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5615 Bavarian Ln Wilmington, NC 28405

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For Sale
$1,800,000

Two-acre commercial land opportunity near Wilmington MSA.

Lot size:
2.00 Acres

Property Features for 5615 Bavarian Ln

General Information

Lot size
2.00 Acres

Source: Eastern Carolinas Commercial Real Estate Agent Nicholas Silivanch

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Prime Land in Murrayville, NC

This is a rare opportunity to acquire 2 acres in Murrayville, North Carolina, a submarket of the Wilmington Metropolitan Statistical Area. The tract comprises three contiguous parcels under single ownership, bordered by Owl Lane to the west and a Walgreens to the east, situated one lot from the intersection of Murrayville Road and North College Road. Nearby are Circle K, Lowes Food, PNC Bank, Dunkin Donuts, FitForLife, BP gas, and Northside Church. Bavarian Lane merges with North Kerr to the west, leading to industrial parks, while the Murrayville/Ogden neighborhoods lie to the east. To the north are Laney High School and the communities of Northchase and Castle Hayne. Rezoning is required for commercial uses. A residence currently exists on the property, fenced off for privacy by the owner. The owner will remove unwanted buildings, trailers, and fences. Utilities are located to the north, between the northern parcel and Northside Church. The site currently uses a septic system. A 2019 update to the zoning codes introduced newer commercial districts like the Community Business (CB) and Commercial Services (CS) zones. Traffic counts for North College are 26,434, and for Bavarian Lane, 14,345. The site is suitable for retail, hospitality, office space, or small multifamily development. Potential access to North College via a cross-access easement with Walgreens may benefit the site.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Wilmington
County
New Hanover
State
North Carolina
Longitude
-77.8727029
Latitude
34.2891148

FAQs

What type of property is this?
Commercial land - Two-acre commercial land opportunity near Wilmington MSA.
Where is this commercial land located?
The property is located at 5615 Bavarian Ln Wilmington, NC.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: - Prime location in Murrayville, NC, near the intersection of Murrayville Rd and N College Rd, offering high visibility and accessibility.; - High traffic counts on N College Rd (26,434) and Bavarian Lane (14,345), providing excellent exposure.; - 2-acre tract comprised of three contiguous parcels with a single owner, offering flexibility in development.
More about this property
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