Ranch 224 Plantation RoadWilmington, NC 28411

  • $381,600 65%
  • Days on Market 110
  • MLS# 100344478
9.54 Acres
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Description

Acreage in New Hanover County. South of I-140 with eventual public access to Military Cutoff Ext. Located close to Cameron Trace Subdivision and Quail Woods Subdivision. 9.54 Acres ready to be developed for homes or rezoned for commercial. Currently zoned R-15. Would be a great 1031 Exchange. Owner has started working the land for development. One foot bridge and 1 culvert for car parking have been added to land. The whole perimeter of the property has been forestry cut 30 to 40 feet wide and the front two acres have 700 feet road frontage forestry cut leaving the mature trees. Military Cutoff Ext is due to be completed late Fall of 22 or Jan of 23. This parcel is at the Western end of Plantation Rd. It borders and Plantation Road ends at land owned by DOT. It is close to and across from new development in the planning stages with the Planning Department that will come off of Murrayville Road just before Quail Woods Subdivision. You can actually see homes in Cameron Trace as you go down Plantation Rd just before reaching Ranch 224. CFPUA owns two substantial ranches, 31 acres and 16 acres just up from this parcel on Plantation Rd. It will become necessary for Plantation Road to the West of Military Cutoff Extension to be paved eventually. This area is growing. At this price, you will want to get in

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Listed by Fathom Realty NC, LLC

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