710 N Kerr Avenue , Wilmington, NC 28405
Wilmington, NC 28405
Description
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.
Details
| MLS# | 100427468 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 239 |
| Listing Provided By | Eastern Carolinas Commercial Real Estate | David D Branton |
Features
| Zoning | R-10-RESIDENTI |
|---|---|
| Acreage | 2.11 |
Market Activity 28405
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Learn More About This Property
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28405 |
| Area | New Hanover |
| Community Name | Not In Subdivision |
| Listing VS Median (in Not In Subdivision) | |
Price: $2,400,000 low | high Med: $274,900 On Site: 239 low | high Med: 33.000000 | |