5.47 Acres Development Opportunity
Vacant Land
for Sale
Catylist Listing ID: |
30626697 |
Property Subtypes: |
Hospitality, Multi-Family, Residential (Single Family)
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Gross Land Area: |
5.47 Acres
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Sale Price: |
$749,900 |
Unit Price: |
$137,093 Per Acre |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
2/8/2021 |
Overview / Comments
Development Opportunity on Pine Grove Rd. Located just South of its intersection with Greenville Loop Rd. Excellent potential to rezone for higher density use. There are two houses on the property that will be conveyed with no value.
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Additional Details
Nearest MSA: |
Wilmington |
County: |
New Hanover |
Tax ID/APN: |
R06100-003-001-000 |
Zoning: |
R-15 |
Property Visibility: |
Excellent |
Legal Description: |
PT MONTFORD |
Feet of Frontage: |
625 |
Traffic/Vehicle Count: |
21,456 |
In Flood Plain?: |
Yes |
Available Utilities: |
Electric, Water, Sewer, Cable, Internet Access |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
4,044 |
69,198 |
135,718 |
Median Age: |
44.58 |
36.55 |
37.2 |
Households: |
1,723 |
30,013 |
58,747 |
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