For Sale
$750,000

3512 Kerr AveWilmington, NC 28405

1.08 Acres, Prime Location, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional commercial land offering presents a unique investment opportunity in Wilmington, North Carolina. Encompassing a total of 1.08 acres, this property includes two parcels (R03315-001-005-000 and R03315-001-004-000) located at 3512-3516 N Kerr Ave, 28405, and zoned B-1 for commercial use. The asking price is $750,000, translating to $16.04 per square foot. The land area totals 46,758 square feet. Currently, an occupied structure sits on the property; however, access is not permitted, and the sale is strictly for land value. This presents a blank canvas for development, tailored to your vision. The property's strategic location offers significant potential for a variety of commercial ventures. Furthermore, there's an option to expand the land holdings by acquiring the adjacent property at 2604 Castle Hayne Road for an additional cost, providing even greater development possibilities. This prime commercial land in a desirable Wilmington location offers significant upside for the discerning investor. The property is situated in New Hanover County and offers excellent visibility and accessibility. This is a rare opportunity to acquire a substantial parcel of commercially zoned land ready for development in a thriving area.

Highlights

  • $750,000 asking price.
  • 1.08 acres of prime commercial land in a desirable Wilmington, NC location (Parcel IDs R03315-001-005-000 and R03315-001-004-000).
  • Existing building on site is occupied and sold strictly as land value; no access provided.
  • Expansion potential by combining with adjacent property at 2604 Castle Hayne Road (separate purchase).
  • B-1 zoning.
  • 46,758 sq ft lot; $16.04/sq ft land value.

Property Details for 3512 Kerr Ave

Property type
Land

Location Insight

City
Wilmington
County
New Hanover
State
North Carolina
Latitude
34.28851882
Longitude
-77.91965979
3512 Kerr Ave, Wilmington, North Carolina

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
3512 Kerr Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message