605 Eastwood Road

Vacant Land for Sale
Catylist Listing ID: 30602072
Property Subtypes: Office, Residential (Single Family)
Gross Land Area: 1.40 Acres
Sale Price: $1,275,000
Unit Price: $910,714 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/5/2020

Overview / Comments

The property is located at the intersection of Eastwood Road and Cardinal Drive, directly across from the Scotchman Shell gas station. It consists of 3 parcels, totaling 1.4 acres, with 300 ft of frontage on Eastwood Road. Rezoning will be required for redevelopment. One parcel is zoned O&I and the other 2 parcels are currently zoned R-15. The adjacent lot on Eastwood Road is zoned RB. No additional third party information available on these properties. The sellers are willing to give reasonable time to accomplish rezoning. All three structures on the property are leased on a short term basis. Please do not disturb the tenants. Adjacent properties owners would consider selling. Contact listing agent for more details.

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Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R05014-001-003-000
Zoning: O-I-1 (OFFICE & INSTITUTION) & R-15 (RESIDENTIAL)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,106 62,647 134,188
Median Age: 36.09 33.89 36.83
Households: 3,514 26,791 57,112

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