3512 Kerr AveWilmington, NC 28405

Property Details for 3512 Kerr Ave

Property type

Other commercial real estate

Property subtype

Other land

Description

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.

Location Insight

City

Wilmington

County

New Hanover

State

North Carolina

Latitude

34.2885

Longitude

-77.9197

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