Wilmington, NC 28401,120 Yorktown Dr Lot 3
Wilmington, NC 28401,120 Yorktown Dr Lot 3
Wilmington, NC 28401,120 Yorktown Dr Lot 3
$100,000
Est. payment /mo
$119,000
16.0%
Est.Price: ?

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0.43 Acres Lot
SOLD DATE : 12/18/2024

Key Details

Sold Price $100,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Arlington Heights

MLS Listing ID 100477275

Annual Tax Amount $992

Lot Size 0.430 Acres

Property Description

Hello! Have you ever wished to own a piece of land in one of the most promising neighborhoods of the area? Well, your opportunity has arrived! Today, I'm excited to present to you a breathtaking parcel of land, exquisitely located and poised for immense growth. Imagine owning a generous 18,675 sq ft property, strategically situated close to blossoming neighborhoods like Preservation Point, Hanover Lakes, and River Bluffs. This is not just land; this is your canvas to build your dreams, whether you're a developer, a homeowner seeking a prime location, or a business visionary! Location Potential: Situated in the next 'hot spot' as the area's development is on the rise with the approved sewer line from Spring Road to Brentwood, Royal Farms Gas Station on the corner, YMCA, and other pending projects increases the area's livability and value. Flexible Purchasing Options: This lot can be purchased alone, or combined with an adjacent lot or even an additional 3,700 sq ft home for increased value. Imagine a total of 1.3 acres of premium space at a competitive price! Investment Opportunity: The home on site can be rented out providing an immediate return on your investment while you plan your next steps. Development Ready: Complete with two soil studies confirming the land's viability, this parcel is perfect for R-15 zoned projects. The home's B-1 zoning opens the door for neighborhood businesses like charming cafes, innovative co-working spaces, boutique salons, or delightful restaurants. Remember, land like this doesn't appear every day, especially one nestled by major conveniences like three bypasses, the local airport, downtown, and the beautiful beaches. As the area continues to thrive, so will your investment. Drive by for a glimpse of your potential future, but remember, permission is required to walk the lot—cameras are on-site to assure privacy and security. Don't miss out on this unique investment opportunity in a rapidly developing area.

Location

State NC

County New Hanover

Community Arlington Heights

Zoning R-15

Rooms

Other Rooms None

Building

Lot Description Partially Cleared, Rural, Farm, Open Lot, Wooded

Sewer None

Water None

Schools

Elementary Schools Wrightsboro

Middle Schools Holly Shelter

High Schools New Hanover

Others

Special Listing Condition None

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Hive MLS / (NCRMLS)
Listed by Select Premium Properties Inc.

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agent

Wendy Wiegand

+1(910) 224-8733

Broker-Owner | License ID: 278420

Broker-Owner License ID: 278420

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