710 N Kerr AVE Active

Wilmington,NC 28405

$ 2400000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Not In Subdivision

MLS Listing ID 100427468

Lot Size 2.110 Acres

Property 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.

Location

State NC

County New Hanover

Community Not In Subdivision

Zoning R-10-RESIDENTI

Exterior

Utilities Available Municipal Sewer Available,Municipal Water Available

Waterfront No

Waterfront Description None

Building

Lot Description Corner Lot,Wooded

Schools

Elementary Schools College Park

Middle Schools Trask

High Schools New Hanover

Others

Special Listing Condition None

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