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CURRENT BID: $1,000,000 STATE: NC NO. OF BIDDERS: 0 CLOSE TIME: 06-04-2018 10:00 AM CT.
The property is located in WashingtonCounty, North Carolina. Washington County is situated halfway between ElizabethCity and Greenville on the Albermarle Peninsula. US Highway 64 traversesnorthern Washington County east to west along the south side of AlbermarleSound. Parcel 003 is situated along the south side of NC Highway 99 South twomiles east of NC Highway 32 in southwestern Washington County.
The property was acquired to develop anoutlying landing field (OLF) associated with Naval Air Station-Oceana, Virginia,but was not developed. Navy OLF Parcel 003 is level, contains 558.74 acresM.O.L., and is roughly square in shape. The parcel has 1,967 feet of frontage onNC Highway 99 South. The western boundary of the property abuts a 100-foot dirtright-of-way known as Turnpike Farm Road. The southern boundary of the parcelis Albermarle Drainage District 5 Canal 10.
The subject is located in FEMA flood zoneFEMA Zone X, which is not classified as a flood hazard area. Parcel 003 islocated in the North Carolina coastal zone and is subject to State regulationspertaining to coastal zones.
thezoning is Rural Area Single Family Residential. The classification isintended to accommodate rural residential development and maintain existingagriculture, aquaculture, fishing, forestry uses, and open space.
The subject soils consist of 84.6% Arapahoefine sandy loam, 11.7% Portsmouth fine sandy loam, and 3.7% Dragston loamy finesand. These soils are above average in relation to the average crop production ofWashington County soi ls.
In Plymouth proceed on NC Highway32/45 (Washington Street) at its intersection with US Highway 64 south 5 milesto the intersection with NC Highway 99 and turn left. Proceed on NC Highway 99 South2 miles to Turnpike Farm Road (Lat. 35. 748691,Long-76.678327). Turn left and Parcel 003 begins approximately 2,000 feet onthe left (Lat. 35.743774, Long-76.681701).