884 Cheshire RoadRocky Point, NC 28457

  • $2,700,000
  • Days on Market 433
  • MLS# 100326431
133.81 Acres
Contact Us Favorite
Nest Realty Listing
Photo Gallery

Area

Neighborhood

Not In Subdivision

Description

+/-135 acre parcel prime for residential development, working farm or ranch, wedding venue and more. Approximately half the acreage is cleared and includes three man-made ponds with drainage while the wooded half is ready for timbering, the offering also includes a cellular tower ground lease set to escalate April 1 2022. A single family residence custom built with timber harvested from the site sits close to the road frontage and would make an excellent neighborhood clubhouse or farm homestead.Situated between NC 133 and NC 210 the location provides easy access to the booming Pender Commerce Park and other employers in the US 421 Corridor plus is within 15 miles of most major Wilmington Area employers, easy access to I-40, area beaches and Wilmington proper. The subject is located within a federally designated Opportunity Zone, providing an extremely favorable avenue to offset gains without the constraints of a 1031 exchange.Residential Performance zoning provides 15,000sf lots with septic by-right and 12,000sf lots with connection to municipal or community water and sewer systems. Municipal water is available at the NC-133 frontage. This tract could potentially support 300 or more single family residential lots with the appropriate infrastructure. The Wilmington MSA was recently found to be number one in the country for inbound moves and has been experiencing an increasingly severe housing shortage for years. These conditions create incredible opportunity for new housing developments in the area. Pender County is historically favorable to residential development with fewer barriers to entry than other counties in the region.Showings by appointment only, Listing Agent must be present.

Want to know more about this listing? Ask Eric.

Your Nest Realty Agent

Eric Knight
Broker in Charge
ph: 910.367.2253

Similar Properties

Listed by Nest Realty

MLS Disclaimer

Copyright 2022 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

×
Nest Realty
    Mayfaire
  • 990 Inspiration Drive
  • Wilmington, NC 28405
  • 910.550.2788
  •  
  • Carolina Beach
  • 112 Cape Fear Blvd.
  • Carolina Beach, NC 28428
  • 910.550.2788
  •  
  • Hampstead
  • 51 South End Court
  • Hampstead, NC 28443
  • 910.550.2788
© Nest Realty Group 2022

Join our Newsletter

×