3512-3516 N Kerr B-1 Zone Land

Vacant Land for Sale
Catylist Listing ID: 30754073
Property Subtypes: Office, Retail, Retail-Pad, Other
Gross Land Area: 46,758 SF
Sale Price: $750,000
Unit Price: $16.04 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/19/2021

Overview / Comments

This property is being sold in conjunction with 3516 N. Kerr Avenue for a total of 1.08 acres of prime commercial development at a highly desirable location (Parcel IDs R03315-001-005-000 and R03315-001-004-000). Home on property is occupied by tenants and is not accessible, being sold for land value.
These two lots can be combined with the corner frontage property at 2604 Castle Hayne Road for additional amount.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: City of Wilmington and New Hanover County
Tax ID/APN: R03315-001-004-000
Zoning: B-1
Property Located Between: Castle Hayne Road
Property Visibility: Excellent
Legal Description: PT Schnibben Cape Fear
Largest Nearby Street: Castle Hayne Road
Feet of Frontage: 208
Highway Access: 421, MLK and I 40
Airports: ILM
Site Description: Consist of land and single family structures. Commercially zoned area near traffic light controlled intersection. Combination of businesses and single and multifamily residential
Area Description: Commercially zoned area near traffic light controlled intersection. Combination of businesses and single and multifamily residential
Lot Frontage: 208
Lot Depth: 230
Zoning Description: B-1 zoning https://planning.nhcgov.com/current-planning-zoning-overview/applications-ordinances/
Topography: Level
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: 2,001 20,616 87,138
Median Age: 41.65 34.2 34.2
Households: 660 8,421 36,832

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