Prime 6.65 +/- Acre Redevelopment Opportunity

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30388437
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad, Self Storage
Status: Pending
Gross Land Area: 6.65 Acres
Sale Price: $3,500,000
Unit Price: $526,315 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/12/2022

Overview / Comments

This 6.65 Acre tract of land is located at the corner of Western Blvd and Highway 17 in Jacksonville.

The property has no major topography issues, and is flat

The property has an entrance from Parkwood Drive and has the ability to have a right in / right out off of Highway 17. DOT is currently expanding the intersection of Highway 17 and Western. The property will not be adversely affected by this work.

Well Positioned and Highly Visible this property is ready to be redeveloped. It is located across from the Walmart Super Center, and Adjacent to the Baymont Inn.

Property is Zoned CC in Jacksonville's most recent zoning update.

Owner is in receipt of a clean Phase 1 Environmental Assessment.

Additional Details

Nearest MSA: Jacksonville
County: Onslow
Tax ID/APN: 438706384145
Zoning: CC
Property Located Between: Western Blvd and Parkwood Drive
Property Visibility: Excellent
Legal Description: Parkwood Dr
Largest Nearby Street: Highway 17
Feet of Frontage: 563
Highway Access: From Parkwood Drive
Site Description: Flat Site with buildings on it.
Area Description: Heart of Jacksonville Retail Trade area.
Lot Frontage: 563
Lot Depth: 524
Zoning Description: To provide convenient shopping facilities primarily of necessity goods and personal services required to serve a neighborhood.
Topography: Level
Easements: Pipelines, Electric Lines, Utilities
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,433 51,527 84,017
Median Age: 27.83 28.42 27.16
Households: 538 19,820 29,422
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