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$4,288,750
278 Plantation Road
Wilmington, NC 28411
MLS# 100414448



278 Plantation Road, Wilmington, NC 28411
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278 Plantation Road, Wilmington, NC 28411 Overview of Area 278 Plantation Road, Wilmington, NC 28411

Property Description
Thirty-four plus acres of undeveloped land for you to re-zone for your own use. Best use of the land would be for industry, commercial, or development. This Parcel of land is going to be close to the Hampstead By-Pass. DOT has purchased lands from Gore Tract, Corbett Tract, Sidbury Land and Timber, and Sidbury Farms for the by-pass. Check out the DOT website to find the route of the by-pass. Pay attention to the development of Sidbury Road. There are a lot of investment companies holding land that fronts Sidbury Rd. This Parcel backs up to those lands. This Parcel has road frontage on I-140 but no access. Possibly access can be gained from Sidbury Road once the development starts. DOT left a R/W Easement off Stephens Church Rd. when I-140 was constructed so the Northern part of Greenview Ranches could be accessed in the future. Each ranch in Greenview Ranches has deeded R/W on plat to preserve future roadways to be built. This Parcel is a triangular parcel that adjoins the 840 Acres of Gore Tract. The R-15 zone can easily be changed. This area is being primed for development by CFPUA, New Hanover County and Duke Power in preparations for growth by adding sewer treatment plant, water wells, and power easements. Purchase now before prices start increasing in the Northern sections of Greenview Ranches.

Details
Maps
Contract Info
Status: Active
Effective Date: 2023-11-10
Delayed Marketing?: No
Delayed Marketing Date (DM): 2023-11-10
Sub-Type: Undeveloped
Listing Price: 4288750
Current Price: $4,288,750
List Price/Acre: 125000
Sub Agent Comm $/%: %
Buyer Agent Comm: 3
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 278
Street Name: Plantation
Street Suffix: Road
County: New Hanover
State/Province: NC
Zip Code: 28411
City Limits: No
Marketing City: Wilmington
Subdivision: Greenview Ranches
Secondary Subdivision: N/A
Geo Lat: 34.310971
Geo Lon: -77.80538
Remarks and Showing
Directions to Property: Once on I-140 coming from Hampstead heading to I-40, the property will be on the right side of I-140. You can check the Latitude/Longitude coordinates to find the land that borders I-140. Land that borders I-140 Ranch 283 North side: 34.309289-77.808661 Ranch North side: 34.308705-77.805821 The other 4 parcels are above these.
Sign on Property: No
Property Exterior Info
Acres - Total: 34.31
Acres - Wooded: 34.31
Lot Dimensions: 1330.62x3437.7x2391.9
Lot SqFt: 1494544
Deed Restriction: No
Total Road Frontage: 1331
Waterfront: No
Waterview: No
Location Type: Mainland
Horses Y/N: No
Legal and Taxes
Tax Assessed Value: 237100
Deed Book: 6463
Deed Page: 2956
Legal: Northern part of Ranches 283 and 284, all of Ranches 285, 281, 280, and 278 Section 9 Greenview Ranches.
Broker Owner: Yes
PID: R02800-001-087-000+
Tax Identifier: R02800-001-089
Plat Book: 15
Plat Page: 19
Special Assessments: none
Tax Year: 2022
Zoning: R15
Cobra Zone: No
Elementary School: Porters Neck
Middle School: Trask
High School: Laney
Property Features
Current Use: Vacant
Bldgs on Property: None
Soil Evaluation: Soil Evaluation - No
Topography: Undeveloped; Wooded
Fuel Tank: None
Environmental Hazard: Unknown
Lot Description: Wooded
Road Type/Frontage: See Remarks; Easement
Utilities: See Remarks
HOA and Neigh Amenities: No Amenities
Terms: 1031 Exchange; Cash; Conventional; Farm Credit; Federal Land Bank; Will Divide

Listing Office: Coastal Properties

Last Updated: February - 01 - 2024

278 Plantation Road, Wilmington, NC 28411 - MLS# 100414448
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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