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Blue Clay Rd
Castle Hayne, NC 28429
Blue Clay Farms North · Land For Sale
·
107.00 AC
INVESTMENT HIGHLIGHTS
- Access to all the major local arteries including I-40, I-140, and US Highway 74/76.
- North Kerr Industrial Park and Wilmington International Airport are in close proximity.
EXECUTIVE SUMMARY
+/- 107 (Total) and +/- 82.7 (Upland)
Future Land Use Plan supports the potential for a Residential rezoning - in 2022, 23 Acres (shown on page 4) was successfully re-zoned to straight RMF-L allowing for a density of 10 dwelling units per acre.
Future Land Use Plan supports the potential for a Residential rezoning - in 2022, 23 Acres (shown on page 4) was successfully re-zoned to straight RMF-L allowing for a density of 10 dwelling units per acre.
PROPERTY FACTS Under Contract
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Hold For Development |
| Property Type | Land | Total Lot Size | 107.00 AC |
| Zoning | I-1/I-2 - 92 AC Light Industrial/13 AC Heavy Industrial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Hold For Development |
| Total Lot Size | 107.00 AC |
| Zoning | I-1/I-2 - 92 AC Light Industrial/13 AC Heavy Industrial |
1 LOT AVAILABLE
Lot
| Price | $13,651,407 CAD | Lot Size | 107.00 AC |
| Price Per AC | $127,583.24 CAD |
| Price | $13,651,407 CAD |
| Price Per AC | $127,583.24 CAD |
| Lot Size | 107.00 AC |
Subject will need to be subdivided as it is part of a larger parcel not included in the sale.
DESCRIPTION
Located in northern Wilmington, NC, the Subject consists of approximately 107 acres of undeveloped land with over 4,000 feet of road frontage on Blue Clay Road. The growth in this area has surged in recent years and continues at a healthy pace. The Subject sits just north of Historic Downtown Wilmington with access to all the major local arteries including I-40, I-140, and US Highway 74/76. North Kerr Industrial Park (which includes the new FedEx distribution center), Wilmington International Airport, as well as several recently developed residential communities are in close proximity.
PROPERTY TAXES
| Parcel Number | R02600-003-003-000 | Improvements Assessment | $852,308 CAD |
| Land Assessment | $6,172,106 CAD | Total Assessment | $7,024,414 CAD |
PROPERTY TAXES
Parcel Number
R02600-003-003-000
Land Assessment
$6,172,106 CAD
Improvements Assessment
$852,308 CAD
Total Assessment
$7,024,414 CAD
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