114 Luther Rd Morehead City, NC 28557
Estimated payment $1,929/month
Highlights
- 1.95 Acre Lot
- Wood Fence
- Level Lot
- Morehead City Primary School Rated A-
About This Lot
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 cafe 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.
Listing Agent
Big Rock Real Estate & Property Management License #202803 Listed on: 08/01/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $147
Lot Details
- 1.95 Acre Lot
- Wood Fence
- Level Lot
- Cleared Lot
- Property is zoned R15
Schools
- Morehead City Elementary School
- Morehead City Middle School
- West Carteret High School
Community Details
- The community has rules related to deed restrictions
Listing and Financial Details
- Assessor Parcel Number 636609063948000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1 | $32,577 | $32,577 | $0 |
| 2023 | $148 | $32,813 | $32,813 | $0 |
| 2022 | $145 | $32,813 | $32,813 | $0 |
| 2021 | $85 | $20,124 | $20,124 | $0 |
| 2020 | $80 | $20,124 | $20,124 | $0 |
| 2019 | $191 | $50,497 | $50,497 | $0 |
| 2017 | $191 | $50,497 | $50,497 | $0 |
| 2016 | $191 | $50,497 | $50,497 | $0 |
| 2015 | $186 | $50,497 | $50,497 | $0 |
| 2014 | $384 | $104,488 | $104,488 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $350,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $20,000 | None Available | |
| Warranty Deed | $12,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $18,000 | New Conventional |
Source: Hive MLS
MLS Number: 100522752
APN: 6366.09.06.3948000
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC
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