Viewing Listing MLS# 100427468
Wilmington, NC 28405
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/ASqFt
- N/AYear Built
- 2.11Acres
- MLS# 100427468
- Land
- Retail
- Active
- Approx Time on Market2 months, 18 days
- AreaNew Hanover (28405)
- CountyNew Hanover
- SubdivisionNot In Subdivision
Overview
This 2.11 Acre hard corner is located at the North East Intersection of North Kerr Ave and New Centre Drive in Wilmington NC. With Traffic Counts +/- 30,000 ADT and potential Right In and Right Out access on to North Kerr from the site provides additional value! The NCDOT has plans (no date for delivery) to do an overpass at the intersection of N Kerr and MLK Parkway (see photos for design). So this property will be the last intersection prior to the on and off ramps.This site is rectangular in nature with the short side on North Kerr and the length along New Centre. Property has residential structures on site, no value placed on the structures.Property is boarded by three roads, New Center, N Kerr and Marjoram Way. These roads provide interconnectivity for this site in ways other hard corners cannot. Easy access to the multifamily in the area, the site lends its self well for gas/convenience stores, or two tenants sharing the site could work as well. Small Strip Center or Office Park as well would make excellent use of this location.Site would need to be rezoned. Currently zoned R-15.
Baths Info
Bedroom Info
Exterior Features
Fuel Tank: None
Financial
Tax Assessed Value: 22950
Tax Year: 2023
Stipulation Of Sale: None
List Priceacre: $1,137,440.76
Deed Restriction: No
HOA Info
Hoa Amenities: No Amenities
Lot Info
Lot Sqft: 91,912
Total Road Frontage: 827
Acres: 2.11
Waterfront: No
Lot Description: Corner Lot,Wooded
Lot Water Features: None
Road Type: Maintained, Paved
Soil Evaluation: Soil Evaluation - No
Topography: Cleared/Partial,Wooded
Misc Features
Special Assessments: None
Misc Info
Picture Timestamp: 2024-02-20 10:23:24
Environmental Hazard: Unknown
Other Rooms Info
Property Features
Current Use: Vacant
Fencing: None
Property Info
Class Type: Retail
County: New Hanover
Cobra Zone: No
Zoning: R-10-RESIDENTI
Subdivision Original: Not In Subdivision
Secondary Subdivision: N/A
Water View: No
City Limits: Yes
Sign On Property: No
Bldgs On Property: See Remarks
Room Features
Rooms Info
Sale / Lease Info
Class Sub Type2: B
Schools
School Elem: College Park
School Middle: Trask
School High: New Hanover
Utilities /HVAC
Water Sewer: Municipal Sewer Available, Municipal Water Available
Courtesy of Eastern Carolinas Commercial Real Estate