Beautiful Burgaw, NC Estate with 144 Acres of Development Potential

Vacant Land for Sale
Catylist Listing ID: 30619039
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 13 - 144 Acres
Sale Price: $300,000 - 1,760,000
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 2/23/2021

Overview / Comments

This is a combo listing that includes three parcels with two homes and a total of 144 acres zoned R-20. This property as a whole has tremendous potential for development. Municipal Sewer and water are available, just need to work out the details of capacity ( Contact me for specific details).

This listing includes:

- 13 Acres with a 1940s cottage and approximately 400 feet of road frontage on U.S Highway 117 S.

-27 Acres with a beautiful custom built (2757 Square ft) home.

- 104 acres of mostly cleared land adjacent to the 27 acres.

Property has multiple easements to access the property and over 1700 feet of road frontage on I-40 and 400 feet on U.S 117 S. This could be a great live-in investment for a developer, private estate for someone looking to live off the beaten path, or a great place to park money as Burgaw, NC grows in popularity and scale.

Additional Details

Nearest MSA: Wilmington
County: Pender
Taxing Authority: Pender County & Town of Burgaw
Tax ID/APN: 3239-10-5836-0000, 3238-19-2887-0000, 3238-19-2828-0000
Zoning: R-20
Property Located Between: U.S 117 and I-40 in the Town of Burgaw
Legal Description: 104.32 AC, PB 1/100, HL JOHNSON and PORTION OF TRACT 8 & 9, 12.61AC PB 55/69 W COWAN SURVEY
Largest Nearby Street: U.S 117 and I-40
Feet of Frontage: 1,700
Highway Access: minutes to I-40 and located off U.S 117 S.
Available Utilities: Electric, Water, Sewer, Internet Access
Water Service: Municipal, Well
Sewer Type: Municipal, Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,833 7,833
Median Age: 39.44 39.44
Households: 2,809 2,809
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