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105-109 Sumter Ave 0.52 Acres of Commercial Land Offered at $2,200,000 in Carolina Beach, NC 28428
Investment Highlights
- Adjacent to views of Carolina Beach Lake and a short walk to the beachfront.
- Ideal location.
Executive Summary
A rare opportunity for redevelopment at sought-after Carolina Beach! Highest and Best use for this location is residential development. Current zoning of NB (Neighborhood Business) allows for residential – single family. The property consists of three individual 50’ x 150’ parcels (total acreage of .517). Additionally, the premium site is adjacent to views of Carolina Beach Lake and a short walk to the beachfront. The existing business is relocating and is not for sale. Showing appointments must be scheduled after normal business hours.
Property Facts
| Price | $2,200,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.52 AC |
| Zoning | NB - Neighborhood Business | ||
| Price | $2,200,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.52 AC |
| Zoning | NB - Neighborhood Business |
1 Lot Available
Lot
| Price | $2,200,000 | Lot Size | 0.52 AC |
| Price Per AC | $4,230,769.23 |
| Price | $2,200,000 |
| Price Per AC | $4,230,769.23 |
| Lot Size | 0.52 AC |
Three individual 50’ x 150’ parcels (total acreage of .517). Additionally, the premium site is adjacent to views of Carolina Beach Lake and a short walk to the beachfront.
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $165,600 | |
| Land Assessment | $1,629,700 | Total Assessment | $1,795,300 |
Property Taxes
Parcel Numbers
Land Assessment
$1,629,700
Improvements Assessment
$165,600
Total Assessment
$1,795,300
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105-109 Sumter Ave
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