Property
Wilmington, NC 28405 710 N Kerr Avenue
$2,400,000
1 more
Presented By: Eastern Carolinas Commercial Real Estate
Home Details
This 2.11 Acre hard corner is located at the North East Intersection of North Kerr Ave and New Centre Drive in Wilmington NC. With Traffic Counts +/- 30,000 ADT and potential Right In and Right Out access on to North Kerr from the site provides additional value! The NCDOT has plans (no date for delivery) to do an overpass at the intersection of N Kerr and MLK Parkway (see photos for design). So this property will be the last intersection prior to the on and off ramps.This site is rectangular in nature with the short side on North Kerr and the length along New Centre. Property has residential structures on site, no value placed on the structures.Property is boarded by three roads, New Center, N Kerr and Marjoram Way. These roads provide interconnectivity for this site in ways other hard corners cannot. Easy access to the multifamily in the area, the site lends its self well for gas/convenience stores, or two tenants sharing the site could work as well. Small Strip Center or Office Park as well would make excellent use of this location.Site would need to be rezoned. Currently zoned R-15.
Presented By: Eastern Carolinas Commercial Real Estate
Interior Features for 710 N Kerr Avenue
Other Interior Features
Street SuffixAvenue
General for 710 N Kerr Avenue
CityWilmington
City LimitsYes
Cobra ZoneNo
CountyNew Hanover
Days on Market288
Geo Lat34.25062
Geo Lon-77.888558
HOA and Neigh AmenitiesNo Amenities
Listing Member NameDavid D Branton
Location TypeMainland
Lot Sqft91912.00
Property TypeB
Secondary SubdivisionN/A
Special AssessmentsNone
StatusActive
Stipulation of SaleNone
Sub-TypeRetail
SubdivisionNot In Subdivision
Tax Assessed Value229500.00
Tax Year2023
TopographyCleared/Partial, Wooded
UtilitiesMunicipal Sewer Available, Municipal Water Available
WaterviewNo
ZoningR-10-RESIDENTI
current useVacant
Exterior for 710 N Kerr Avenue
Acres2.11
Buildings on PropertySee Remarks
Environmental HazardUnknown
FencingNone
Fuel TankNone
List Price/Acre1137440.76
Lot DescriptionCorner Lot, Wooded
Lot Water FeatureNone
MLS Identifier20150918160742258811000000
Road Type/FrontageMaintained, Paved
Soil EvaluationSoil Evaluation - No
Total Road Frontage827
WaterfrontNo
Additional Details
Price History
Brian Inskip
North Carolina Coastal Real Estate Expert