Catylist ID:
#30199823
| Catylist Listing ID: | 30199823 |
| Property Subtypes: | Mobile Home Park, Multi-Family, Residential (Single Family) |
| Gross Land Area: | 41.29 Acres |
| Sale Price: | $1,100,000 |
| Unit Price: | $26,640 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 10/19/2018 |
Overview / Comments
|
This 41.29 acre tract of land is located just off the Mt. Misery Road exit in Leland NC. The Tract contains a beautiful lake and pond area. The zoning of R-6000 allows for up to a potential of 299 units on a estimated 20 Usable acres. The site abuts the Leland Shopping Center which is anchored by Food Lion with a easement to the Food Lion center it makes for an easy point of access for grocery and other items for potential future residents. This is a great development opportunity as the cost per lot has be placed at $6,350 per lot based on a change to R-10 Zoning. Property is Currently Zoned R-6000. Additionally adjacent parcels are available for purchaser to expand the development. Sellers will have in hand by the end of February a Phase I, a Wetlands Determination, an updated Survey and Soils analysis. There is a gate on the property please call for showing(s). This is a perfect tract of land for a starter home community. |
Attachments & Media
Additional Details
| Nearest MSA: | Myrtle Beach-Conway-North Myrtle Beach |
| County: | Brunswick |
| Tax ID/APN: | 02900004 |
| Zoning: | R6000 |
| Property Located Between: | Mt Misery Exit and I-140 Bypass. |
| Property Visibility: | Good |
| Legal Description: | 41.29 Acres |
| Largest Nearby Street: | Mt. Misery Road / 74 -76 |
| Highway Access: | Nearby access to Highway 74 or I140 via on ramps. |
| Airports: | ILM |
| Site Description: | Gentle topography, two large lakes and a stream. Wetlands have been delineated. Approximately 21-22 +/- Usable acres. Water and Sewer are in the Road at Mount Misery. |
| Area Description: | West Leland Area. located in-between the I-140 Bypass off ramps on 74/76 and Mount Misery Road. This Site is well positioned for easy access to Downtown Wilmington or to skirt the entire city and head to Raleigh or Myrtle Beach by accessing the bypass. |
| Zoning Description: | R-6000 |
| In Flood Plain?: | Yes |
| Topography: | Gently Sloping |
| Easements: | Ingress/Egress, Utilities |
| Soil Type: | Sandy |
| Available Utilities: | Electric, Water, Gas, Sewer, Cable, Internet Access |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 15,196 | 24,572 |
| Median Age: | 38.52 | 37.37 |
| Households: | 6,213 | 9,834 |
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