Property
Wilmington, NC 28401 120 Yorktown Dr Lot 3
$119,000
Pending
0 more
Presented By: Select Premium Properties Inc.
Home Details
Hello! Have you ever wished to own a piece of land in one of the most promising neighborhoods of the area? Well, your opportunity has arrived! Today, I'm excited to present to you a breathtaking parcel of land, exquisitely located and poised for immense growth. Imagine owning a generous 18,675 sq ft property, strategically situated close to blossoming neighborhoods like Preservation Point, Hanover Lakes, and River Bluffs. This is not just land; this is your canvas to build your dreams, whether you're a developer, a homeowner seeking a prime location, or a business visionary! Location Potential: Situated in the next 'hot spot' as the area's development is on the rise with the approved sewer line from Spring Road to Brentwood, Royal Farms Gas Station on the corner, YMCA, and other pending projects increases the area's livability and value. Flexible Purchasing Options: This lot can be purchased alone, or combined with an adjacent lot or even an additional 3,700 sq ft home for increased value. Imagine a total of 1.3 acres of premium space at a competitive price! Investment Opportunity: The home on site can be rented out providing an immediate return on your investment while you plan your next steps. Development Ready: Complete with two soil studies confirming the land's viability, this parcel is perfect for R-15 zoned projects. The home's B-1 zoning opens the door for neighborhood businesses like charming cafes, innovative co-working spaces, boutique salons, or delightful restaurants. Remember, land like this doesn't appear every day, especially one nestled by major conveniences like three bypasses, the local airport, downtown, and the beautiful beaches. As the area continues to thrive, so will your investment. Drive by for a glimpse of your potential future, but remember, permission is required to walk the lot--cameras are on-site to assure privacy and security. Don't miss out on this unique investment opportunity in a rapidly developing area.
Presented By: Select Premium Properties Inc.
General for 120 Yorktown Dr Lot 3
CityWilmington
City LimitsNo
Cobra ZoneNo
CountyNew Hanover
Days on Market11
Geo Lat34.274488
Geo Lon-77.927505
Listing Member NameStephanie Smith
Location TypeMainland
Lot Sqft18731.00
PossessionAt Closing
Property TypeB
Secondary SubdivisionN/A
Selling Member NameCaroline B Watkins
Special Assessments0
StatusPending with Showings
Stipulation of SaleNone
Sub-TypeUndeveloped
SubdivisionArlington Heights
Tax Assessed Value189900.00
Tax Year2024
TopographyCleared, Undeveloped, Wooded, Level, Cleared/Partial
UtilitiesNo Sewer, No Water
WaterviewNo
ZoningR-15
Exterior for 120 Yorktown Dr Lot 3
Acres0.43
Buildings on PropertyNone
Environmental HazardNo
Fuel TankNone
List Price/Acre276744.19
Lot DescriptionFarm, Wooded, Rural, Partially Cleared, Open
MLS Identifier20150918160742258811000000
Road Type/FrontageMaintained, Paved, Public (City/Cty/St)
Soil EvaluationSoil Evaluation - Yes
Total Road Frontage60
WaterfrontNo
Additional Details
Price History
Brian Inskip
North Carolina Coastal Real Estate Expert