Property
Wilmington, NC 28409 5523 Greenville Loop Road
$2,495,000
31 more
Presented By: Keller Williams Innovate-Wilmington
Home Details
One of a kind opportunity for redevelopment in the Greenville Loop corridor. Subject property, currently operating as a grandfathered full-service kennel, consists of 7.56 acres with a total of six buildings and containing approximately 8700 sq ft. Currently zoned R-15. Highest and best use is residential with potential for conditional re-zoning to achieve greater density. Site could also be ideal for the equine enthusiast who desires to have their own riding facility in the center of town. There are not adverse soil conditions that the seller is aware of, although the southwestern corner is in portion of a flood zone. The parcel has 550 feet of road frontage along Greenville Loop Road. There are six primary building improvements to the site. They are a single family dwelling with a debris filled in-ground pool, a main kennel building, secondary kennel building, a converted well house to aviary building, a four-stall horse stable with a storage area and a grooming building. Other site improvements include a cat gazebo, a pond, chain link fencing and perimetermasonry/concrete wall with horse pastures encompassing approximately one half of the total site area.
Presented By: Keller Williams Innovate-Wilmington
General for 5523 Greenville Loop Road
CityWilmington
City LimitsYes
Cobra ZoneNo
CountyNew Hanover
Days on Market175
Geo Lat34.197947
Geo Lon-77.860321
HOANo
HOA and Neigh AmenitiesNo Amenities
Listing Member NameEd H Wagenseller
Location TypeMainland
Lot Sqft329314.00
PossessionAt Closing
Property TypeB
Secondary SubdivisionN/A
Special AssessmentsNone
StatusActive
Stipulation of SaleNone
Sub-TypeHorse Farm
SubdivisionGreenville Loop
Tax Assessed Value809900.00
Tax Year2024
Terms1031 Exchange, Farm Home Admin, Conventional, Cash
TopographyCleared
UtilitiesCable Available, Municipal Water, Municipal Sewer
WaterviewNo
ZoningR-15
current useCommercial, Residential, Horses
Exterior for 5523 Greenville Loop Road
Acres7.56
Acres - Cleared7.00
Acres - Wooded0.56
Buildings on PropertyCovered Area, Stable, Storage Buildings, Main House, Horse Facilities
Environmental HazardUnknown
FencingBlock, Full
Fuel TankNone
List Price/Acre330026.46
Lot DescriptionCorner Lot
Lot Dimensions550x568x530x658
MLS Identifier20150918160742258811000000
Road Type/FrontagePaved, Public (City/Cty/St)
Soil EvaluationSoil Evaluation - No
Total Road Frontage550
Water Frontage0.00
WaterfrontNo
Additional Details
Price History
Brian Inskip
North Carolina Coastal Real Estate Expert