8 Acres- Industrial Land-54 Worker Perc Test in Hand

Vacant Land for Sale
Catylist Listing ID: 30718740
Property Subtypes: Industrial, Other
Gross Land Area: 4.13 - 8.30 Acres
Sale Price: $59,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/14/2021

Overview / Comments

Property PERKS

Located in Castle Hayne just down from GE Perc Test shows preliminary support for 1,350 gallons per day septic system. That would support nearly 54 office workers.

Located at dead end of Crowatan Road on David Court. Property just before this has built a two story office building about 20,000 SF.

There are two I-1 Industrial vacant parcels of land about 4 acres each. Owner would like to sell as one tract. However, if separated there would be an easement on the back tract to use the septic field allowing 25 employees per tract.

The land is located in Castle Hayne just off the corner of Hermitage Road and Crowatan Road, as well as great highway access to I-140 off ramp by GE. Take Hermitage Road to Crowatan Road make a right.

Centrally located in New Hanover County with easy access to I-140, Brunswick and Pender Counties.

Tract A is 4.13 acres +/-
Tract B is 4.17 acres +/-

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover
Tax ID/APN: R02500-002-032-000
Zoning: I-1-INDUSTRIAL DISTRICT
Property Located Between: Crowatan Road and Hermitage Road
Legal Description: (4.13A)TRACT A CROWATAN PTNRP PT BLUE COVE (4.17)TRACT B CROWATAN PTNRP PT BLUE COVE
Largest Nearby Street: Castle Hayne Road
Feet of Frontage: 775
Traffic/Vehicle Count: 13,000
Highway Access: Highway 140 & US 17
Airports: Wilmington International Airport (ILM)
Lot Frontage: 775
Lot Depth: 813
Zoning Description: I-1 - Industrial District- The purpose of the Light Industrial (I-1) District is to provide lands to accommodate light industrial development and associated operations, including assembly, fabrication, packaging, and transport, where operations are conducted primarily indoors and where suitable sites are served by rail, a waterway, and/or a highway transportation system as well as readily available utilities. I-1 districts are intended to support the development of commerce and employment clusters as recommended in the Comprehensive Plan. Heavy industrial uses in which raw materials are converted into products for subsequent assembly or fabrication or where uses create an excessive amount of noise, odor, smoke, dust, airborne debris, or other objectionable characteristics that might be detrimental to surrounding areas are not appropriate in the I-1 district.
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,584 14,511 44,626
Median Age: 41.06 37.85 35.01
Households: 628 5,438 17,998
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