$450,000
$650,000
30.8%For more information regarding the value of a property, please contact us for a free consultation.
0.58 Acres Lot
SOLD DATE : 04/15/2021
Key Details
Sold Price $450,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Westwood Heights
MLS Listing ID 100256792
Sold Date 04/15/21
HOA Y/N Yes
Originating Board North Carolina Regional MLS
Annual Tax Amount $765
Lot Size 0.580 Acres
Acres 0.58
Lot Dimensions 172' on Military Cutoff x 135' on E. Westwood Rd.
Property Description
Highest visibility and most affordable development property available on Military Cutoff. Property is located right outside the back gate of Country Club of Landfall at Arboretum Drive entrance. This property sits directly across from the new shops at Arboretum West and beside The Avenue, which is an approved 44-acre project to include retail, hotel, parking decks and apartments. These TWO listed Parcels offer a total of .58 Acres with 172 feet of exposure frontage on Military Cutoff and 135 feet on E. Westwood Rd.. This Property is a prime candidate for rezoning for commercial office buildings and sellers will cooperate to allow time for this to happen. Cindee Wolf of Design Solutions has sketched basic layouts for commercial buildings and parking that would accentuate the highest and best use for this property. If you are looking for a new office building site, please visit this site and buy it before I do. There is no higher profile, higher visibility location available in Wilmington.
Location
State NC
County New Hanover
Community Westwood Heights
Zoning MHP
Direction Located on Military Cutoff just outside of the back gate entrance to the Country Club of Landfall on Arboretum Drive.
Exterior
Utilities Available Municipal Sewer, Municipal Water, Natural Gas Available
Garage Yes
Schools
Elementary Schools Ogden
Middle Schools Noble
High Schools Laney
Others
Tax ID R05105001001000
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
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