Wilmington, NC 28405,710 N Kerr AVE
Wilmington, NC 28405,710 N Kerr AVE
Wilmington, NC 28405,710 N Kerr AVE
Wilmington, NC 28405,710 N Kerr AVE
Wilmington, NC 28405,710 N Kerr AVE
Wilmington, NC 28405,710 N Kerr AVE
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$ 2,400,000
Est. payment | /mo

2.11 Acres Lot


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$ 2,400,000
Est. payment | /mo
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2.11 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Not In Subdivision

MLS Listing ID 100427468

HOA Y/N Yes

Originating Board North Carolina Regional MLS

Lot Size 2.110 Acres

Acres 2.11

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

Direction Head toward Wilmington. Turn onto US-74 W / Martin Luther King Jr Pkwy toward Downtown / Wilmington / US-74 West. Turn left onto N Kerr Ave. Turn left onto New Centre Dr. Arrive at 710 N Kerr Ave.

Location Details Mainland

Exterior

Utilities Available Municipal Sewer Available, Municipal Water Available

Waterfront Description None

Building

Lot Description Corner Lot, Wooded

Schools

Elementary Schools College Park

Middle Schools Trask

High Schools New Hanover

Others

Tax ID 313815.54.9100.000

Special Listing Condition None

Hive MLS / (NCRMLS)
Listed by Eastern Carolinas Commercial Real Estate
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710 N Kerr AVE