US 50 at NEW Surf City Bridge, Prime Road Frontage!

Vacant Land for Sale
Catylist Listing ID: 29964691
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
Gross Land Area: 1.05 - 1.50 Acres
Sale Price: $399,000
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: 1.5%
Last Updated: 10/30/2017

Overview / Comments

High flat lot between Surf City Bridge/ ICWW and Downtown Surf City. Over 200 feet of prime road frontage on apex of curve on US 50, just .3 miles from Surf City new high rise bridge project. Great advertising corner and would do exceptionally well with retail / commercial building due to slow moving, high volume traffic flow (daily/annual avg of approx 7,500 VPD, vehicles a day).

Lot currently cash flows from adverts.

Additional Details

Nearest MSA: Jacksonville
County: Pender
Tax ID/APN: 42355423620000
Zoning: C1
Property Visibility: Excellent
Legal Description: LT 88 PB 9/53 ON B/S 50 N OF BRIDGE
Largest Nearby Street: US 50 / HWY 210
Feet of Frontage: 204
Highway Access: DIRECT
Airports: Wilmington (ILM) and Jacksonville (OAJ)
Site Description: Property backs up to new 189 acre residential development currently underway. Flat lot, 200 feet of prime road frontage. 1/3 mile from Surf City NEW high rise bridge. Great Local Businesses are Tenants of Adverts
Area Description: Rapidly growing beach front community, developing into populated year round area. With new schools, businesses, roads and bridges being constructed.
Lot Frontage: 204
Lot Depth: 359
Zoning Description: C1
In Flood Plain?: Yes
Topography: Level

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 888 3,200 8,072
Median Age: 47.53 43.68 43.01
Households: 400 1,438 3,273
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