Hall & Nixon Real Estate, Inc
Erin Nixon & Phyllis Team, Hall & Nixon Real Estate, IncPhone: (252) 435-5043
Email: [email protected]
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listing
1 of 6
LandFor Sale
$2,400,000
710 N Kerr Avenue
Wilmington, NC 28405
Listed by: Eastern Carolinas Commercial Real Estate, (704) 740-8184
MLS: North Carolina Regional
91,912Sq Ft
Est. Mortgage
$12,488/mo

This 2.11 Acre hard corner is located at the North East Intersection of North Kerr Ave and New Centre Drive in Wilmington NC. With Traffic Counts +/- 30,000 ADT and potential Right In and Right Out access on to North Kerr from the site provides additional value! The NCDOT has plans (no date for delivery) to do an overpass at the intersection of N Kerr and MLK Parkway (see photos for design). So this property will be the last intersection prior to the on and off ramps. This site is rectangular in nature with the short side on North Kerr and the length along New Centre. Property has residential structures on site, no value placed on the structures. Property is boarded by three roads, New Center, N Kerr and Marjoram Way. These roads provide interconnectivity for this site in ways other hard corners cannot. Easy access to the multifamily in the area, the site lends its self well for gas/convenience stores, or two tenants sharing the site could work as well. Small Strip Center or Office Park as well would make excellent use of this location. Site would need to be rezoned. Currently zoned R-15.

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Information courtesy of Eastern Carolinas Commercial Real Estate is subject to verification and is not guaranteed.
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