Riverlights Waterfront Parcels (Parcel #1)

Vacant Land for Sale
Catylist Listing ID: 30416340
Property Subtypes: Retail, Retail-Pad, Other
Gross Land Area: 0.28 Acres
Sale Price: $599,900
Unit Price: $2,142,500 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/7/2021

Overview / Comments

Four waterfront parcels available for sale in the desirable recently constructed, RiverLights community. These prime waterfront lots are ideal for retail or restaurant use.

RiverLights is a 1,400 acre master-planned community being developed by Newland Communities. The development will ultimately offer 2,290 Single family homes and 200 to 500 Multi-Family units upon complete buildout, along with numerous retail-commercial businesses.  

The parcels are fixated around the Marina Village, which is the Meeting Point for the RiverLights Community. Located right on the Cape Fear River, key tenants thus far include: Smoke on the Water, Southern Shores Craft Beer and Wine, Golf Club Indoor and the Magnolia Social Café.

Parcel #1 (0.28 acres) - $599,900
Parcel #2 (0.22 acres) - $579,900
Parcel #4 (0.27 acres) - $619,900
Parcel #5 (0.22 acres) - $599,900

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R07000-006-532-000
Zoning: R-7

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,733 26,057 88,582
Median Age: 38.03 37.35 39.71
Households: 2,388 11,776 38,799


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