Catylist ID:
#30537712
Tract 1: 64.52 Commercial/Residential Acres for Sale - Richlands NC
Vacant Land
for Sale
| Catylist Listing ID: | 30537712 |
| Property Subtypes: | Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Self Storage |
| Gross Land Area: | 64.25 Acres |
| Sale Price: | $759,000 |
| Unit Price: | $11,813 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/7/2021 |
Overview / Comments
|
This property is located just out side the Southern Entrance to Richlands NC. The 64.52 Acres is on the North Side of Gum Branch Rd. The land is mostly cleared, no wetland delineation is in hand at this time, however we can tell from county mapping that wetlands or the potential for them is present. Therefore our pricing for the whole is based on the net usable acreage for the property at $30,000.00 per acre. Sellers are currently locating their survey and other documents for the property. The US Marine Corps will be moving an 800-member MARSOC battalion to Camp Lejeune from Camp Pendleton beginning on January 1, 2020. This will effectively consolidate all three of the Marine’s elite special forces battalions on the east coast, headquartered at Lejeune. Naval Facilities Engineering Command (NAVFAC) Mid-Atlantic, on behalf of Marine Corps Installations East, has announced that Phase one proposals are due December 17, 2019 for the following project packages: • Package 3: Three projects, including five buildings – one training facility renovation, three new training facilities and one new warehouse – at Camp Lejeune. Package estimate is $275-$325 million (solicitation number N4008519R9253). • Package 7: Four projects at MCAS New River including a barracks, academic building, a CH-53K and a C-12 hanger, each with associated facilities. Total estimated budget is $425-$475 million (solicitation number N4008519R9257). All this means that the region is growing, and there will be a substantial need for additional housing. |
Attachments & Media
Additional Details
| Nearest MSA: | Jacksonville |
| County: | Onslow |
| Taxing Authority: | Onslow County |
| Tax ID/APN: | 071397 |
| Zoning: | R-15 |
| Property Located Between: | Mills Field and Braysden Drive |
| Property Visibility: | Excellent |
| Legal Description: | PT TR2A Lee Mills Est |
| Largest Nearby Street: | Gum Branch Road |
| Feet of Frontage: | 2,127 |
| Traffic/Vehicle Count: | 8,200 |
| Highway Access: | Direct |
| Site Description: | Vacant Land located just outside of Richlands NC a Suburb of Jacksonville NC |
| Area Description: | Farm Land |
| Lot Frontage: | 2127 |
| Lot Depth: | 1463 |
| Zoning Description: | Zoning is Split between C-3 and R-20 |
| Topography: | Gently Sloping |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 5,880 | 16,787 |
| Median Age: | 31.09 | 31.06 |
| Households: | 2,107 | 6,035 |
Contact
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