I-1 Industrial Land 3.65 +/- Acres Castle Hayne

Vacant Land for Sale
Catylist Listing ID: 30551086
Property Subtypes: Industrial, Office, Self Storage, Other
Gross Land Area: 3.65 Acres
Sale Price: $59,000 Per Acre
Total Price: $215,350
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 6/16/2021

Overview / Comments

Middle of New Hanover County with access to I-140 of ramp. Great buy for I-1 Land, Owner financing available

3.65 +/- acres of industrial zoned (I-1) land. Great for lay down yard, contractors, etc. Currently wooded but trees can be sold off to pay for clearing. Located at the foot of the I-140 bypass; the Castle Hayne Road off ramp is just two blocks away. This is across from the GE Plant in an Industrial Park north of Wilmington. Parcel about 275 x 650 Total acreage is 12 acres has been sub divided into three parcels of 4 acres+/- each. Why rent when you can buy and build your new office/flex space.

Less than 1/10 miles from GE

Less than 2/10 miles to I-140 on/off Ramp on Castle Hayne with easy access to Porters Neck/Hampstead and Leland/Myrtle Beach or West on I-40. Only 7 miles to downtown Wilmington.

$59,900 per acre

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover
Tax ID/APN: R01800-007-224-000
Zoning: I-1-INDUSTRIAL DISTRICT
Property Located Between: Hermitage Road and Castle Hayne Road(133)
Legal Description: PARCEL 1 ARMSTRONG DEV/PT OF BLUE COVE
Largest Nearby Street: Castle Hayne Road (133)
Feet of Frontage: 276
Highway Access: Less than 1/4 miles to 140
Airports: 6 miles to Wilmington International Airport
Site Description: Outside of City Limits. 3.65 acres in Caste Hayne.
Area Description: Industrial Park at foot of I-140 Bypass with direct access to off/on ramp close to GE
Lot Frontage: 276 +/- feet
Lot Depth: 641 +/- feet
Zoning Description: I-1-INDUSTRIAL DISTRICT
Development Name: Castle Hayne Industrial park
Topography: Level
Easements Description: 30 ft drainage easement along rear of property 15 ft into property
Soil Type: Loam
Available Utilities: Electric
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,190 12,510 37,195
Median Age: 37.57 37.24 36.62
Households: 1,090 4,778 14,796
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