$700,000

2723-2727 Castle Hayne Road

Wilmington NC, 28401

Description

This lot offering 4.28 ACRES TOTAL and close to 300' OF ROAD FRONTAGE ON CASTLE HAYNE RD. (Hwy 133) has great Commercial Potential. There are three parcels in total that will be sold together. Current zoning is B-1 and R-20. THE PROPERTY IS CONNECTED TO THE MUNICIPAL WATER SYSTEM.The land is directly across the street from Wrightsboro Baptist Church & Wrightsboro Elementary.There are three income producing rental properties on the grounds that will be sold as-is, where is and at no value. Total current month to month rental income on the three properties is $2755/mo, although owners do not wish to show these properties.THE VALUE IS IN THE LANDWith new residential and commercial development in place and more under way, and the opening of the new I140 bypass,THIS AREA IS PRIME FOR ADDITIONAL NEW GROWTH SOON. property is located just minutes to Downtown Wilmington, Beaches, and has quick access to I-40, Hwy 421, 17, and 74/76. It is 2.5 miles from the Wilmington International Airport and in close proximity to New Hanover Regional Medical Center, The Cape Fear River & Port, UNCW & Cape Fear Community College, and shopping areas- Independence Mall and Mayfair. GO AND SHOW- Courtesy call appreciated!

Details

MLS#100173030
Sub-TypeResale
StatusActive
Days On Site162

Features

ZoningB-1 & R-20
Acreage4.28

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Area Information

StateNC
CountyNew Hanover
CityWilmington
Zip Code28401
AreaNew Hanover
Community NameNot In Subdivision
Listing VS Median (Nearby)
Price:
$700,000
low | high
Med:
$1,000,000
7.142857142857% of Average
On Site:
162
low | high
Med:
631
25.6735340729% of Average
Listing Updated: 12/06/2019
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