Large Acreage Parcel
Vacant Land
for Sale
| Catylist Listing ID: |
30667075 |
| Property Subtypes: |
Multi-Family, Residential (Single Family)
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| Gross Land Area: |
7.70 Acres
|
| Sale Price: |
$499,000 |
| Unit Price: |
$64,805 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/17/2020 |
Overview / Comments
Great inner City development tracts, Two tracts sold together with a total of 7.7 develop-able acres. Under the current zoning, R-5 could result in 60 plus lots. Tracts are surrounded by single family developments. No survey available just tax maps.
Sale subject to NCGS 46 including 10 day upset bid and 15 day partition. This is a commissioner sale by partition.
|
Additional Details
| Nearest MSA: |
Wilmington |
| County: |
New Hanover |
| Tax ID/APN: |
R04909006001001 & R04909006010000 |
| Zoning: |
R-5 |
| Property Visibility: |
Good |
| Legal Description: |
(2.57 Acres) PT Gore & (5.13 Acres) PT Gore |
| Largest Nearby Street: |
Princess Place Dr |
| Zoning Description: |
R-5 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,961 |
70,814 |
126,685 |
| Median Age: |
28.87 |
33.69 |
36.24 |
| Households: |
3,863 |
30,652 |
54,265 |
|
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