$196,000
$152,940
28.2%For more information regarding the value of a property, please contact us for a free consultation.
0.7 Acres Lot
SOLD DATE : 03/18/2022
Key Details
Sold Price $196,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 100301933
Sold Date 03/18/22
HOA Y/N Yes
Originating Board North Carolina Regional MLS
Lot Size 0.700 Acres
Acres 0.7
Property Description
Commercial development land in the heart of Southport's primarily commercial/retail area, serving the Southport waterfront and beaches of Bald Head Is, Oak Is, Caswell Bch as well as the community of St James. Permitted uses include auto sales, service and leasing, boat sales and service, various types of retail, restaurant and office.
+/-198 Feet road frontage on N. Howe St / Route 211
Additional Signalized access shared with Walmart Super Center
Offering includes 3BR/1BA house currently rented for $500/mo
23,000 Vehicles per day on N. Howe; NC DOT is widening N. Howe from two to four lanes which will increase traffic counts and access. To do this, they will be taking some subject property frontage. NC DOT will pay Owner $65,000 for this taking. If these funds are awarded prior to settlement, they will be retained by seller.
Zoning: HC, Hwy Commercial
Natural Gas, Water and sewer available
3 Mi. to NC Bch
City of Southport sewer pump station located immediately to the rear of Property
Also available in this auction: two additional, adjacent parcels! Assemble up to +/-6.95 contiguous development acres! Each contains an additional rental house, for a total of three on the entire assemblage.
MLS #100301931 is being sold in combination with this offering only.
MLS# 100301934 and 100301936 are adjacent and being auctioned separately.
PLEASE NOTE: The sale and purchase of this offering is being sold subject to and must convey with appurtenant access easements being conveyed and/or established, to the extent not already in place in the Brunswick Co ROD. Listing Broker will assist with more complete Auction Terms and Conditions.
Location
State NC
County Brunswick
Community Not In Subdivision
Zoning HC
Direction East side of NC 211 across from Walmart and to the left of Murphy Express gas/convenience store.
Exterior
Utilities Available Municipal Sewer, Municipal Water, Natural Gas Available
Waterfront No
Waterfront Description None
Schools
Elementary Schools Southport
Middle Schools South Brunswick
High Schools South Brunswick
Others
Tax ID 2210002601
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
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