198 Magnolia Extension, Kenansville, NC 28349 (MLS# 100450901)

198 Magnolia Extension, Kenansville, NC 28349

$780,000
Property Type: Land Lot Size (sq. ft.): 363,290 Status: Active
Current Price: $780,000 List Date: 6/18/2024 Last Modified: 6/03/2025

Description

198 Magnolia Extension is a 8.336+ ACRE tract zoned GC in the front and R-10 in the rear. The property is near all amenities in the town including being adjacent to the local SECU, State of NC Vocational Rehab, and Employment Security offices. It is near James Sprunt Community College, the County Events Center and the USDA Federal Office complex as well as many other county offices on Magnolia Extension. Property can be subdivided with one acre on Magnolia Ext. zoned General Commercial. The General Commercial District is intended to accommodate a wide range of residential, commercial establishments and professional offices that provide goods and services to the residents of Kenansville and the surrounding area, as well as transient visitors. This district is meant to be applied to the following distinct areas: 1) areas adjacent to major thoroughfares and in locations that will not adversely impact nearby residential development, 2) areas in close proximity to residential areas to encourage and accommodate pedestrian travel to obtain convenience goods and services and 2) areas adjacent to major transportation arteries. The property has Town of Kenansville water and sewer available. A Flow Tracking/Acceptance for Sewer Extension has been applied for with the Town of Kenansville and acceptance is expected. Access to the property is from Magnolia Extension, a State maintained road. Access is also available on Old Warsaw Road into the rear of the site that is ideal for multi family development. The property is cleared and level and ready to build.

More Information MLS# 100450901

Contract Info

Delayed Marketing?: No Sub-Type: Undeveloped List Price/Acre: 93525.18 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2024-06-17 Listing Price: 780000 Current Price: $780,000

Location Information

City Limits: Yes Marketing City: Kenansville Secondary Subdivision: N/A Street #: 198 Street Name: Magnolia Extension County: Duplin State/Province: NC Zip Code: 28349 Subdivision: Not In Subdivision Geo Lat: 34.952846 Geo Lon: -77.975118

Remarks and Showing

Sign on Property: Yes Directions to Property: From I40 take exit 373 towards Kenansville. Take hwy 903 to the stop light. Turn left on to hwy 11 and continue towards the town of Kenansville for one mile and the property will be on the left.

Property Exterior Info

Acres - Total: 8.34 Lot SqFt: 363290 Deed Restriction: No Waterfront: No Total Road Frontage: 465 Waterview: No Location Type: Mainland

Legal and Taxes

Tax Assessed Value: 150000 Deed Book: 2055 Deed Page: 146148 Legal: As described at deed book 2055 page 146 of the Duplin County registry. Broker Owner: Yes PID: 13-2377-1 Tax Identifier: 13-2377-1 Plat Book: None Plat Page: None Special Assessments: None Known Tax Year: 2024 Zoning: GC/R10 HOA: No Cobra Zone: No Elementary School: Kenansville High School: James Kenan

Bldgs on Property

None: 1

Soil Evaluation

Soil Evaluation - No: 1

Topography

Cleared: 1 Level: 1 Undeveloped: 1

Lot Water Features

None: 1

Current Service Providers

Electric Provider: Duke Energy Internet Service Provider(s): Spectrum/Brightspeed Natural Gas Provider: Piedmont Natural Gas Co. Sewer Provider: City/Town Water Provider: Town of Kenansville

Terms

1031 Exchange: 1 Build to Suit: 1 Cash: 1 Conventional: 1 Farm Credit: 1 Lease Purchase: Lease Purchase, Lease Purchase Will Divide: 1 Will Lease: 1 Lease Purchase: 1

Fuel Tank

None: 1

Environmental Hazard

No: 1

Lot Description

Development: 1 Level: 1

Road Type/Frontage

Maintained: 1 Paved: 1 Public (City/Cty/St): 1

Utilities

Cable Available: 1 Natural Gas Available: 1 Phone Available: 1 Sewer Available: 1 Water Available: 1

Sewer

Municipal Sewer: 1

Water Source

Municipal Water: 1

Property Features

Bldgs on Property: None Soil Evaluation: Soil Evaluation - No Topography: Cleared; Level; Undeveloped Fuel Tank: None Environmental Hazard: No Lot Description: Development; Level Utilities: Cable Available; Natural Gas Available; Phone Available; Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Lot Water Features: None Terms: 1031 Exchange; Build to Suit; Cash; Conventional; Farm Credit; Will Divide; Will Lease
Listing Office: United Country Draughon Realty
IDX
Last Updated: June - 03 - 2025
Copyright 2024 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.