Oceanview Lot in Kure Beach

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30723322
Property Subtypes: Hospitality, Multi-Family, Residential (Single Family)
Status: Pending
Gross Land Area: 0.11 Acres
Sale Price: $575,000
Unit Price: $5,227,272 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 7/18/2021

Overview / Comments

Oceanview second-row lot in Kure Beach. The property is currently part of a boutique motel but the value is in the land. Property is located on M Ave just 100 feet from the nearest public beach access. Perfect site for oceanview townhomes/duplexes with a 35' height maximum. Seller is open to owner financing and clearing and finishing lots for a prospective buyer.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: Kure Beach
Tax ID/APN: R09213-004-011-000
Property Visibility: Excellent
Largest Nearby Street: Fort Fisher Blvd
Lot Frontage: 50
Lot Depth: 100
Topography: Level
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,481 5,877 13,979
Median Age: 53.53 46.26 46.12
Households: 666 2,685 6,150


Photograph of Listing Agent

Deans Hackney, III

Hackney & Company NCCMLS Member
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