633 Piner Road, Wilmington, NC 28409 – MLS# 100466458

Property Map

$1,000,000 – 633 Piner Road, Wilmington, NC 28409

Street View

$1,000,000
3.45 Acre Lot
150,282 Sqft Lot
Status Active
Property Type Residential Land
Price Type
Days on Website 226

Courtesy of Dawn J Berard, Sold Buy the Sea Realty

Description

Introducing a prime land 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. Sellers will consider seller financing of up to half of the purchase price with favorable terms.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!

HOA Amenities

Property Details and Features

Property Access

  • Road Type/Frontage: Public (City/Cty/St)

Disclosures

  • No
  • Unknown

Listing

  • Sub-Type: Residential Land
  • Listed on 2024-09-16
  • List Price/Acre: $289,855
  • Terms: Cash

Location

  • Zip Code: 28409
  • Latitude: 34.139163
  • Longitude: -77.890584
  • Subdivision: Not In Subdivision
  • City Limits: No

Lot

  • 150,282 sqft lot
  • 3.45 total acre
  • Lot Description: See Remarks
  • Topography: Cleared,Wooded,Level,Cleared/Partial

Possession

  • At Closing

Property

  • Zoning: R-15
  • Soil Evaluation: Other: currently septic
  • Bldgs on Property: Main House,See Remarks

Taxes

  • Tax Assessed Value: $108,300
  • Property Taxes: $566
  • City Tax Rate: 1776
  • Tax Year: 2023

Utilities

  • Municipal Water Available
  • Septic On Site
  • Electric Provider: Duke Progress Energy
  • Water Provider: Cape Fear Public Utility Authority
  • Fuel Tank: None

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