70 + Acres For Sale

Vacant Land for Sale
Catylist Listing ID: 30515402
Property Subtypes: Agricultural, Industrial, Other
Gross Land Area: 70 Acres
Sale Price: $2,300,000
Unit Price: $32,857 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/6/2020

Overview / Comments

70 acre tract for commercial development located at the Rocky Point I-40 Interchange at Highway 210. This site has excellent road frontage on Highway 117 just south of the Highway 210 intersection at Castle Hayne. Highway 210 frontage is in excess of 1,100' while frontage on I-40 is over 2,200'. The zoning for this property is currently split between RA (Rural Agricultural) and GI (General Business). Contiguous properties to the north and east are zoned GB (General Business).

Nearby business include McDonald's, Wendy's, Speedway, Food Lion, Hardees, Tractor Supply Comply and several smaller merchants and medical practices. Rocky Point is poised for growth as it provides direct interchange access to I-40 and a direct route into Wilmington.

Depending on the buyer's use, it may be possible to subdivide the tract.

Additional Details

Nearest MSA: Wilmington
County: Pender
Taxing Authority: Pender County
Tax ID/APN: 3235-91-0904-0000
Zoning: RA & GI
Property Located Between: US HWY 117 & I40
Property Visibility: Good
Legal Description: E/S 117 & B/S I40 & 1630 NO CHANGE FOR 1989 OLD LANGSTON PROPERTY
Largest Nearby Street: I40
Airports: ILM
Topography: Level
Easements Description: of record
Available Utilities: Electric
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,138 9,612
Median Age: 37.86 36.59
Households: 1,548 3,574

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