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105-109 Sumter Ave 0.52 Acres of Commercial Land Offered at $3,022,184 CAD in Carolina Beach, NC 28428



Investment Highlights
- Adjacent to views of Carolina Beach Lake and a short walk to the beachfront.
- Ideal location.
Executive Summary
A rare opportunity for redevelopment at sought-after Carolina Beach! Highest and Best use for this location is residential development. Current zoning of NB (Neighborhood Business) allows for residential – single family. The property consists of three individual 50’ x 150’ parcels (total acreage of .517). Additionally, the premium site is adjacent to views of Carolina Beach Lake and a short walk to the beachfront. The existing business is relocating and is not for sale. Showing appointments must be scheduled after normal business hours.
Property Facts
| Price | $3,022,184 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.52 AC |
| Zoning | NB - Neighborhood Business | ||
| Price | $3,022,184 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.52 AC |
| Zoning | NB - Neighborhood Business |
1 Lot Available
Lot
| Price | $3,022,184 CAD | Lot Size | 0.52 AC |
| Price Per AC | $5,811,892.52 CAD |
| Price | $3,022,184 CAD |
| Price Per AC | $5,811,892.52 CAD |
| Lot Size | 0.52 AC |
Three individual 50’ x 150’ parcels (total acreage of .517). Additionally, the premium site is adjacent to views of Carolina Beach Lake and a short walk to the beachfront.
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $226,067 CAD | |
| Land Assessment | $2,224,769 CAD | Total Assessment | $2,450,836 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,224,769 CAD
Improvements Assessment
$226,067 CAD
Total Assessment
$2,450,836 CAD
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105-109 Sumter Ave
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