AR zoned 4.47 acres adjacent to AI Land

Vacant Land for Sale
Catylist Listing ID: 30772932
Property Subtypes: Industrial, Residential (Single Family)
Gross Land Area: 4.47 Acres
Sale Price: $625,800
Unit Price: $140,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/23/2021

Overview / Comments

This property is located next to the Wilmington International Airport, just off of the intersection of Blue Clay Road and N Kerr Avenue. Located next to the Airport Industrial (commercial) properties on Old Wrightsboro Road, Import Lane, and Export Drive.

The 4.47 acres has access to utilities.

The property is zoned AR (airport residential) which would require rezoning for commercial development. Please check with the Zoning Department of New Hanover County for your particular use.

Location make sense for Storage or for flex space development.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R03300-004-006-000; R03300-004-005-000
Property Located Between: Blue Clay Road & N Kerr Avenue
Largest Nearby Street: North Kerr Ave
Airports: ILM
Site Description: Vacant land with trees and a house
Area Description: Northern New Hanover County Industrial Land near airport and North Kerr Industrial Park
Zoning Description: The Airport Residential (AR) District is established for the purpose of limiting the development of land within the vicinity of Wilmington International Airport to low density residential development. In promoting the general purpose of this district, its specific intent is to: Minimize airport hazards by limiting dense residential development; Prohibit the development of places of assembly such as schools, hospitals, rest homes or other uses that tend to concentrate large numbers of people; Promote the health, safety, and general welfare of County residents by preventing the establishment of hazards to airport activities by safeguarding the lives and property of both the users of the airport and nearby residents; and Prevent destruction or impairment of the utility of the airport and the public’s investment in it.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,182 28,051 93,021
Median Age: 38.6 35 34.11
Households: 862 11,339 39,350
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