Townhome Land For Sale

Vacant Land for Sale
Catylist Listing ID: 30674595
Property Subtypes: Mobile Home Park, Multi-Family
Gross Land Area: 1.28 Acres
Sale Price: $425,000
Unit Price: $332,031 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/17/2021

Overview / Comments

Part of the originally planned Trolley Run townhome development this pared down version offers 1.28+/- acres of Multifamily zoned land.

Preliminary plans for 4 duplex sites

Just off of Oleander Drive with walkability to The Arboretum, Wrightsville Beach Brewery and The Saltworks!

Lot is a mixture of cleared and sparsely wooded area.

Terrain is predominantly flat

Water/Sewer available on site

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R06207-006-005-000
Property Located Between: Oleander Drive & Park Avenue
Property Visibility: Excellent
Legal Description: PT 212 PT 213 SEAGATE; PT LTS 210/211 SEAGATE
Largest Nearby Street: Oleander Drive
Feet of Frontage: 146
Airports: ILM
Area Description: Seagate Community surrounded by dense residential and adjacent commercial fronting Oleander Drive
Lot Frontage: 146'
Lot Depth: 270'
Zoning Description: MF - Low Density
Topography: Level
Soil Type: Sandy
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,554 50,942 118,162
Median Age: 37.23 36.65 37.17
Households: 4,022 20,982 50,726
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