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884 Cheshire Road

Rocky Point, NC 28457
  • $2,700,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 100326431
$2,700,000
  • 0
    BEDS
  • 133.81
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Farm
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

+/-135 acre parcel prime for residential development, working farm or ranch, wedding venue and more. Approximately half the acreage is cleared and includes three man-made ponds with drainage while the wooded half is ready for timbering, the offering also includes a cellular tower ground lease set to escalate April 1 2022. A single family residence custom built with timber harvested from the site sits close to the road frontage and would make an excellent neighborhood clubhouse or farm homestead.Situated between NC 133 and NC 210 the location provides easy access to the booming Pender Commerce Park and other employers in the US 421 Corridor plus is within 15 miles of most major Wilmington Area employers, easy access to I-40, area beaches and Wilmington proper. The subject is located within a federally designated Opportunity Zone, providing an extremely favorable avenue to offset gains without the constraints of a 1031 exchange.Residential Performance zoning provides 15,000sf lots with septic by-right and 12,000sf lots with connection to municipal or community water and sewer systems. Municipal water is available at the NC-133 frontage. This tract could potentially support 300 or more single family residential lots with the appropriate infrastructure. The Wilmington MSA was recently found to be number one in the country for inbound moves and has been experiencing an increasingly severe housing shortage for years. These conditions create incredible opportunity for new housing developments in the area. Pender County is historically favorable to residential development with fewer barriers to entry than other counties in the region.Showings by appointment only, Listing Agent must be present.

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© 2022 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2022-05-26T00:05:05.303.
www.brunswickcountyagent.com/homes/128456394
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884 Cheshire Road Rocky Point, NC 28457

  • Price: $2,700,000
  • Status: Active
  • On Site: 19 Days
  • MLS #: 100326431
0
Beds
0
Baths
0
½ Baths
133.81
Acres
Neighborhood:
Not In Subdivision
County:
Pender
Area:
Rocky Point
Elementary School:
Cape Fear
Middle School:
Cape Fear
High School:
Heide Trask
Property Description
+/-135 acre parcel prime for residential development, working farm or ranch, wedding venue and more. Approximately half the acreage is cleared and includes three man-made ponds with drainage while the wooded half is ready for timbering, the offering also includes a cellular tower ground lease set to escalate April 1 2022. A single family residence custom built with timber harvested from the site sits close to the road frontage and would make an excellent neighborhood clubhouse or farm homestead.Situated between NC 133 and NC 210 the location provides easy access to the booming Pender Commerce Park and other employers in the US 421 Corridor plus is within 15 miles of most major Wilmington Area employers, easy access to I-40, area beaches and Wilmington proper. The subject is located within a federally designated Opportunity Zone, providing an extremely favorable avenue to offset gains without the constraints of a 1031 exchange.Residential Performance zoning provides 15,000sf lots with septic by-right and 12,000sf lots with connection to municipal or community water and sewer systems. Municipal water is available at the NC-133 frontage. This tract could potentially support 300 or more single family residential lots with the appropriate infrastructure. The Wilmington MSA was recently found to be number one in the country for inbound moves and has been experiencing an increasingly severe housing shortage for years. These conditions create incredible opportunity for new housing developments in the area. Pender County is historically favorable to residential development with fewer barriers to entry than other counties in the region.Showings by appointment only, Listing Agent must be present.
Exterior Features

Buildings On Property Main House Fencing None Location Type Mainland Lot Description Partially ClearedWooded Road Type Frontage Public (City/Cty/St) Topography Cleared/PartialLevelWooded Total Road Frontage 2462 Waterfront No Waterview No

Interior Features

Acres Wooded 4011.00 Soil Evaluation Soil Evaluation - No

Property Features

Auction No City Limits No Cobra Zone No Current Use FarmResidentialTimber Deed Restriction No Environmental Hazard Unknown Fuel Tank None Hoa And Neighborhood Amenities No Amenities Hoa YN No Land Sub Type Farm Property Taxes 3233.07 Secondary Subdivision N/A Tax Year 2021 Terms Cash Water Sewer Municipal Water Available Zoning R20



Listing information © 2022 NCRMLS
Listing courtesy of Eric G Knight of Nest Realty: (910) 550-2788.


© 2022 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2022-05-26T00:05:05.303.
 
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