Catylist Listing ID: 30562515
Property Subtypes: Multi-Family, Residential (Single Family), Self Storage, Other
Gross Land Area: 7.29 Acres
Sale Price: $749,000
Unit Price: $102,743 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/17/2020

Overview / Comments

The property is being sold AS IS/WHERE IS.
This property is the only B-2 zoning in this area of Castle Hayne Road, all the surrounding properties are residential. This would be a perfect site for a new residential subdivision. The property fronts on a small creek which is the north property line and the property runs to the center of the creek. There is also a retention pond on the back of the property. The entrance is paved and there is a cleared path to the buildings. The property is fenced and there is a gate which is locked so no vehicles can enter the property. There is a open area that can be walked through to get to the property.
The property was the old Carolina Pork Processing Facility and there are several buildings on the property. The buildings are dilapidated and need to be demolished and they add no value to the land.
DO NOT ENTER THE BUILDINGS - THE OWNER NOR THE LISTING COMPANY WILL BE LIABLE OR RESPONSIBLE FOR ANY INJURY ON THIS PROPERTY.!

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover
Tax ID/APN: R01800-001-002-000
Zoning: B-2
Property Located Between: Castle Hayne and Wrghtsboro
Property Visibility: Excellent
Legal Description: Property is zoned B-2 but could be rezoned to residential. The surrounding properties are zoned residential.
Largest Nearby Street: Castle Hayne Road/NC-132
Feet of Frontage: 850
Highway Access: NC-132 -
Airports: ILM
Site Description: Old Carolina Pork Processing Faculty. There are several buildings on the site that are dilapidated and need to be demolished. The land is beautiful and is next to a small creek. On the back of the property is a retention pond. There is over 800 feet of road frontage on Castle Hayne Road.
Area Description: The surrounding properties are residential
Lot Frontage: 850
Zoning Description: Zoning is B-2 and this is the only B-2 in this area. The property could be rezoned to residential. All the surrounding properties are residential.
Topography: Gently Sloping
Available Utilities: Electric, Cable, Internet Access
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,606 6,162 32,563
Median Age: 34.13 35.62 36.57
Households: 462 2,326 12,794

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