1916 S 16th Street

Vacant Land for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30610742
Property Subtypes: Hospitality, Office, Retail, Retail-Pad
Gross Land Area: 0.50 Acres
Sale Price: $400,000
Unit Price: $800,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/22/2022

Overview / Comments

Drive-Thru restaurant location on a signalized intersection. Perfectly located on the signalized corner of S16th Street and Robinhood Road within 1/4 mile from New Hanover Regional Medical Center. There is roughly 0.50 acres of vacant land zoned O&I which allows for a restaurant user with a drive-thru, drug store, or office. This property offers great visibility and ease of access from 16th Street. Traffic counts for that sector of 16th Street average 24,000 cars per day.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: City of Wilmington
Tax ID/APN: R05419-008-001-000
Zoning: O&I
Property Visibility: Excellent
Largest Nearby Street: S 16th Street
Traffic/Vehicle Count: 23,298
Area Description: Near New Hanover Regional Medical Center
Lot Frontage: 145
Lot Depth: 160
Zoning Description: O&I
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Internet Access
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,253 64,655 141,287
Median Age: 41.57 36.36 36.47
Households: 5,214 29,795 60,525
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Cape Fear REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.