8-acre High Visibility Development Tract | Tract 1 | Richlands HWY

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30788090
Property Subtypes: Multi-Family, Retail, Retail-Pad, Self Storage
Status: Pending
Gross Land Area: 8 Acres
Sale Price: $1,650,000
Unit Price: $206,250 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/18/2022

Overview / Comments

This listing is for a 8+/- acre tract, which would a be a subdivision of a larger 28-acre parent tract. This tract is perfect for retail or office development. Situated on HWY 258 (Richlands HWY), this site is just 40 minutes to Wilmington and 10 minutes to the Camp Lejeune Main Gate. Traffic counts above 30,000 VPD and the rapidly growing greater Jacksonville area make this a great site. The property features a well- defined wetland boundary to the rear, and has water, sewer, electric, and gas utilities all running along the road frontage.

Buyer would be responsible for the subdivision of the tract, as well as associated costs imposed by governing authorities.

Entire 28.66+/- acre tract is also available for sale for $4,500,000.

Additional Details

Nearest MSA: Jacksonville
County: Onslow
Tax ID/APN: 029801
Zoning: B1
Property Located Between: HWY 24 & HWY 17
Property Visibility: Excellent
Largest Nearby Street: HYW 258 (Richlands HWY)
Traffic/Vehicle Count: 30,000
Zoning Description: B1
Topography: Level
Easements: Electric Lines, Utilities
Available Utilities: Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,703 28,571 65,464
Median Age: 24.79 29.29 27.95
Households: 1,125 10,613 22,780
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