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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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2725 Castle Hayne Rd , Wilmington, NC 28401
$1,100,000
Est. Payment: $2,444.44/mo
0 Bed
0 Bath
5850 Sqft
Status: Active | Days on site: 217
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House Description

Exceptional Multi-Use Development Opportunity on Castle Hayne Road Discover a prime 4.56-acre property perfectly situated for both commercial and residential development along bustling Castle Hayne Road. Featuring approximately 1.7 acres of B-1 zoned land with 300 feet of road frontage, this site offers excellent visibility. Behind the commercial frontage, you'll find 2.6 acres of R-20 zoned vacant land, providing endless possibilities for development. Adding value to this offering, the seller is completing a new 3,100 sqft warehouse designed for efficiency. The warehouse boasts two 12'x12' roll-up doors, a spacious 1,200 sqft office area, which includes two private offices, a conference room, kitchenette, and ADA-compliant restrooms. The property also features three residential rental units: a single-family home and a duplex, with one currently occupied. Note that viewing the interiors of these homes requires an accepted agreement. One unit of the duplex currently has a month to month lease at $1200/month. Warehouse has a 1 year lease at $3000/month. While the property is primarily marketed for its commercial warehouse and land value, the existing rental income adds a beneficial revenue stream during the planning and development phase. The dual zoning allows for integrated business operations along Castle Hayne Road while accommodating appropriate residential use on the back property. There is potential for sub-dividing, and the seller is open to discussing various options. Homes are being sold as-is, with square footage estimates provided by the owner that have not been verified. This ideal location is just minutes from the I-40 bypass, Downtown Wilmington, ILM Airport, and the rapidly developing Castle Hayne area. This sale includes three parcels (2723, 2725, and 2727 Castle Hayne Road)

Highlights

Listed by Michael Braton , 910-200-6783 Maritime Realty Corporation , 910-200-6783.

Property Type

Commercial Sale

Lot/Acreage
4.56

Year Built

2026

County

New Hanover

Neighborhood

Not In Subdivision

Listing ID

100551627

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:See Remarks,Outside City Limits
Lot Dimensions:varies
Zoning:B-1
Principal Interest
$2,444
Taxes
$701

Home Price

$1,100,000

Loan Details

30 yrs
%

Down Payment

20%
$220,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,444.44 $701.25 $0.00 $3,145.69
Yearly $29,333.33 $8,415.00 $0.00 $37,748.33
Total $880,000.00 $252,450.00 $0.00 $1,132,450.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Wilmington, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.