$1,900,000
$2,190,000
13.2%For more information regarding the value of a property, please contact us for a free consultation.
14 Acres Lot
SOLD DATE : 08/16/2023
Key Details
Sold Price $1,900,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 100375774
Sold Date 08/16/23
HOA Y/N No
Originating Board North Carolina Regional MLS
Lot Size 14.000 Acres
Acres 14.0
Lot Dimensions Various
Property Description
14+/- Acres now available for purchase on Myrtle Grove Road. This multi-parcel opportunity includes the locally renowned workshop of T.N Simmons, founder of the famed Simmons Sea Skiff. Tract includes (6) parcels providing approximately 14 Acres and 547Ft of direct frontage along Myrtle Grove Road. Existing structures: 3BR/1BA residential dwelling; 2BR/1BA residential dwelling; Three woodworking shops; One glassmaker shop. Total existing leases gross over $50,000 annually. New Hanover County Zoning is currently R-15. Maximum development yield may be achieved through NHC ''performance residential'', allowing 2.5 Units per Acre.
Location
State NC
County New Hanover
Community Not In Subdivision
Zoning R-15
Direction From the intersection of Piner Rd, S College Rd, and Carolina Beach Rd, take Piner Rd. Turn left onto Myrtle Grove Rd. Properties will be on the right, before the Grissom Rd intersection
Exterior
Waterfront No
Others
Tax ID R07616-003-002-001
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
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5960 Fairview Rd Ste. 400, Charlotte, NC, 28210, United States