31 acres Residential Development minutes from Surf City Bridge

Vacant Land for Sale
Catylist Listing ID: 30294879
Property Subtypes: Residential (Single Family)
Gross Land Area: 31.61 Acres
Sale Price: $869,275
Unit Price: $27,500 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/13/2019

Overview / Comments

This 31.61 acre property is the perfect opportunity for a residential developer to build a community with approximately in the rapidly growing surf city area. Water and sewer is available from the Town of Surf City. Only one mile to restaurants and shops and three miles to the beaches of Topsail Island. This location is in high demand and homes will be in the highly regarded Topsail School District. The land is within a mile from the new Topsail elementary and middle schools. An explosion of commercial development is taking place in this hot spot, featuring names such as Publix, Dunkin Donuts, WalMart Neighborhood Market, Sherwin Williams, CVS, and more along with a long list of local restaurants, retail, medical, service, and entertainment establishments. This parcel is just past the existing Poplar Branch subdivision, which was developed and built out just a few years ago with home prices in the mid to high $200k's. About 3 miles from this site, a brand new high rise bridge crosses the Intracoastal Waterway and makes for a smooth and fast commute to the beautiful and nostalgic Topsail Island.

Additional Details

Nearest MSA: Wilmington
County: Pender
Taxing Authority: Topsail
Tax ID/APN: 4236-63-1302-0000
Zoning: R-20
Property Located Between: Mill Creek Rd, Kirk Cirlce
Property Visibility: Good
Legal Description: TR 5 PB 10/94 EDENS DIVISION ON N/S 1588 CAMPER ON SITE
Largest Nearby Street: Mill Creek
Feet of Frontage: 600
Lot Frontage: 600
Lot Depth: 1043
Zoning Description: R-20
Available Utilities: Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,218 2,684 11,216
Median Age: 40 42.26 41.16
Households: 519 1,211 4,495


Photograph of Listing Agent

Kenneth Fisher, III

RE/MAX Essential NCCMLS Member
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