MF-MU Echo Farms Area

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30788441
Property Subtypes: Multi-Family, Office, Retail
Status: Pending
Gross Land Area: 5.10 Acres
Sale Price: $1,150,000
Unit Price: $225,490 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/20/2022

Overview / Comments

Tremendous opportunity to develop this high visibility Multi-Family Medium Density, Mixed Use Property. Current zoning allows for 17 residential housing units per acre (86 Max on this site) Several commercial, Professional, logging and other office uses are possible as well. Electric, fiber optics, water are available with sewer being just a few feet away. Several high-end commercial and residential developments surround the site. Centrally located to Wilmington's beaches, riverfront, Booming Downtown, Cape Fear Community College, UNCW and Our Level II Trauma Center Hospital ''New Hanover Regional''. Please call or email for supporting Documents on Zoning and Development possibilities

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R-07012-002-015-000
Zoning: MF-MU

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,243 49,633 101,274
Median Age: 35.75 40.36 38.24
Households: 3,326 21,198 42,428


Photograph of Listing Agent

Basil Williams, Sr

Keller Williams Realty NCCMLS Member
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