4 Lots on Carolina Beach Road - 200 Feet of Frontage

Vacant Land for Sale
Catylist Listing ID: 30632864
Property Subtypes: Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 0.64 Acres
Sale Price: $800,000
Unit Price: $1,250,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/7/2020

Overview / Comments

These four lots on Carolina Beach Road / Highway 421 are zoned Community Business allowing for a wide range of uses from Retail to Office to MF under a CDMU zoning.

The property has 200ft of frontage +/- on Carolina Beach Road and is 150ft deep +/-.

Water and Sewer are available as is Natural Gas.

The property is near the Port of Wilmington, Greenfield Lake park, Greenfield Lake Amphitheater, Legion Stadium.

Traffic counts on the road are 41,297.

This site is highly visible. NC DOT Plans to place a stop light at the corner of Tennessee and Carolina Beach Road, which will better enhance traffic flow for the property and local area.

Attachments & Media

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R06009-005-019-000
Zoning: CB
Property Located Between: Tennesse Ave and Northern Ave
Property Visibility: Excellent
Legal Description: 4 lots of .17 acres each +/-
Largest Nearby Street: Carolina Beach Rd
Feet of Frontage: 200
Traffic/Vehicle Count: 41,297
Highway Access: Direct
Airports: ILM
Site Description: Vacant Land
Area Description: Sunset Park / Greenfield Lake Area
Lot Frontage: 200
Lot Depth: 150
Zoning Description: CB
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,682 51,372 121,301
Median Age: 41.4 37.41 36.6
Households: 3,269 23,961 52,338
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