50+ Acre Hampstead Development Opportunity!

Vacant Land for Sale
Catylist Listing ID: 30768685
Property Subtypes: Hospitality, Office, Residential (Single Family), Other
Gross Land Area: 51.51 Acres
Sale Price: $2,575,500
Unit Price: $50,000 Per Acre
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 1/12/2022

Overview / Comments

This 51.51+/- Acre parcel is situated just south of Hampstead proper.

Access granted from Highway 17 via Pearsons Lane. Not proposed to be affected by Hampstead Bypass roadway improvements.

Additional site access from Thomas Lane to the North connects to the stoplight at Washington Acres Road and Highway 17.

Property is perfect for residential development as it abuts additional single family development in the rear.

Access roads already platted

There is public water along three sides of the property.

Sewer is across Highway 17

Attachments & Media

Additional Details

Nearest MSA: Wilmington
County: Pender
Taxing Authority: Pender County
Tax ID/APN: 3282-40-2681-0000
Zoning: RP - RESIDENTIAL PERFORMANCE
Property Located Between: Whitebridge Road & Washington Acres Road
Property Visibility: Good
Legal Description: S/S 17
Largest Nearby Street: Highway 17
Traffic/Vehicle Count: 38,500
Airports: ILM
Site Description: Gradual slope front to rear. Predominately wooded.
Area Description: Area is rapidly expanding both commercially and residentially. Area has easy access to Jacksonville to the north and Wilmington to the south.
Lot Frontage: 1,675'
Lot Depth: 1,310'
Zoning Description: RP - Residential Performance District - intended to allow a variety of residential uses and densities and also limited commercial activities as well as agritourism.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,550 16,374
Median Age: 45.95 46.17
Households: 1,813 6,731
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