$314,000
$375,000
16.3%For more information regarding the value of a property, please contact us for a free consultation.
6,534 Sqft Lot
SOLD DATE : 06/06/2025
Key Details
Sold Price $314,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 100455227
Sold Date 06/06/25
Annual Tax Amount $482
Lot Size 6,534 Sqft
Acres 0.15
Source Hive MLS
Property Description
Ready to build .15 acre corner lot on castle street is just one block from the new 98 Apartment 4,200 SF retail complex Midcastle. The property is zoned UMX which allows for high density mixed use. The current owner intended a 16 unit apartment building with a 900 SF retail space. The lot is located between the rapidly developing Cargo District and Castle street's busy retail and residential district. Opportunity zone tax benefits are available for the developers of this parcel.
Location
State NC
County New Hanover
Community Not In Subdivision
Zoning UMX
Direction Castle and 13th
Location Details Mainland
Rooms
Other Rooms None
Schools
Elementary Schools Snipes
High Schools New Hanover
Others
Tax ID R05406-023-023-000
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
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