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633 Piner Rd

3.45 Acres of Commercial Land Offered at $1,150,000 in Wilmington, NC 28409

Executive Summary

Land for sale

Property Facts

Price $1,150,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 3.45 AC

1 Lot Available

Lot

Price $1,150,000
Price Per AC $333,333
Lot Size 3.45 AC

land for sale

Description

Introducing a prime land with multiple homes comprising three separate parcels totaling 3.45 acres, located just under 900 feet from the intersection of Carolina Beach Road and College Road in the bustling Monkey Junction area. This property sits directly across from the Home Depot driveway, making it a highly visible and accessible location. Currently, the site includes two homes: a solid brick residence in decent condition and an older home that requires significant renovations or could be considered for demolition. The property is beautifully tree-lined, providing a picturesque setting with excellent potential for various uses. You could expand the residential footprint by adding more homes for a family compound or investment portfolio, or consider rezoning for commercial use, tapping into the high traffic and demographic advantages of the area. The property is adjacent to a multifamily apartment complex and is just steps from Myrtle Grove Middle School and Myrtle Grove Christian Academy, ensuring a steady flow of potential customers or residents. With 188 feet of frontage and over 800 feet in depth, this site is ideal for retail, office, or multifamily development. Municipal water and sewer services are currently nearby with access from the adjacent apartment complex, adding to potential. While the property is currently zoned R15, it has previously held a special use permit for multifamily development, highlighting its versatility and potential for growth. Don't miss out on this exceptional opportunity to capitalize on a prime location with endless possibilities!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R07600-002-011-001
Land Assessment
$118,500
Improvements Assessment
$0
Total Assessment
$118,500

zoning

Zoning Code R-15 (Residential)
R-15 (Residential)
  • Listing ID: 33194313

  • Date on Market: 9/16/2024

  • Last Updated:

  • Address: 633 Piner Rd, Wilmington, NC 28409

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