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213 Cape Fear Blvd - 213 Cape Fear Blvd and 218 Charlotte Avenue

0.57 Acres of Commercial Land Offered at $4,500,000 in Carolina Beach, NC 28428

Investment Highlights

  • Great location
  • High visibility

Executive Summary

Unique opportunity to maintain a profitable 18 room motel and guest house or look to expand the development opportunities available in the Mixed-Use Transitional District. This district is established to provide for an area of transitional land uses between intensified use districts or elements and residential districts. This district includes an area of mixed land uses between the intensive, commercial, central part of Town and the quiet residential areas and may also be employed as a transitional area between busy major thoroughfares and quieter residential use. Permitted uses include a mixture of single-family homes, two-family dwellings, and small-scale office and institutional use. Currently there is a 18 room motel on site.

Attachments

Zoning Info

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per AC
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual $99,999
Annual Per AC $9.99
Total Expenses
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $4,500,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Hospitality
Total Lot Size 0.57 AC

1 Lot Available

Lot

Price $4,500,000
Price Per AC $7,894,736.84
Lot Size 0.57 AC

Unique opportunity to maintain a profitable 18 room motel and guest house or look to expand the development opportunities available in the Mixed Use Transitional District. Land and Structure being offered.

Description

This district includes an area of mixed land uses between the intensive, commercial, central part of Town and the quiet residential areas and may also be employed as a transitional area between busy major thoroughfares and quieter residential use. Permitted uses include a mixture of single-family homes, two-family dwellings, and small-scale office and institutional use. Currently there is a 18 room motel on site.

Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R09006-025-005-000
  • R09006-025-018-000
Land Assessment
$649,800 (2023)
Improvements Assessment
$475,400 (2023)
Total Assessment
$1,125,200 (2023)
Annual Taxes
($1)
Tax Year
2024

zoning

Zoning Code MX (Mixed Use)
MX (Mixed Use)
  • Listing ID: 33612989

  • Date on Market: 10/23/2024

  • Last Updated:

  • Address: 213 Cape Fear Blvd, Carolina Beach, NC 28428

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