3.34 developable acres across from Riverfront Park

Vacant Land for Sale
Catylist Listing ID: 30745612
Property Subtypes: Hospitality, Industrial, Multi-Family, Retail, Retail-Pad, Vacation/Resort
Gross Land Area: 3.34 Acres
Sale Price: $5,000,000
Unit Price: $1,497,005 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/24/2022

Overview / Comments

3.34 acres on the Northeast Cape Fear River directly across from the new Riverfront Park. Approximately 521 feet of Northeast Cape Fear River front and approximately 531 feet of Point Harbor Rd footage that connects to US HWY421N. Build your next signature housing project on the riverfront. Adjacent parcel also available for a total of 6 acres of development property

Enjoy some of the best views Wilmington has to offer – the Wilmington Riverwalk, restaurants, USS North Carolina Battleship and its wonderful growing skyline. Only 10 minutes from downtown Wilmington where you can enjoy fine dining, festivals, concerts- indoor and outdoor, carriage rides, historic home tours , and shopping. Cross the river to enjoy classes at Cape Fear Community College and its cultural activities. This location also enjoys close proximity to Leland and its shopping opportunities. A 2 hour drive to Raleigh or Myrtle Beach for more exploring.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: City of Wilmington, New Hanover County
Tax ID/APN: R04700-003-004-000
Property Visibility: Excellent
Largest Nearby Street: US HWY 421N
Highway Access: Property on Point Harbor Rd connecting directly to US HWY421N with Immediate access to US Interstate I-140
Airports: ILM approximately 10 minutes away
Site Description: 3.34 Acres by survey done in 2013 with approximately 520 feet of Water Frontage ready for the next building complex. This across the NE Cape Fear River directly from the new Riverfront Park and new Marina. Currently used as HQ for a Maritime based construction company with temporary buildings ready to be removed
Lot Frontage: 521 feet water frontage on NE Cape Fear River and 531 feet on Point Harbor Rd
Zoning Description: Industrial (I-2)
In Flood Plain?: Yes
Available Utilities: Electric
Water Service: None
Sewer Type: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,631 31,642 93,682
Median Age: 38.41 36.76 36.68
Households: 1,418 13,946 42,007


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