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FOR SALE $4,584,900 Coldwell Banker Commercial SunCoast 1430 Commonwealth Drive, Suite 102 Wilmington, NC 28403 www.cbcsuncoast.com T: 910-350-1200 F: 910-350-0925 For More Information Contact: 1217 & 1219 North Kerr Avenue Wilmington, NC 28405 Property Description: 13 +/- acres available for redevelopment Highest & Best Use multi family or commercial, which will require rezoning. Seller agrees to cooperate with rezoning efforts prior to closing. Scheduled DOT interchange will result in high visibility from the MLK and Kerr Ave intersection, with traffic counts over 40,000 VPD. This property has access to Smith Creek into Cape Fear River. Potential for water recreational activities. Inquire about adjacent parcels which may also be available. Acres: 13+/- Sale Price: $4,584,900 Zoning: R-15 LAND PROPERTY INFORMATION © 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to the accuracy of the information. Alexis Milas 910-777-9906 [email protected] consulting with: Jonathan W Washburn Attorney / Broker / MBA / CCIM

Retail / Mixed Use Development Site at Exclusive Intersection

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Page 1: Retail / Mixed Use Development Site at Exclusive Intersection

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

FOR SALE $4,584,900

Coldwell Banker Commercial SunCoast 1430 Commonwealth Drive, Suite 102

Wilmington, NC 28403 www.cbcsuncoast.com

T: 910-350-1200 F: 910-350-0925

For More Information Contact:

1217 & 1219 North Kerr Avenue Wilmington, NC 28405

Property Description:13 +/- acres available for redevelopmentHighest & Best Use multi family or commercial, which will require rezoning. Seller agrees to cooperate with rezoning efforts prior to closing.

Scheduled DOT interchange will result in high visibility from the MLK and Kerr Ave intersection, with traffic counts over 40,000 VPD. This property has access to Smith Creek into Cape Fear River.

Potential for water recreational activities. Inquire about adjacent parcels which may also be available.

Acres: 13+/-

Sale Price: $4,584,900

Zoning: R-15

LAN

D

PROPERTY INFORMATION

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

Alexis Milas 910-777-9906 [email protected]

consulting with: Jonathan W Washburn Attorney / Broker / MBA / CCIM

Page 2: Retail / Mixed Use Development Site at Exclusive Intersection

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

AERIAL MAP

Page 3: Retail / Mixed Use Development Site at Exclusive Intersection

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

1-3-5 MILE RING MAP

Page 4: Retail / Mixed Use Development Site at Exclusive Intersection

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

DEMOGRAPHICS

DEMOGRAPHICS-ONE MILE

Page 5: Retail / Mixed Use Development Site at Exclusive Intersection

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

DEMOGRAPHICS

DEMOGRAPHICS-THREE MILES

Page 6: Retail / Mixed Use Development Site at Exclusive Intersection

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

DEMOGRAPHICS

DEMOGRAPHICS-FIVE MILES

Page 7: Retail / Mixed Use Development Site at Exclusive Intersection

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

DRIVE TIME MAP

Page 8: Retail / Mixed Use Development Site at Exclusive Intersection

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

5 MINUTE DRIVE TIME AREA

MARKET PROFILE

Page 9: Retail / Mixed Use Development Site at Exclusive Intersection

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

MARKET PROFILE

10 MINUTE DRIVE TIME AREA

Page 10: Retail / Mixed Use Development Site at Exclusive Intersection

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

MARKET PROFILE

15 MINUTE DRIVE TIME AREA

Page 11: Retail / Mixed Use Development Site at Exclusive Intersection

© 2017 Coldwell Banker Real Estate LLC, dba Sun Coast Partners. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Sun Coast Partners fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, Sun Coast Partners. All information contained herein has been obtained from sources deemed reliable. However, no warranty or

guarantee is made as to the accuracy of the information.

WILMINGTON MSA, NC

POPULATION OF MSA 268,000

HOUSEHOLDS IN MSA 111,546

UNEMPLOYMENT RATE OF MSA 5.30%

HOUSEHOLD MEDIAN INCOME $52,655

OFFICE RETAIL MF INDUSTRIAL

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