Catylist Listing ID: 30704854
Property Subtypes: Multi-Family, Residential (Single Family), Self Storage, Other
Gross Land Area: 7 - 7.29 Acres
Sale Price: $699,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/6/2021

Overview / Comments

This property is being sold AS IS/WHERE IS.
The property was the old Carolina Pork Processing Facility and there are several old building on the property that need to be demolished and they have no value.
This property is the only B-2 zoning in this area of Castle Hayne Road and there is a possibility of rezoned for residential development. All the surrounding properties are residential with a large subdivision backing up to the property.
The property fronts on a small creek, which is the north property line and the property runs to the center of the creek. It also fronts on Castle Hayne Road. There is a paved entrance but the entire property is fenced and the fence is locked so no vehicles can enter. The is an opening in the fence/gate that can be used to enter the property on foot.
The buildings on the property are dilapidated and should not be entered.
DO NOT ENTER THE BUILDINGS - THE OWNER NOR GMC REAL ESTATE WILL BE LIABLE OR RESPONSIBLE FOR ANY INJURY ON THIS PROPERTY.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover
Tax ID/APN: R01800-001-002-000
Zoning: B-2
Property Located Between: Castle Hayne and Wrghtsboro
Property Visibility: Excellent
Legal Description: PT TR5-7 Harmitage Estate Zoning B-2 in New Hanover County
Largest Nearby Street: Castle Hayne Road/NC-132
Feet of Frontage: 850
Highway Access: Curb cut to Castle Hayne Road and I-40 is least than 9 miles from the property.
Airports: ILM
Site Description: Old Carolina Pork Processing Faculty and the property is fences. The property is partially wooded and over grown. There is a creek and retention pond on the property.
Area Description: The property is in an area of Castle Hayne Road that is mostly residential and rural.
Lot Frontage: 850
Zoning Description: B-2 zoning and it is on the only property in this area of Castle Hayne Road that has the B-2 zoning.
Topography: Gently Sloping
Soil Type: Other
Available Utilities: Electric, Water, Cable, Internet Access
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,606 6,162 32,563
Median Age: 34.13 35.62 36.57
Households: 462 2,326 12,794

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