278 Plantation Road, Wilmington, NC 28411 (MLS# 100414448)

278 Plantation Road, Wilmington, NC 28411

$2,300,000
Property Type: Land Lot Size (sq. ft.): 1,494,544 Status: Active
Current Price: $2,300,000 List Date: 11/13/2023 Last Modified: 10/13/2024

Description

Thirty-four plus acres of undeveloped land only $67,000 an acre for you to re-zone for your own use. Properties in Greenview Ranches are not marked on the ground. This property borders I-140 so it can be seen from I-140 if you use the Latitude and Longitude coordinates. Land that borders I-140 Ranch 283 2.47 Ac R02800-001-087: 34.309289-77.808661 Ranch 284 2.89 Ac R02800-001-088: 34.308705-77.805821 Ranch 285 3.61 Ac R02800-001-089: 34.307875-77.802909. These 3 borders I-140. then the 3 other parcels in this listing: Ranch 281 5.5 Ac R02800-001-108, Ranch 280 10.41 Ac R02800-001-109, and Ranch 278 10.44 Ac R02800-001-110-000. Best use of the land would be for industry, commercial, or development. This Parcel of land is going to be close to the Hampstead By-Pass. DOT has purchased lands from Gore Tract, Corbett Tract, Sidbury Land and Timber, and Sidbury Farms for the by-pass. Check out the DOT website to find the route of the by-pass. Pay attention to the development of Sidbury Road. There are a lot of investment companies holding land that fronts Sidbury Rd. This Parcel backs up to those lands. This Parcel has road frontage on I-140 but no access. Possibly access can be gained from Sidbury Road once the development starts. DOT left a R/W Easement off Stephens Church Rd. when I-140 was constructed so the Northern part of Greenview Ranches could be accessed in the future. Each ranch in Greenview Ranches has deeded R/W on plat to preserve future roadways to be built. This Parcel is a triangular parcel that adjoins the 840 Acres of Gore Tract. The R-15 zone can easily be changed. This area is being primed for development by CFPUA, New Hanover County and Duke Power in preparations for growth by adding sewer treatment plant, water wells, and power easements. Purchase now before prices start increasing in the Northern sections of Greenview Ranches.

More Information MLS# 100414448

Contract Info

Status: Active Delayed Marketing?: No Marketing Start Date: 2023-11-10 Sub-Type: Undeveloped Listing Price: 2300000 Current Price: $2,300,000 List Price/Acre: 67035.85 Stipulation of Sale: Standard

Location Information

Street #: 278 Street Name: Plantation Street Suffix: Road County: New Hanover State/Province: NC Zip Code: 28411 City Limits: No Marketing City: Wilmington Subdivision: Greenview Ranches Secondary Subdivision: N/A Geo Lat: 34.310971 Geo Lon: -77.80538

Remarks and Showing

Directions to Property: Once on I-140 coming from Hampstead heading to I-40, the property will be on the right side of I-140. You can check the Latitude/Longitude coordinates to find the land that borders I-140. Land that borders I-140 Ranch 283 North side: 34.309289-77.808661 Ranch North side: 34.308705-77.805821 The other 4 parcels are above these. Sign on Property: No

Property Exterior Info

Acres - Total: 34.31 Acres - Wooded: 34.31 Lot Dimensions: 1330.62x3437.7x2391.9 Lot SqFt: 1494544 Deed Restriction: No Total Road Frontage: 1331 Waterfront: No Waterview: No Location Type: Mainland Horses Y/N: No

Legal and Taxes

Tax Assessed Value: 237100 Deed Book: 6463 Deed Page: 2956 Legal: Northern part of Ranches 283 and 284, all of Ranches 285, 281, 280, and 278 Section 9 Greenview Ranches. Broker Owner: Yes PID: R02800-001-087-000+ Tax Identifier: R02800-001-089 Plat Book: 15 Plat Page: 19 Special Assessments: none Tax Year: 2022 Zoning: R15 Cobra Zone: No Elementary School: Porters Neck Middle School: Trask High School: Laney

Property Features

Current Use: Vacant Bldgs on Property: None Soil Evaluation: Soil Evaluation - No Topography: Undeveloped; Wooded Fuel Tank: None Environmental Hazard: Unknown Lot Description: Wooded Utilities: See Remarks HOA and Neigh Amenities: No Amenities Terms: 1031 Exchange; Cash; Conventional; Farm Credit; Federal Land Bank; Will Divide
Listing Office: Coastal Properties
Last Updated: October - 13 - 2024
278 Plantation Road, Wilmington, NC 28411- MLS# 100414448
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