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Investment Highlights

  • Prime Mixed-Use Development Opportunity: Fully entitled and permitted by Spring 2025, Annandale Station will support 32,000 SF of mixed-use space, inc
  • Thriving Market Demand: Positioned in a market with a shortage of commercial space, this development serves multiple segments, creating a mini-busines
  • Efficient Infrastructure: Stormwater permit secured, with runoff flowing to a shared pond on the Integrity Business Park site, and the availability of
  • Strategic Location: Situated on the Northwest side of Highway 17 between Porters Neck and Hampstead, the site boasts a high traffic count of 44,000 ve
  • Well-Prepared Site: The 2.68-acre tract features approximately 270 feet of Highway 17 frontage, no wetlands, excellent soils, and a minimal need for d
  • Enhanced Accessibility: Two curb cuts along Highway 17, cross-access easement in place, and visibility for both northbound and southbound traffic make

Executive Summary

Three purchase options:
Fully entitled with infrastructure improvements nearly completed.
* 1.0 Acre Parcel: Supports up to 10,000 SF flex/industrial building, ideal for service, showroom, or light industrial users.
* 1.68 Acre Parcel: Supports approximately 22,000 SF retail or office building, suitable for medical, professional office, or retail
development.
* 2.68 Acre Parcel: Allows for up to 32,000 SF retail or office development, offering scale for a larger commercial project.
With entitlements secured and infrastructure nearly completed, this significantly reduces development timelines and costsallowing buyers to move quickly from acquisition to construction.
This is a rare opportunity to secure a development-ready commercial site in a highly desirable location with flexible lot
configurations and strong potential for retail, office, or flex uses.
Fully Entitled - Save Significant Time and Development Costs
Unlike raw land that can require 18–24 months of engineering, permitting, and entitlement work, this property is fully entitled
with infrastructure improvements already completed. A buyer can bypass the lengthy approval process and move directly
toward construction. For most commercial sites, the entitlement process can involve extensive civil engineering, site planning,
stormwater design, utility coordination, and municipal approvals-often costing hundreds of thousands of dollars and years of
planning before a project can even break ground. With these steps already completed, this site provides a major competitive
advantage by allowing a developer or owner-user to accelerate the construction timeline, reduce upfront risk, and significantly
lower predevelopment costs. Purchasing a shovel-ready site like this can compress the development schedule by u
The Hampstead and Pender County market is currently running approximately 2% vacancy factor for both office and retail space. This is an opportunity to build disparate products which address three segments of the market. The buildings are part of a mini-business park which will include an emergency veterinarian, an owner-occupied retail flooring business and the Integrity Business Park (noted on attached survey as AR2) behind the site. The stormwater permit is in hand and will flow to a single pond on the Integrity site.
Location Description:
Our offering is located on the Northwest side of Highway 17 between Porters Neck and Hampstead. The immediate area has several developments in process which will add residential and commercial offerings to the market. The NC Department of Transportation cites a traffic count of 44,000 vehicles per day along this stretch of Highway 17. This number, which is the most recent available, dates to 2022. The nearest median break parallels Whitebridge Road and will allow a direct left to turn into the project for traffic heading North on Highway 17.
Site Description:
The total site is 2.68 acres with approximately 270 feet of frontage along Highway 17. The site is at or above grade with Highway 17 and has no wetlands per report. Pender County administers Planning/Zoning for this site, in addition to providing water and sewer service. This tract has excellent soils, and any dirt import required during construction will be minimal. Visibility for both North and Southbound traffic is excellent for this project. Additionally, the two parcels which front Highway 17 will each have a curb cut on Highway 17, although a cross-access easement will be in place. Please review the included survey as the GIS records may differ due to a recombination.

Property Facts

Price $3,253,061 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Fast Food
  • General Freestanding
  • Office Park
  • Retail Warehouse
  • Storefront
  • Storefront, Retail or Office
Total Lot Size 2.68 AC
Zoning GB - General business

1 Lot Available

Lot 1

Price $3,253,061 CAD
Price Per AC $1,213,828.80 CAD
Lot Size 2.68 AC

Offering a fully Developed Pad ready site, planned as Annandale Station, which will support 32,000 SF of mixed-use space - SEE ATTACHED SITE PLAN - in a highly desirable area North of Wilmington.

Description

The total site is 2.68 acres with approximately 270 feet of frontage along Highway 17. The site is at or above gradewith Highway 17 and has no wetlands per report. Pender County administers Planning /Zoning for this site, in addition to providing water and sewer service. This tract has excellent soils, and any dirt import required during construction will be minimal. Visibility for both North and Southbound traic is excellent for this project. Additionally, the two parcels which front Highway 17will each have a curb cut on Highway 17, although a cross-access easement will be in place. Please review the included survey as theGIS records may dier due to a recombination.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
3282-21-6391-0000
Land Assessment
$403,570 CAD
Improvements Assessment
$0 CAD
Total Assessment
$403,570 CAD
  • Listing ID: 34397150

  • Date on Market: 2025-01-07

  • Last Updated:

  • Address: 13011 US Highway 17, Hampstead, NC 28443

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