2505 Carolina Beach Road
Vacant Land
for Sale
Also listed as Retail-Commercial
| Catylist Listing ID: |
30651756 |
| Property Subtypes: |
Retail, Other
|
| Gross Land Area: |
1.25 Acres
|
| Sale Price: |
$625,000 |
| Unit Price: |
$500,000 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/11/2021 |
Overview / Comments
|
± 1.25 acre corner lot zoned CS, located at Carolina Beach Road and Buckingham Avenue with 2019 traffic counts over 42,000 daily (WMPO). This property is a great opportunity for complete redevelopment, or there is a 3,500-square-foot bar/restaurant that could be updated as well. Site is located near New Hanover County’s medical district and Historic Downtown Wilmington.
|
Additional Details
| Nearest MSA: |
Wilmington |
| County: |
New Hanover |
| Tax ID/APN: |
R06018-004-011-000 |
| Zoning: |
CS - COMMERCIAL SERVICE (CITY OF WILMINGTON) |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,617 |
52,866 |
131,644 |
| Median Age: |
37.14 |
37.72 |
36.52 |
| Households: |
3,708 |
24,661 |
56,521 |
|
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