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 |
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 |
|
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