+/- 37.28 Acres For Sale

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30765380
Property Subtypes: Industrial
Status: Pending
Gross Land Area: 37.28 Acres
Sale Price: $1,800,000
Unit Price: $48,283 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/12/2021

Overview / Comments

± 38 acre river front tract with approximately ± 24.5 acres of uplands (based on a 2010 study). The entire parcel is zoned I-2 (Heavy Industrial) by New Hanover County. There are no existing structures on the property. Subject features potential deep water access along with CSX rail. The property is located just west of downtown Wilmington and within close proximity to I-140.

20 Year Non-Compete Clause: Seller will convey title to the Property or Buyer by a special or limited warranty deed, subject to restriction that for a period of twenty (20) years following conveyance, the Property may not be used for the sale or distribution of agricultural chemicals, seed, or fertilizer.

Attachments & Media

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R04000-003-006-000
Zoning: I-2 (NEW HANOVER)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 341 21,109 78,377
Median Age: 47.37 36.6 35.56
Households: 183 8,961 35,358


Photograph of Listing Agent

Charlie Rivenbark, Jr

Cape Fear Commercial, LLC NCCMLS Member
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