Catylist ID:
#30567499
1.01+/- Acres Market Street Land For Sale
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30567499 |
| Property Subtypes: | Hospitality, Office, Retail, Retail-Pad |
| Status: | Pending/Contingent |
| Gross Land Area: | 1.01 Acres |
| Sale Price: | $450,000 |
| Unit Price: | $445,544 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 2/15/2021 |
Overview / Comments
|
Premier Highway 17(Market Street) Land For Sale! This property offers 80+/- feet of prime Market Street (Highway 17) frontage 1.01+/- Acres just north of the Military Cutoff Extension currently under construction. Property is one of the few remaining vacant parcels available in the Ogden/Porters Neck submarkets and one of even fewer with direct highway access. Signalized intersection at Ogden Park Drive allowing U-turn capability once road improvements are completed. 56,000+ Cars Per Day pass this location allowing for excellent visibility to any industry Additional 1.17+/- acres at 7036 Market Street is available. Highest and Best Use requires a commercial rezoning Currently there is a lease on a portion of the property for a billboard |
Attachments & Media
Additional Details
| Nearest MSA: | Wilmington |
| County: | New Hanover |
| Tax ID/APN: | R04400-005-016-000 |
| Zoning: | R-15-RESIDENTIAL DISTRICT |
| Property Located Between: | Ogden & Porters Neck |
| Property Visibility: | Excellent |
| Legal Description: | LOT 6 JOSEPHINE FOYLES DIV |
| Largest Nearby Street: | Highway 17 |
| Feet of Frontage: | 82 |
| Traffic/Vehicle Count: | 57,098 |
| Highway Access: | Highway 17 |
| Airports: | ILM |
| Site Description: | Wooded Lot |
| Lot Frontage: | 81 |
| Lot Depth: | 545 |
| Zoning Description: | R-15 Residential District |
| Topography: | Level |
| Easements: | Utilities |
| Easements Description: | Water/Sewer |
| Available Utilities: | Electric, Water, Sewer |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,519 | 45,652 | 95,334 |
| Median Age: | 42.93 | 36.24 | 36.19 |
| Households: | 979 | 18,017 | 39,874 |
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