Rocky Point Development Tract

Vacant Land for Sale
Catylist Listing ID: 30280606
Property Subtypes: Agricultural, Residential (Single Family)
Gross Land Area: 95.95 Acres
Sale Price: $599,000
Unit Price: $6,242 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/19/2019

Overview / Comments

Great opportunity to develop a parcel in rapidly growing Pender County

Parcel is anticipated to have a very good Lot yield for the area after a review of public soils/wetlands maps

The regularly shaped parcel sits on Shaw Highway and has Lillington Lane running its entire length! Making access for development very easy. Also includes some interior roads and cleared areas as well.

Parcel appears to have over 900 ft on Shaw Highway and about 4,400 ft on Lillington Lane

Other projects are springing up in the immediate vicinity and proving successful
Seller is willing to work sales price to revolve around Lot yield so a developer can approach the project with little risk.

Additional Details

Nearest MSA: Wilmington
County: Pender
Tax ID/APN: 3257-86-6893-0000
Zoning: RA
Property Located Between: Hampstead and Rocky Point proper
Property Visibility: Excellent
Legal Description: 95.95 AC E/S 1520 MAP 18/30 TR 103 SHAW HWY
Largest Nearby Street: Shaw Highway
Highway Access: Shaw Highway
Lot Frontage: ~900
Lot Depth: ~4,400
Easements: Ingress/Egress
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 5 miles
Total Population: 6,562
Median Age: 39.51
Households: 2,436


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