258 Plantation Rd, Wilmington, NC 28405

$525,000

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List Price
$525,000
Status
ACTIVE
Days on Market
142
MLS#
100575424
Subtype
Land
Lot Size
241,758
Acres
5.55
Subdivision
Greenview Ranches
Neighborhood
Greenview Ranches

Property Description

Opportunity to own 5.5 acres in Northern part of New Hanover County. Greenview Ranches was a subdivision that was mapped out and recorded but never developed. Military Cutoff Extension opened up 2000 acres of raw land in New Hanover below and above Highway I-140 and stretches from end of Murrayville Rd. to Porters Neck. Infrastructure in place: 95' T-Mobile Cell Tower approved by County Commissioners to be constructed on corner of Service Rd and Plantation Rd., Duke Power lines, Fiber Optic Cable and Internet, Crooked Pine Water Project, and CFPUA Sewer pipes. Main Force Sewer in the area will be on a cost basis. There is a huge developer ready to build homes on 91 acres. 61 acres were zoned for commercial and is on the market. Should be a grocery store, movie theater and medical offices. Buy clusters of other properties located adjacent to this 5.5 acres to build a small subdivision or a business. Approved by Planning will be an assisted living facility just as you come off Military Cutoff Ext on to Plantation Rd. Make your offer now. Great investment in the future of the development of Greenview Ranches. Location: From Market St take Military Cutoff Ext towards I-140 exit on to Service Rd just before the loop to I-140 and the construction of Hampstead By-Pass. Take the service road to Plantation Rd. Property is located on the left side. Count 2 parcels over from the service road and like the Knight piece in Chess go two parcels up and one over to the right. This 5.5 acre parcel is the one over. See attached map.

Additional Information

Zoning
R-15
Elementary School
Murrayville
Middle School
Trask
High School
Laney

Courtesy of Coastal Properties

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