2505 Carolina Beach Road

Vacant Land for Sale
Sale Pending
Also listed as Retail-Commercial
Catylist Listing ID: 30651756
Property Subtypes: Retail, Other
Status: Pending
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: 4/12/2021

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

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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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