoke Highway Currituck, NC 27929
Waterfront: 
None

Information

Maximum Visibility Corner Commercial Property with Billboard (new in 2005) ... 2 Sided Lighted Billboard w/ (2) 10 x 30 advertising panels for a total of 600 square feet advertising *** Subject property is located just a few miles south of the Currituck County Courthouse Complex *** Billboard offers excellent visibility from both the Southbound and Northbound Lanes *** The highway curves in this location thereby providing a long view of the Billboard ADS *** Great opportunity for a business to own their own billboard ... Maximum Traffic Count location ... almost all of the consumer (traffic/tourism) coming from the Northeast US to the Outer Banks will pass by this Billboard - the name recognition factor alone is tremendous subliminal marketing as consumers automatically see you as vested and invested in your business *** Currituck County has made all billboards non-conforming ... this means that no new billboards may be built in the County ... but they are grandfathered and so you are able to maintain them (even rebuild them if they are destroyed by fire) and continue to own and operate them *** Annual license fee to NC State $60 * Monthly Dominion Power bill approx. $30 *** Consider the numbers: cost to install 1 AD is approximately $1800 and they generally last about 2 years ... Cost to rent a similar size Ad with this visibility will be approximately $650/month or $7800 per year ****** IF YOU OWN THE PROPERTY AND 2 SIDED BILLBOARD ... the ADS on 2 sides at $3600 divided by 24 months (2 year lifespan) equals a cost of $150 per month ****** IF YOU RENT A SIMILAR BILLBOARD IT WILL COST YOU APPROXIMATELY $1350 PER MONTH *** If you finance the land purchase you will still be way ahead of the game *** NOTE - THIS PARCEL AND ADJACENT PARCEL TO BE SOLD TOGETHER WITH 108 BELLS ISLAND ROAD "OR" THIS PARCEL SOLD FIRST AND THEN THE ADJACENT PARCEL 108 BELLS ISLAND ROAD - SEE MLS# 113240 and offered at $39,900 *** The 108 Bell's Island Road parcel is Zoned A (Agricultural) with many permissible business uses *** 3131 Caratoke Highway parcel (per survey plat) is 22,276 square feet * 108 Bells Island parcel (per survey plat) is 28,433 square feet ... the two combined round out to 50,709 square feet or 1.16 acres making this a good size corner parcel property *** If you don't want to keep the 108 Bells Island Road parcel you can later sell it or build a home on it for rental income or spec for sale *** As for 3131 Caratoke Highway there are commercial development opportunities in addition to the billboard onsite *** Excellent long term possibilities (MID-CURRITUCK BRIDGE) with present benefits! ...

Area
Maple to Moyock
Subdivision
None
Lot Description
Corner,Level
Lot SqFt
22276
Possession
Closing
Roads
Paved
Public
Taxes
$300
Association Fee Included?
No - Restrictive Covenants May A
Days On Market
66
Listing Agent
John Leatherwood
Listing Office
Coldwell Banker Seaside Realty KH

Request More Information

Mark Pearson
Senior Associate Broker
Cell 252-573-9198

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