2604 Castle Hayne Road

Vacant Land for Sale
Sale Pending
Also listed as Retail-Commercial
Catylist Listing ID: 30442220
Property Subtypes: Office, Retail, Other
Status: Pending
Gross Land Area: 24,097 SF
Sale Price: $295,000
Unit Price: $12.24 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/22/2022

Overview / Comments

Commercial development opportunity exist for this .55 of an acre track of land located at the highly visible intersection of Castle Hayne Road and N Kerr Avenue. This land is zoned B-1 and is within eye sight of many business. The property has 144 feet of frontage on Castle Hayne Road and 167 feet of frontage on N Kerr Avenue. The house on the site is of no value and the potential is in the land development. This listing is made up of two parcels. Neighboring parcels are also on the market.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover County
Tax ID/APN: R03315-001-003-000 and R03315-001-002-000
Zoning: B-1
Property Located Between: Castle Hayne Road and Kerr Avenue
Property Visibility: Excellent
Legal Description: PT Schnibben Cape Fear and Wrightsboro Cape Fear
Largest Nearby Street: Castle Hayne Road
Feet of Frontage: 144
Highway Access: I40, 421, 74/76 and Hwy 17
Airports: ILM
Site Description: Corner lot located in B-1 zoned area. Level with some tree cover. Vacant house is on site
Area Description: Business Commercial Area
Lot Frontage: 144
Lot Depth: 168
Zoning Description: Section 52.1: B-1 Business District 52.1-1: The purpose of this District shall be to provide convenient shopping facilities primarily of necessity goods and personal services required to serve a neighborhood. The district's principal means of ingress and egress shall be along collector roads, minor arterials, and/or major arterials as designated on the County's Thoroughfare Classification Plan. (8/4/86) No B-1 Business District shall be less than two (2) acres in area. 52.1-2: DELETED (1/5/81) 52.1-3: DELETED (1/5/81) 52.1-4: Dimensional Requirements: (1) Minimum Lot Area – None (2) Minimum Front Yard - Fifty (50) feet along US and NC numbered highways and major thoroughfares as designated by the Wilmington Area Thoroughfare Plan. Thirty-five (35) feet along all other public highways or streets. (3) Minimum side and rear yards for property abutting residential districts: (A) Required minimum setbacks for structures shall be calculated in accordance with Section 60.3. (B) Buffering and landscaping shall meet the requirements of Section 62.1-4. (3/9/88) (4) Maximum Building Height - Thirty-five (35) feet (12/13/82) 52.1-5: Parking - Parking and loading shall be provided in accordance with the provisions of Article VIII. 52.1-6: Signs - Signs shall be in accordance with Article IX.
Development Name: n/a
Easements: Utilities
Easements Description: standard utility easements exist.
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain
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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