.7 ACRES

Vacant Land for Sale
Catylist Listing ID: 30781585
Gross Land Area: 0.70 Acres
Sale Price: $1,995,000
Unit Price: $2,850,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/4/2022

Overview / Comments

Best retail location in downtown Carolina Beach! These four contiguous parcels combine to comprise a .70-acre site which forms a “wrap” around the northwest corner of Lake Park Blvd and Harper Avenue in the heart of Carolina Beach’s business district. McDonalds and Hardees are across the street from this site, which provides high visibility as well as strong vehicular and pedestrian traffic.

Highest and best redevelopment possibilities include retail, restaurants and mixed-use projects. Mixed use buildings are allowed up to 50 feet height by right.

Owner wishes to sell all four tax parcels as a bulk sale.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R09006-002-010-000
Zoning: CBD

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,785 11,122 16,413
Median Age: 43.01 46.76 45.65
Households: 1,255 5,022 7,169

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