2.42 Acres for Commercial Development

Vacant Land for Sale
Catylist Listing ID: 30115953
Property Subtypes: Office, Retail
Gross Land Area: 2.42 Acres
Sale Price: $1,300,000
Unit Price: $537,190 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/23/2021

Overview / Comments

Excellent O&I development opportunity
O&I Zoning in place, approved in 2016
two tax parcels included:
1.89 acres for commercial development
.53 acres for shared stormwater included. Pond complete and certified July 2019
Deceleration Turn lane from Carolina Beach Rd
Access to water, sewer, and gas provided including easements
39,541 Cars Per Day 8/1/2018 Data WMPO

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover County
Tax ID/APN: R07100-003-291-000
Zoning: O&I
Property Visibility: Excellent
Feet of Frontage: 258
Traffic/Vehicle Count: 39,541
Area Description: 1/4 mile from Walmart in Monkey Junction
Lot Frontage: 258
Lot Depth: 405
Zoning Description: O&I currently is a conditional use with the site plan submitted at the last rezoning
Development Name: Landers Place
Topography: Gently Sloping
Easements: Ingress/Egress, Utilities
Available Utilities: Electric, Water, Gas, Sewer, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,931 53,975 84,565
Median Age: 37.97 39.54 39.63
Households: 4,773 22,721 36,639


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