Residential Land For Sale

Picture of Residential Land For Sale in Wilmington, North Carolina, United States

$2,190,000

5503 Myrtle Grove Rd
Wilmington, North Carolina, United States

Listed By: Realtyww Info

Listed On: 05/22/2023

Listing ID: GL10445511 View More Details

Description

Property presented for sale by HHandW. Discover for yourself why HHandW is The Locals' Choice for Wrightsville Beach real estate. For more information or to schedule your private showing, please contact Randall Williams of HHandW (cell) or (office). 14+/- Acres now available for purchase on Myrtle Grove Road. This multi-parcel opportunity includes the locally renowned workshop of T.N Simmons, founder of the famed Simmons Sea Skiff. Tract includes (6) parcels providing approximately 14 Acres and 547Ft of direct frontage along Myrtle Grove Road. Existing structures: 3BR/1BA residential dwelling; 2BR/1BA residential dwelling; Three woodworking shops; One glassmaker shop. Total existing leases gross over $50, 000 annually. New Hanover County Zoning is currently R-15. Maximum development yield may be achieved through NHC ''performance residential'', allowing 2.5 Units per Acre.

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Listed by: Hardee Hunt Williams