Hotel Site For Sale

Vacant Land for Sale
Catylist Listing ID: 30171440
Property Subtypes: Hospitality
Gross Land Area: 2 - 3 Acres
Sale Price: $700,000 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/18/2018

Overview / Comments

Situated within The Pointe at Barclay, a mixed-use master planned development consisting of retail, office, and multi-family components located in Midtown Wilmington. Site and trade area approved by Marriott International for Springhill Suites and Courtyard flags. Offsite regional storm water pond serves the property. Walkable to numerous restaurants and retail amenities. Conveniently located near shopping and retail amenities numerous office parks, regional hospital (NHRMC) and downtown Wilmington.

Site plan to be mutually agreed to by Buyer and Seller during Due Diligence.

Attachments & Media

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: WM
Tax ID/APN: R06500-003-031-000
Zoning: RB
Property Visibility: Excellent
Largest Nearby Street: Independence Blvd.
Site Description: Traffic counts of 14,000 on Independence, 18,000 on S. 17th Street and 24,000 on Carolina Beach Road (NCDOT - 2015). Site dimensions are flexible, but approximately 400 x 400 (+/-)
Zoning Description: Regional Business (RB) City of Wilmington
Part of Planned Development?: Yes
Development Name: The Pointe at Barclay
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,223 58,132 129,505
Median Age: 41.5 39.59 37.15
Households: 3,904 25,960 55,962
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