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: 11/20/2020

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

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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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