8 Acres Zoned Residential Possible Development
Vacant Land
for Sale
Catylist Listing ID: |
30665107 |
Property Subtypes: |
Agricultural, Industrial, Multi-Family, Residential (Single Family), Retail, Self Storage
|
Gross Land Area: |
8.03 Acres
|
Sale Price: |
$499,000 |
Unit Price: |
$62,141 Per Acre |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
2/18/2021 |
Overview / Comments
Conveniently located just north of Wilmington, approximately 8 Acres of wooded residential land zoned R-15 allowing up to 20 dwelling units (lots). If rezoned to R-10 density could be increased up to 26 dwelling units (lots). Over 500 feet of direct road frontage on US-117 allowing easy access for residential development. No utilities currently on property, City/County utilities accessible for connection to the property. Property is an easy 15 minute drive from Wilmington and associated ILM Airport. Only minutes from Interstate I-40 for an easy commute to and from the area. General area of property has municipal water, sewer and electric available for connection.
|
Additional Details
Nearest MSA: |
Wilmington |
County: |
New Hanover |
Taxing Authority: |
New Hanover County |
Tax ID/APN: |
TaxID1: R01800-002-001-000 TaxID2: 323106.37.3818.000 |
Zoning: |
R-15 |
Property Located Between: |
Just south of Castle Hayne NC on NC Hwy 117 |
Property Visibility: |
Excellent |
Legal Description: |
PT LOT 41-A HERMITAGE ESTATES |
Largest Nearby Street: |
NC HWY 117 |
Feet of Frontage: |
528 |
Highway Access: |
Directly off NC HWY 117 |
Airports: |
ILM approx 10 minutes away |
Site Description: |
Wood lot |
Lot Frontage: |
528 |
Lot Depth: |
952 feet to 1352 feet |
Zoning Description: |
New Hanover County Residential Zoned R-15 |
Topography: |
Level |
Available Utilities: |
Electric, Water, Gas, Sewer |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
1,606 |
6,162 |
33,907 |
Median Age: |
34.13 |
35.62 |
36.43 |
Households: |
462 |
2,326 |
13,400 |
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Cape Fear REALTORS® nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|