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Mixed-Use Property with Multiple Buildings
For Sale
$850,000

102 Ritter Drive, Castle Hayne, NC 28429

Commercial Sale, Castle Hayne, NC

Property Size1,188 SF
Lot Size1.05 Acres
Price / SF$715.49
Days on Market47

Property Features for 102 Ritter Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning I-1
Parking features Garage, Off Street
Subdivision Wrightsboro
Lot features Corner Lot
Directions On Castle Hayne Road across from Tinga Nursery
Standard status Active
APN R03307-001-019-000
Size 1,188 SF
Lot size 1.05 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Pt Ritter
Legal Description Pt Ritter

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1913
Flooring type Lvt/lvp, Wood
Building materials Wood Siding, Wood Frame
Roof type Shingle, Metal
Listing Agency: Coldwell Banker Sea Coast Advantage-Midtown · Coldwell Banker Real Estate
Listed By: Wade S Wilson · License #253396
Added: Sep 14 Changed: Oct 22 Last Checked: Oct 30 at 4:06AM
MLS# 100603298

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This I-1-zoned mixed-use property occupies 1.05 acres and includes four separate structures. Improvements consist of a 1,400-square-foot, two-bedroom house; a 4,000-square-foot multi-use building with garage areas and a studio apartment; a 3,200-square-foot woodworking shop; and a small shed. The property also features off-street parking, garage space, central air, electric heat pump systems, public water, and septic service.

Located at 102 Ritter Drive in Castle Hayne, the site is minutes from downtown and positioned across from Tinga Nursery. Building materials include wood siding and wood framing, with a combination of metal and shingle roofing. Interior finishes include wood and LVT/LVP flooring. Cable service is available, and the improvements date to 1913.

Key Highlights

  • 1.05‑acre I‑1‑zoned mixed‑use property
  • Four buildings, including a house, multi‑use building, woodworking shop, and shed
  • 1,400‑square‑foot two‑bedroom house

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Auto Parts Store HVAC Service Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

77
Businesses Nearby

Demographics for 28429, NC

8,802
Population
3,906
Households
2.3
Avg Household Size
43
Median Age
25%
College-Educated
89%
High-School Grad
39.7 sq mi
ZIP Area
222
Density / Sq Mi
$73,259
Median Household Income
$37,337
Median Earnings
$870
Median Rent
$231,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - I-1-zoned property combines residential, workshop, garage, and studio components across a multi-building commercial site.
Where is this mixed-use property located?
The property is located at 102 Ritter Drive Castle Hayne, NC.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 1.05‑acre I‑1‑zoned mixed‑use property; Four buildings, including a house, multi‑use building, woodworking shop, and shed; 1,400‑square‑foot two‑bedroom house
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