2723-2727 Castle Hayne Rd

$700,000, 186,437 Sqft 4.28 Acres

About This Property

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!

Essential Information

MLS® #100173030
Price$700,000
Square Footage186,437
Acres4.28
TypeLand/Acreage/Site
Sub-TypeMixed Use
StatusActive

Community Information

Address2723-2727 Castle Hayne Rd
AreaNot In Subdivision
SubdivisionNot In Subdivision
CityWilmington
CountyNew Hanover
StateNC
Zip Code28401

Amenities

AmenitiesNo Amenities

Utilities

Municipal Water, Septic On Site

School Information

ElementaryWrightsboro
MiddleHolly Shelter
HighNew Hanover

Additional Information

Date ListedJune 28th, 2019
Days on Market67
ZoningB-1 & R-20
Short SaleYes

Listing Details

Office

Coldwell Banker Sea Coast Advantage-Midtown

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