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$1,050,000
1024&1028 S College Road
Wilmington, NC 28403
MLS# 100426012



1024&1028 S College Road, Wilmington, NC 28403
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Property Description
Two Properties! 1) Vacant, cleared parcel at 1024 S college road in PRIME location. 1024 S. College has many different possibilities of use with tons of road frontage visibility in a high density area. This property is about .18 OUTLINED in RED. 2) 1028 S college(to the left of outlined in red lot) beside it also for sale as its the same owner as 1024. 1028 has a brick property that is being used and is currently leased with a NNN lease agreement. This property sits on approx .24 Both lots have a recorded easement to Kerr ave. Total lot size between both lots about .42 of an acre on one of the busiest streets in Wilmington with tons of drive by traffic! Seller is willing to offer seller financing with a 30-35 percent down payment as well. Buy 1 or buy both. Reach out for more details!

Details
Maps
Contract Info
Status: Active
Effective Date: 2024-02-06
Delayed Marketing?: No
Delayed Marketing Date (DM): 2024-02-06
Sub-Type: Commercial/Industrial
Listing Price: 1050000
Current Price: $1,050,000
List Price/Acre: 2500000
Sub Agent Comm $/%: %
Buyer Agent Comm: 2
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 1024&1028
Pre Direction: S
Street Name: College
Street Suffix: Road
County: New Hanover
State/Province: NC
Zip Code: 28403
City Limits: Yes
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.216299
Geo Lon: -77.88622
Remarks and Showing
Directions to Property: Traveling South on College towards Oleander Dr. property is in between Cedar and Maple on the Right side
Sign on Property: Yes
Property Exterior Info
Acres - Total: 0.42
Lot SqFt: 18295
Deed Restriction: No
Total Road Frontage: 1
Waterfront: No
Waterview: No
Location Type: Mainland
Legal and Taxes
Tax Assessed Value: 257100
Legal: 024 S College= 41/42 FM 56
Broker Owner: No
PID: 0000
Tax Identifier: R05519-008-014-000
Special Assessments: none
Tax Year: 2022
Zoning: CB
HOA: No
Cobra Zone: No
Elementary School: College Park
Middle School: Roland Grise
High School: Hoggard
Property Features
Bldgs on Property: See Remarks
Soil Evaluation: Soil Evaluation - No
Topography: Cleared; Level; See Remarks
Fuel Tank: None
Environmental Hazard: No
Road Type/Frontage: See Remarks
HOA and Neigh Amenities: No Amenities
Terms: 1031 Exchange; Build to Suit; Cash; Conventional; Seller Financing

Listing Office: Keller Williams Innovate-Wilmington

Last Updated: February - 09 - 2024

1024&1028 S College Road, Wilmington, NC 28403 - MLS# 100426012
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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