258 Plantation Rd, Wilmington, NC 28405

Property Description

Great 1031 Exchange. Seller wants to close before the end of the year. The UDO for the County was just approved. It will make it easier for developers and investors to get approved through the County Planning Board. The County has spent money on the Sewer and Water systems and are wanting Greenview Ranches to be developed. Atrium Hospital has purchased the 65 Acre Commercial Property between Military Cutoff Extension and Crooked Pine Rd. Water and Sewer is now available in Greenview Ranches South of I-140. Hampstead By-Pass is being constructed at Military Cutoff Extension and I-140. Opportunity to own 5.5 acres in Northern part of New Hanover County. Greenview Ranches was a subdivision that was mapped out and recorded but never developed. Military Cutoff Extension opened up 2000 acres of raw land in New Hanover below and above Highway I-140 and stretches from end of Murrayville Rd. to Porters Neck. Infrastructure in place: 95' T-Mobile Cell Tower approved by County Commissioners to be constructed on corner of Service Rd and Plantation Rd., Duke Power lines, Fiber Optic Cable and Internet, Crooked Pine Water Project, and CFPUA Sewer pipes. Main Force Sewer in the area will be on a cost basis. There is a huge developer ready to build homes on 91 acres. Buy clusters of other properties located adjacent to this 5.5 acres to build a small subdivision or a business. Approved by County Commissioners will be an assisted living facility just as you come off Military Cutoff Ext on to Plantation Rd. Make your offer now. Great investment in the future of the development of Greenview Ranches. Location: From Market St take Military Cutoff Ext towards I-140 exit on to Service Rd just before the loop to I-140 and the construction of Hampstead By-Pass. Take the service road to Plantation Rd. Property is located on the left side. Count 2 parcels over from the service road and like the Knight piece in Chess go two parcels up and one over to the right. This 5.5 acre parcel is the one over. See attached map.