B-1 Retail or Warehouse

Vacant Land for Sale
Catylist Listing ID: 30318998
Property Subtypes: Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 1.99 Acres
Sale Price: $149,500
Unit Price: $75,125 Per Acre
Sale Terms: Cash to Seller, Sale/Leaseback, Other
Cap Rate: Undisclosed
Last Updated: 12/6/2018

Overview / Comments

Newly Acquired property puts all the pieces together:
B-1 Conditional Use Property across from ILM Airport.
Uses include: retail, restaurant, office, flex, warehouse, storage.
Property has engineered plans for an over 4000 sq.ft. building with parking. (Additional area available for building expansion).
Wetlands identified with pending completed JD paperwork.
Septic system approval with additional area for expansion to system (if needed).

Secure purchase price now!

On going land improvements will continue to push a higher price as value components are added and completed.

Sale preferred but will build to suit.

Attachments & Media

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: City of Wilmington
Tax ID/APN: RO4100-003-004-000
Zoning: B-1 (CD)
Property Located Between: Martin Luther Pkwy and HWY 133 (Castle Hayne Rd)
Property Visibility: Excellent
Legal Description: 1.99 Acres (c) PT Cromwell Cape Fear
Largest Nearby Street: 23RD St
Feet of Frontage: 196
Traffic/Vehicle Count: 20,000
Airports: ILM
Site Description: Wooded lot with great visibility
Area Description: Busy thoroughfare and juxtaposition to ILM airport.
Lot Frontage: 196
Lot Depth: 452
Zoning Description: (CD) B-1
Topography: Gently Sloping
Easements: Utilities, Environmental
Soil Type: Mixed
Available Utilities: Electric, Water, Cable, Broadband, Internet Access, Other
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,001 40,989 100,827
Median Age: 41.65 33.18 34.55
Households: 660 18,504 42,979
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