58.71 Acres on Cape Fear River
Vacant Land
for Sale
| Catylist Listing ID: |
30545374 |
| Property Subtypes: |
Industrial, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Other
|
| Building Status: |
Proposed |
| Gross Land Area: |
58.71 Acres
|
| Sale Price: |
$6,550,000 |
| Unit Price: |
$111,565 Per Acre |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
10/15/2021 |
Overview / Comments
|
58.71 acres total (2 separate parcels) deeded along the Cape Fear River within the Federally Designated Economic Opportunity Zone. This property is adjacent to the recently sold former Rampage Boat Factory. Deeded highway access along Cedar Hill Road and Quality Drive close to the Cape Fear bridge and I-140 bypass. Several hundred feet of Cape Fear River front with deep water access and grandfathered in dock access that can be restored. Within eyesight of the port of Wilmington. CSX Rail on the property with right of way and spur leases maintained. This property is well suited for a light manufacturing facility or with the establishment of an appropriate buffer zone a small housing development. Quick access to downtown Wilmington and ILM Airport (less than 15 minute drive)
|
Additional Details
| Nearest MSA: |
Myrtle Beach-Conway-North Myrtle Beach |
| County: |
Brunswick |
| Taxing Authority: |
Brunswick County and Town of Navassa |
| Tax ID/APN: |
Parcel1 03000006 and Parcel2 0240000308 |
| Zoning: |
NA-HI |
| Property Located Between: |
Boarders both Cedar Hill Road and Quality Drive |
| Legal Description: |
See tax documents |
| Highway Access: |
Approximately 377 feet of deed property, parcel#2, access on Cedar Hill Road for construction of property access roadway |
| Rail Access: |
Yes |
| Airports: |
ILM approx 20 minutes away |
| Easements Description: |
CSX Railway at edge of property bordering Quality Drive |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,338 |
12,286 |
46,242 |
| Median Age: |
36.1 |
40.8 |
38.51 |
| Households: |
895 |
5,064 |
19,888 |
|
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