5.8 Acres Development Opportunity
Vacant Land
for Sale
| Catylist Listing ID: |
30626697 |
| Property Subtypes: |
Hospitality, Multi-Family, Residential (Single Family)
|
| Gross Land Area: |
5.80 Acres
|
| Sale Price: |
$749,900 |
| Unit Price: |
$129,293 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/11/2020 |
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.
|
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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