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114 Luther Road, Morehead City, NC 28557
New Listing
$350,000





















Property Type:
Land
Lot Size (sq. ft.):
84,942
Status:
Active
Current Price:
$350,000
List Date:
8/02/2025
Last Modified:
8/02/2025
Description
Commercial Development Opportunity in Morehead City. Seize this rare opportunity to own nearly 2 acres of prime, undeveloped land located in the thriving business-retail corridor of Morehead City, directly accessible from Highway 70 East by two access roads (Willis Rd. & Jones Rd.) Current zoning of R15M can be rezoned. This mostly cleared parcel boasts exceptional location and convenience, making it a strategic investment for a wide array of commercial ventures. * Property Highlights: Direct access to Hwy 70E, a high-traffic commercial artery. Bordered to the north by the NC Railroad, offering logistical potential. A small pond at the rear adds charm or could be an aesthetic landscape feature. This parcel's southern property line includes a portion of Luther Road and does require it to be an open and accessible ingress/egress easement for Luther Road. Recent, recorded survey is available for review. Ideal for: retail plaza or strip center, restaurant or café with potential pond-side patio seating. Possible office park, medical or professional suites, warehouse or logistics hub. Mixed-use development potential with commercial or residential or office space. With its blend of location advantages and development flexibility, this site is a blank canvas in one of Morehead City's most dynamic commercial zones. Appointment required for full access & easy to show.
More Information MLS# 100522752
Contract Info
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2025-08-01
Sub-Type: Undeveloped
Listing Price: 350000
Current Price: $350,000
List Price/Acre: 179487.18
Stipulation of Sale: Standard
Location Information
Street #: 114
Street Name: Luther
Street Suffix: Road
County: Carteret
State/Province: NC
Zip Code: 28557
City Limits: No
Marketing City: Morehead City
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.738352
Geo Lon: -76.801501
Remarks and Showing
Directions to Property: From Hwy 70E, turn north on Willis Rd./Jones Rd. Site location is behind J&L Auto Sales (5092 Hwy 70E). No sign on site. See map.
Sign on Property: No
Property Exterior Info
Acres - Total: 1.95
Lot SqFt: 84942
Deed Restriction: Yes
Total Road Frontage: 103
Waterfront: No
Waterview: No
Location Type: Mainland
Legal and Taxes
Tax Assessed Value: 32813
Deed Book: 1621
Deed Page: 402
Legal: Acreage off Hwy 70
Broker Owner: No
PID: 636609063948000
Tax Identifier: 636609063948000
Plat Book: 34
Plat Page: 645
Total Real Estate Property Taxes: 147.41
Special Assessments: N/A
Tax Year: 2024
Zoning: R15
Cobra Zone: No
Elementary School: Morehead City Elem
Middle School: Morehead City
High School: West Carteret
Property Features
Current Use: Residential; Other
Bldgs on Property: Storage
Soil Evaluation: Soil Evaluation - No
Topography: Cleared/Partial; Level; Undeveloped
Fencing: Wood
Fuel Tank: None
Environmental Hazard: No; Unknown
Terms: Cash; Conventional
Listing Office: Big Rock Real Estate & Property Management
Last Updated: August - 02 - 2025
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