.32 +/- AC Commercial Land For Sale - Wilmington

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30465095
Property Subtypes: Retail, Retail-Pad, Other
Status: Pending
Gross Land Area: 0.32 Acres
Sale Price: $150,000
Unit Price: $468,750 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2020

Overview / Comments

Located in the heart of development in northern New Hanover County, 0.32 +/- Acres on Middle Sound Loop Road just across from the new Publix anchored shopping center

B-2 zoning allows for highway-centric commercial user such as restaurants, vehicle dealerships or convenience store. Surrounded by commercial eliminating need for residential setbacks

Right-in, Right-out access on Middle Sound Loop Road to stoplight at Highway 17.

12,000+ cars per day pass this property with line of sight to 56,000+ along Highway 17

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R04410-001-001-000
Zoning: B-2 BUSINESS DISTRICT
Property Located Between: Ogden & Porters Neck
Property Visibility: Excellent
Legal Description: PT TR 14 ODGEN PLACE
Largest Nearby Street: Market
Traffic/Vehicle Count: 12,000
Airports: ILM
Site Description: Wooded with slight topography
Area Description: Booming residential and commercial submarket of Wilmington.
Lot Frontage: 80'
Lot Depth: 200'
Zoning Description: The purpose of this district shall be to provide for the proper grouping and development of roadside business uses which will best accommodate the needs of the motoring public and businesses demanding high volume traffic. The district's principal means of ingress and egress shall be along collector roads, minor arterials, and/or major arterials as designated on the County's Thoroughfare Classification Plan. (8/4/86) No B-2 District shall be less than five (5) acres in area
Topography: Level
Easements: Utilities
Soil Type: Sandy
Available Utilities: Electric, Water, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,044 40,326 95,334
Median Age: 36.19 39.07 36.19
Households: 4,042 16,803 39,874
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