8 Acres - Industrial Land - Perc Test in Hand

Vacant Land for Sale
Catylist Listing ID: 30236937
Property Subtypes: Industrial, Other
Gross Land Area: 4.13 - 8.30 Acres
Sale Price: $49,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/19/2019

Overview / Comments

UPDATED 07/17/2018 - Perc Test shows preliminary support for 1,350 gallons per day septic system. That would support nearly 54 office workers.

Located just at the end of Crowatan Rd on David Court. Property just before this has built a two story office building about 10,000 SF There are two parcels of land about 4 acres each , I-1 lite industrial tract of land with 4.13 Acres. The land is located in Castle Hayne near the on/off ramp of I-140 just at the end of Crowatan Rd on David Court. Directly across fro GE. take Hermitage Road to Crowatan Road make a right, Centrally located in New Hanover County with easy access to I-140, Brunswick and Pender and Counties.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover
Tax ID/APN: R02500-002-032-000
Property Located Between: Crowatan Road and Hermitage Road
Property Visibility: Good
Largest Nearby Street: Castle Hayne Road
Feet of Frontage: 775
Traffic/Vehicle Count: 13,000
Highway Access: HWY 140, US 17
Airports: Wilmington International Airport
Site Description: 8 acres of industrial land with site perk for large shared septic field for two parcels.
Area Description: Near GE and the foot of the I-140 bypass on ramp at Castle Hayne Road New Hanover County. 20 minutes to port
Lot Frontage: 775
Lot Depth: 813
Zoning Description: The I- 2 Industrial District is established as a heavy industrial zone to provide for a variety of industrial uses which frequently require large storage areas and no minimum lot size. The I-2 Heavy Industrial district is established to protect public health, safety, comfort, convenience and the general welfare and to protect the economic base of the City as well as the value of real estate, by regulating industrial development in appropriate locations. This district is suitable for areas guided to industrial development in the Comprehensive Plan.
Development Name: Long Family Properties
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,584 14,511 44,626
Median Age: 41.06 37.85 35.01
Households: 628 5,438 17,998
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