4.9 Acres Lot 184 Greenview Ranches

Vacant Land for Sale
4.9 Acres Lot 184 Greenview Ranches
Catylist Listing ID: 30251105
Property Subtypes: Residential (Single Family), Other
Gross Land Area: 4.90 Acres
Sale Price: $425,000
Unit Price: $86,734 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/15/2020

Overview / Comments

Approximately five acres of unimproved land located at the end of Murrayville Road in Northern New Hanover County. Murrayville Road ends and a platted dirt road named Crooked Pine Road begins. This land has 470 feet of road frontage on Crooked Pine Road. No soil test have been performed on this land. Up the road there are residences on improved lands that have utilities, wells and septic systems. This land is located behind Quail Woods Subdivision which is off Murrayville Road. DOT has acquired lands in the area for the Military Cutoff Extension. Construction of the Military Extension has begun. Land would make a great estate or small subdivision. Zoned R-15. Land could possibly be rezoned for commercial. Duke Energy Northeast Project is determining the best routes for their new power lines in Greenview Ranches. There are residents with power, septic and well. NHCo has water wells located close by. Developer in the area is in the process of changing their zoning multiple housing units and some commercial may be going in. Adjacent land is being farmed. One nearby landowner has a Paintball field close by. Now is the time to purchase and hold for the future growth in the last frontier of New Hanover County.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R02700-001-004-003
Zoning: R-15
Property Located Between: Murrayville Road and I-140.
Property Visibility: Fair
Legal Description: Lot 184 Section 7 Greenview Ranches Plat Book 29 Page 39
Largest Nearby Street: Murrayville Rd.
Feet of Frontage: 470
Site Description: Unimproved land located at the end of Murrayville Rd which becomes Crooked Pines Rd. Hanover Development owns parallel land and is making plans for re-zoning for commercial and multi-housing. DOT Project R-3300A is the Military Cutoff Extension Rd that will meet up with I-140 with an exit and service road to Plantation Rd. DOT can not land lock this property so there will be access to property by Plantation Rd. and Crooked Pine Rd. Project can be seen at DOT website https://www.ncdot.gov/projects/US17HampsteadBypass . Military Cutoff Extension construction has begun.
Area Description: Property is located at the end of Murrayville Rd where the dirt road becomes Crooked Pine Rd. There are many established neighborhoods and New Home construction in the area. One nearby developer has just acquired a R-10 zoning for multiple housing units. Once Military Cutoff Extension is complete the pricing may increase in that area. Now is the time to purchase.
Lot Frontage: 470
Lot Depth: 426.96
Zoning Description: Currently, R-15
Part of Planned Development?: Yes
Development Name: Greenview Ranches Plotted in 1962 never developed
Topography: Level
Easements Description: Plat shows R/W easements around perimeter of parcel.
Soil Type: Other
Water Service: None
Sewer Type: None

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,869 39,025 88,260
Median Age: 33.8 39.67 35.82
Households: 3,669 16,062 36,815

Contact

© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Cape Fear REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.