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,… Read More 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) Read Less
Courtesy of Michael Braton, Maritime Realty Corporation
Listing Snapshot
Days Online
280
Last Updated
Property Type
Other
Square Ft.
5,850
Lot Size
4.56 Acres
Year Built
2026
MLS Number
100551627
Additional Details
Property Access
Road frontage type: City Street, State Road, Paved, Unpaved, Road surface type: Paved
Building
Built in 2026, Toal building area: 5850
Water Features
None
Heating
Electric
Home Owner's Association
Association amenities: None
Lot
4.56 acres, 198,634 sqft, See Remarks
Property
Zoning: B-1
Taxes
Year: 2025
Utilities
Water Available
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of . All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Maritime Realty Corporation shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data.
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