Development opportunity on Pine Grove Drive

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30136448
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Restaurant, Retail-Pad, Service Station/Gas Station
Status: Pending
Building Size (RSF): 975 SF
Gross Land Area: 0.95 Acres
Sale Price: $425,000
Unit Price: $435.90 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 975 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/24/2018

Overview / Comments

This offering is for the property at 802 and 810 Pine Grove Drive. 810 Pine Grove is a vacant .5 acre lot, zoned Community Business. 802 Pine Grove is a .45 acre lot, zoned Community Business, and includes a 975+/- square foot residence. The house has been recently remodeled and is move-in ready. These lots would be perfect for a home business, or a re-development project with the proximity of rooftops.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: Wilmington
Tax ID/APN: R06116-001-005-000 & R06116-001-004-000
Zoning: CB
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Greenville Loop Road & Pine Grove Road
Feet of Frontage: 240
Traffic/Vehicle Count: 18,000
Property Condition: Good
Parking Type: Surface
Zoning Description: Community Business
Lot Frontage: 240
Lot Depth: 298
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,084 68,100 138,889
Median Age: 41.8 36.47 37.04
Households: 2,179 29,566 60,194
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