Multi-family, Commercial, Business Development, Residential

Vacant Land for Sale
Catylist Listing ID: 30185500
Property Subtypes: Multi-Family, Residential (Single Family), Other
Gross Land Area: 15,510 SF
Sale Price: $65,500
Unit Price: $4.22 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/2/2020

Overview / Comments

Real Estate Development Opportunity. Zoning R-5. 94' x 165' lot. 0.35 Acres. Special use permits might convey. New buyer would be required to file a permit application with City/County. Could be used for multi-family building(s). Great investment opportunity near the Brooklyn Arts District. Land only. Zoned R-5.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R04814-026-001-000
Zoning: R-5
Property Visibility: Excellent
Legal Description: SE 2 NE 3 BLK 212
Largest Nearby Street: Market Street
Lot Frontage: 94
Lot Depth: 165
Zoning Description: R-5 Multi-family
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,012 42,400 110,909
Median Age: 35.76 36.05 35.75
Households: 4,982 19,380 47,231
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