2604 Castle Hayne Road

Vacant Land for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30442220
Property Subtypes: Office, Retail, Other
Gross Land Area: 24,097 SF
Sale Price: $399,000
Unit Price: $16.56 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/17/2020

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 one the site is of no value and the potential is in the land development.

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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