884 Cheshire Rd Rocky Point, NC 28457

Property Details for 884 Cheshire Rd

Lot size

135.00 lot acres

Property type

Commercial real estate

APN

3224-24-8687-0000, 3224-32-0627-0000

Description

This exceptional 135-acre property in Rocky Point, North Carolina, presents a unique investment opportunity. Located in Pender County (zip code 28457) at 884 Cheshire Rd, this fee-simple land boasts a versatile RP zoning designation, allowing for various uses. Approximately half the acreage is cleared, featuring three man-made ponds with drainage. The remaining wooded area offers mature timber ready for harvesting. A roughly 4,000 square foot single-family residence, constructed with on-site timber, is situated near the road and could be repurposed as a clubhouse or farmhouse after renovation. A November 2022 wetland delineation identified only 0.62 acres of wetlands, flagged and ready for Corps of Engineers confirmation (a copy of the sketch is available). The property's strategic location between NC 133 and NC 210 provides easy access to Pender Commerce Park, US 421 Corridor employers, and major Wilmington Area employers. It's within 15 miles of I-40, area beaches, and Wilmington itself. Benefiting from its location within a federally designated Opportunity Zone, this property offers significant tax advantages. Residential Performance zoning permits 15,000 sq ft lots with septic or 12,000 sq ft lots with municipal/community water and sewer connections. Municipal water and natural gas are available at the road. The Wilmington MSA's high inbound migration and housing shortage create strong potential for significant return on investment. Showings are by appointment only. APN: 3224-24-8687-0000, 3224-32-0627-0000. Asking price: $2,450,000.

Location Insight

City

Rocky Point

County

Pender

State

North Carolina

Longitude

-77.9266768

Latitude

34.4175184