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Prime Acreage for Development or Venue
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884 Cheshire Rd, Rocky Point, NC 28457

135-acre parcel suitable for residential development, farm, or venue.

Property Size4,000 SF
Lot Size135.00 Acres
Days on Market857

Property Features for 884 Cheshire Rd

General Information

Standard status Pending
Size 4,000 SF
Lot size 135.00 Acres
Property subtype Land
Zoning RP
Listing Agency: Nest Realty Wilmington
Listed By: Eric Knight · License #NC 278908
Source: Crexi
Added: Apr 16, 2024 Changed: Aug 14 Last Checked: Aug 14 at 5:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nest Realty Wilmington

Investment Insights

Based on property information with market context.

This +/-135-acre parcel is suitable for residential development, a working farm or ranch, a wedding venue, and more. Approximately half of the acreage is cleared and includes three man-made ponds with drainage, while the wooded half is ready for timbering. A +/- 4,000 square foot single-family residence, custom-built with timber harvested from the site, is located close to the road frontage and could be renovated into a neighborhood clubhouse or farm homestead. A field wetland delineation performed in November 2022 found sparse wetlands totaling only 0.62 acres, which are now flagged and ready for Corps of Engineers confirmation. The property is situated between NC 133 and NC 210, providing easy access to the Pender Commerce Park and other employers in the US 421 Corridor. It is also within 15 miles of most major Wilmington Area employers, with easy access to I-40, area beaches, and Wilmington proper. The subject is located within a federally designated Opportunity Zone. Residential Performance zoning allows for 15,000 square foot lots with septic by-right and 12,000 square foot lots with connection to municipal or community water and sewer systems. Municipal water is available via an 8" main at the road frontage, and natural gas is also available at the road frontage. The Wilmington MSA has been experiencing a housing shortage.

Key Highlights

  • 135‑acre parcel prime for residential development, farm/ranch, or wedding venue.
  • Located in a federally designated Opportunity Zone, offering favorable tax benefits.
  • Residential Performance zoning allows for by‑right development of 15,000sf lots with septic.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Discount Store Food Market Farmer's Market Department Store

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

8
Businesses Nearby

Demographics for 28457, NC

11,008
Population
4,799
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
86%
High-School Grad
147.4 sq mi
ZIP Area
75
Density / Sq Mi
$66,860
Median Household Income
$39,490
Median Earnings
$866
Median Rent
$233,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 135-acre parcel suitable for residential development, farm, or venue.
Where is this residential land & home lot located?
The property is located at 884 Cheshire Rd Rocky Point, NC.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 135‑acre parcel prime for residential development, farm/ranch, or wedding venue.; Located in a federally designated Opportunity Zone, offering favorable tax benefits.; Residential Performance zoning allows for by‑right development of 15,000sf lots with septic.
(910) 367-2253 Call to check price and availability
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