Development Opportunity - .88 Acres on Carolina Beach Rd.

Vacant Land for Sale
Catylist Listing ID: 30610973
Property Subtypes: Hospitality, Office, Retail, Other
Gross Land Area: 0.88 Acres
Sale Price: $395,000
Unit Price: $448,863 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/10/2022

Overview / Comments

This level lot is ideally located on the corner of Sunnyvale Dr and Carolina Beach Rd ( HWY 421 S) it is located 4 miles from down town Wilmington. The traffic light has been confirmed to be permanent by DOT. Only 2 miles to the Wilmington Port. This is partially wooded and would be ideal for automotive, storage, convenience store, office building or small strip center. Close to the Forks Shopping Center and Independence Blvd.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: City of Wilmington
Tax ID/APN: R06515-001-016-000
Zoning: CB
Property Visibility: Excellent
Legal Description: LOTS 1 & 2 SUNNYVALE - BK 600 PG 692
Largest Nearby Street: Carolina Beach Rd.
Feet of Frontage: 170
Traffic/Vehicle Count: 33,500
Area Description: 60 day inspection period
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,379 55,297 130,174
Median Age: 39.93 39.62 36.81
Households: 3,131 24,906 55,871

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