Development Opportunity on Interchange

Vacant Land for Sale
Catylist Listing ID: 30165181
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Self Storage
Gross Land Area: 15.99 Acres
Sale Price: $1,500,000
Unit Price: $93,808 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/11/2018

Overview / Comments

15.99 +/- AC currently zoned R-15. Any use other than residential housing will require zoning application.

Located next to Stephen's Point Apartments directly off HWY 17 in Porter's Neck area.

Wetlands map will impact future development. See attached PDF.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R02900-001-009-000
Zoning: R-15
Property Visibility: Excellent
Legal Description: (15.99 ACRES) PT TRS 1-4 JOSEPH T FOY DIVISION & ADJ RR R/W
Highway Access: Stephens Church Rd - directly off HWY 17
Airports: ILM
Water Service: Municipal, Other
Sewer Type: Municipal, Other

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 21,469 47,509
Median Age: 41.39 40.82
Households: 8,624 19,610
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