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4125 Echo Farms Blvd 2.42 Acres of Commercial Land Offered at $1,595,000 in Wilmington, NC 28412
Investment Highlights
- Located signalized intersection.
- High visibility!
Executive Summary
This signalized corner property is located at the Carolina Beach Road intersection with Echo Farms Blvd., with direct frontage on US 421 and one block from Independence Blvd. Being located at the foot of George Anderson Drive, it accesses Barclays at the Pointe shopping and theatre. Echo Farms public park with tennis courts and pool are on the adjacent property. Highly visible tract with over 300’ of frontage on Carolina Beach Road with approximately 30,000 traffic counts daily. The property is bounded by 3 paved roads, and all major utilities are to the site ready to develop road frontage.
This property has an exceptional household roof count in proximity, and an additional major development has been approved on the opposite diagonal corner of this site, which will further increase exposure.
The O & I zoning allows for business services, medical/dental services, personal services, offices, hotel, and many more uses as well as up to 4600 ft.² of retail allowed by this zoning and residential housing up to 80% of the total build-out.
This property has an exceptional household roof count in proximity, and an additional major development has been approved on the opposite diagonal corner of this site, which will further increase exposure.
The O & I zoning allows for business services, medical/dental services, personal services, offices, hotel, and many more uses as well as up to 4600 ft.² of retail allowed by this zoning and residential housing up to 80% of the total build-out.
Property Facts
| Price | $1,595,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.42 AC |
| Property Type | Land | ||
| Zoning | O & I - Office & Institutional | ||
| Price | $1,595,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.42 AC |
| Zoning | O & I - Office & Institutional |
1 Lot Available
Lot
| Price | $1,595,000 | Lot Size | 2.42 AC |
| Price Per AC | $659,090.91 |
| Price | $1,595,000 |
| Price Per AC | $659,090.91 |
| Lot Size | 2.42 AC |
“The owner will consider subdividing the property” if a Buyer needs a smaller parcel. Some of it is now under contract Sales Pirce for subdividing: 2.4 Acres $1,595,000 1.2 Acres (corner lot) $795,000 1.2 Acres (interior lot) $649,000
Description
This signalized corner property located at the Carolina Beach Road intersection with Echo Farms Blvd., Carolina Beach Road, US HWY 421, and George Anderson Drive. Echo Farms tennis courts and pool are on the adjacent property. Highly visible tract with over 300' of frontage on Carolina Beach Road and 850' total including Echo Farms Blvd. All major utilities are to the site-ready to develop road frontage.
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
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4125 Echo Farms Blvd