1.68 acre Hard Corner HWY 421 and Independence Blvd

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 29980639
Property Subtypes: Office, Retail, Retail-Pad
Status: Pending
Gross Land Area: 1.68 Acres
Sale Price: $1,200,000
Unit Price: $714,285 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/8/2021

Overview / Comments

This 1.68 acre Hard Corner sits at the North East Corner of the Intersection of Carolina Beach Road and Independence Blvd. There is access per deed to use the storm water pond. Roughly 1.13 acres +/- are build able as the stormwater pond is using .49 acres. Utilities are at the property and are accessible. Access is internal no direct access to Carolina Beach Road or Independence Blvd.

This property sits at a hard corner in the hub of new development in the area, back by a grocery anchored center, this property is a prime development opportunity for a owner occupier or developer.

Deed Restrictions are in place as per use on the property. Those can be disclosed as part of the due diligence process. Close to River Lights, The Point at Barclay, Echo Farms and The Port of Wilmington. This site is a serious contender.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover County / City of Wilmington
Tax ID/APN: R06515-003-022-000
Zoning: CB
Property Located Between: Independence and Carolina Beach Road
Property Visibility: Excellent
Largest Nearby Street: Hwy 421 / Independence Blvd
Feet of Frontage: 250
Traffic/Vehicle Count: 30,000
Highway Access: From the interior of the center to highway 421.
Site Description: Ready to clear, grade and go
Area Description: Development Hub of the middle of the City/County
Zoning Description: CB
Topography: Level
Easements: Pipelines, Ingress/Egress, Utilities
Easements Description: Shared access from CB and Independence to the site. Stormwater
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,467 52,963 122,970
Median Age: 42.37 39.77 37.16
Households: 3,418 23,764 53,020
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