Heirs of Blanche Lewis

Vacant Land for Sale
Catylist Listing ID: 30787878
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family)
Gross Land Area: 5.60 Acres
Sale Price: $646,800
Unit Price: $115,500 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/19/2022

Overview / Comments

Parcel is 5.6 acres with road frontage on Yvonne Rd. Located between two parcels owned by CFPUA for water wells. This 5.6 acres adjoins a 17.86 acre tract with road frontage located on Plantation. Purchase both listings for development and you will have two road front entrances. Purchase the 5.78 Acres across the road for more development. Property is currently zoned R-15 but County has just re-zoned some lands in Greenview Ranches for Commercial. Up and coming community once Military Cutoff Rd. Extension is completed. You should purchase now and start development so you will be ready once Military Cutoff Rd. Ext. opens. CFPUA maintains Yvonne Rd. so east to see this listing and easy to develop with gravel roadway. Easy access to I-140 and I-40.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover County
Tax ID/APN: R02800-004-021-000
Zoning: R-15
Property Located Between: Market Street Hwy 17 North and I-140 from Murrayville to Porters Neck
Property Visibility: Fair
Legal Description: Lot 64 Section 2 Greenview Ranches
Largest Nearby Street: Market Street North
Highway Access: Market Street to Greenview Dr. Turn right on Greenview Dr., Turn left on Yvonne Rd. Property will be on the left just before you get to the corner of Yvonne Rd and Plantation Rd. parcel is adjoining the CFPUA water well.
Site Description: Raw land. No studies done on the land.
Area Description: Parcel is 5.6 acres with road frontage on Yvonne Rd. Located between two parcels owned by CFPUA for water wells. This 5.6 acres adjoins a 17.86 acre tract with road frontage located on Plantation. Purchase both listings for development and you will have two road front entrances. Purchase the 5.78 Acres across the road for more development. Property is currently zoned R-15 but County has just re-zoned some lands in Greenview Ranches for Commercial. Up and coming community once Military Cutoff Rd. Extension is completed. You should purchase now and start development so you will be ready once Military Cutoff Rd. Ext. opens. CFPUA maintains Yvonne Rd. so east to see this listing and easy to develop with gravel roadway. Easy access to I-140 and I-40.
Lot Frontage: 532'
Zoning Description: R-15 Buyer to rezone if necessary.
Development Name: Greenview Ranches
Easements: Ingress/Egress, Utilities
Easements Description: Recorded Plat shows 30' Right of Way on each North-South Property Lines on all parcels in Greenview Ranches. Recorded Plat show a 10' Easement for Drainage on the East- West Property lines.
Available Utilities: Electric
Water Service: None
Sewer Type: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,344 33,385 70,385
Median Age: 33 39.35 37.52
Households: 606 13,490 30,032

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