Potential Retirement Community Land - Washington, NC

Vacant Land for Sale
Catylist Listing ID: 30042041
Property Subtypes: Residential (Single Family), Retail, Retail-Pad, Self Storage
Gross Land Area: 19 Acres
Sale Price: $298,000
Unit Price: $15,684 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 12/14/2019

Overview / Comments

**Major price improvement here. Priced to move. Two zoning uses on this property. Would be a great property for a multi-use developer. Please see the pdf drawing for potential retirement community.

This 19+ acres tract is strategically located at the intersection of Brick Kiln Road and River Road ( NC 32). The adjacent community of approximately 1000 people, Washington Park, is one of the nicest waterfront communities in Eastern North Carolina and fronts the Pamlico River. A small amount of commercial neighborhood drugstore, doctor offices, insurance , etc. along River Road frontage will complement the area. This is the best mixed use tract on River Road all the way to Washington Yacht and Country Club, some 8 miles to the east. The rear section of the property, which is heavily forested, could be developed into twelve large 1+ acre lots which would allow septic if desired by developer. There is water and sewer on River Road.

Additional Details

Nearest MSA: Washington
County: Beaufort
Tax ID/APN: 5685-74-6258, 5685-74-7754
Zoning: 2 +/- ACRES B2; 17 +/- ACRES RA 20
Property Located Between: Brick Kiln Rd. and N. Shores Rd.
Property Visibility: Excellent
Legal Description: 5685-74-6258 - 16.8 acres 5685-74-7754 - 2.45 acres
Largest Nearby Street: River Rd. (Hwy 32)
Feet of Frontage: 450
Highway Access: About 4 miles to US 264 and US 17
Site Description: This parcel consists of an open field along River Rd. and wooded areas to the south.
Area Description: This is a lovely area of Washington, ripe with development and living opportunities.
Lot Frontage: 450 feet
Lot Depth: 1900 feet
Zoning Description: This tract consists of two different zoning types; hence the multi-use property. 2 +/- acres Commercial (B2) - $190,000 Remaining 17 +/- RA20 acres - $125,000 Total Package - $298,000
Part of Planned Development?: Yes
Development Name: Villages of Brick Kiln
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal, Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,401 15,119 22,796
Median Age: 34.97 41.55 41.35
Households: 591 6,370 9,508
The information presented herein is provided as is, without warranty of any kind. Neither Cape Fear REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.