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2775 N Kerr Ave 33.93 Acres of Industrial Land Offered at $3,732,000 in Wilmington, NC 28405
Investment Highlights
- Property is in close proximity to ILM Airport and FedEx distribution center.
- Easy access to US-74, I-40, I-140, Hwy 117, and Hwy 133.
Executive Summary
± 33 acre tract with ± 1,100 feet of frontage on North Kerr Avenue near North Kerr Industrial Park. Municipal water main is directly across the street, and a CFPUA pump station borders the northeast boundary of the property (see page 5). The subject benefits from access to off-site stormwater.
Property Facts
| Price | $3,732,000 | Property Subtype | Industrial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 33.93 AC |
| Property Type | Land | ||
| Zoning | AC - Airport Commerce | ||
| Price | $3,732,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 33.93 AC |
| Zoning | AC - Airport Commerce |
1 Lot Available
Lot
| Price | $3,732,000 | Lot Size | 33.93 AC |
| Price Per AC | $109,991.16 |
| Price | $3,732,000 |
| Price Per AC | $109,991.16 |
| Lot Size | 33.93 AC |
Land for sale
Description
The growth in this area has surged in recent years and still continues at a healthy pace. The AC zoning allows for a variety of uses such as light-industrial, distribution, warehouses, offices, self-storage facilities, and boat and auto dealerships.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R03400-001-099-000 | Improvements Assessment | $0 |
| Land Assessment | $2,022,300 | Total Assessment | $2,022,300 |
Property Taxes
Parcel Number
R03400-001-099-000
Land Assessment
$2,022,300
Improvements Assessment
$0
Total Assessment
$2,022,300
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2775 N Kerr Ave
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