1.15 Acre Parcel in Magnolia Village For Sale

Vacant Land for Sale
Catylist Listing ID: 29900009
Gross Land Area: 1.15 Acres
Sale Price: $495,000
Unit Price: $430,434 Per Acre
Sale Terms: Cash to Seller, Other
Last Updated: 10/14/2020

Overview / Comments

Magnolia Village is a regional shopping destination across the Cape Fear River from historic Wilmington, NC. Ideally located at the entrance to Magnolia Greens Golf Plantation and across the street from the new Super Walmart. 13,000 homes are being developed within 5 miles. The site already includes a new 100-room hotel, Walgreen's, restaurant, and professional and medical offices. Situated at the stoplight-controlled intersection of Grandiflora Drive and US Hwy 17, this property has high traffic counts and excellent visibility. The owner will consider a land lease and a build-to-suit. The 1.15 acre tract includes common area drive aisles with additional parking stalls for this site. An approximate 16,000 sf building can be constructed on the site. (see Attached conceptual site plan)

DIRECTIONS: From Wilmington, take Hwy 17 South to the entrance to Magnolia Greens Golf Plantation. Turn onto Grandiflora Drive.

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Tax ID/APN: 20157260
Site Description: IN CITY LIMITS: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,849 15,657 26,227
Median Age: 48.69 38.91 39.12
Households: 2,102 6,467 10,717
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