The combination of 1102 and 1110 Chestnut street results in a combined .78 acres (33,675 square feet) for a large development project. This property is located in Soda Pop District and is zoned Urban Mixed Use zoning district. This location has the road frontage on Chestnut Street of 231 feet… Read More and road frontage on 11th street of 129 feet. . This location is ideal for a mixed use, multi-family, residential or commercial project.The seller has gone through a great deal of work to get this site ready for someone to build. The survey is included in the provided documents. Seller have gone through the environmental inspection process and can provide a detail record to assist in expediting a new project. This is a great location for a stand alone project or could work into a development plan for the surrounding area. Read Less
Courtesy of Jeffrey G Hovis, Intracoastal Realty Corp
Listing Snapshot
Days Online
117
Last Updated
Property Type
5+ Multi-Family
Lot Size
0.77 Acres
MLS Number
100490623
30 Days Snapshot Of 28401
$389k
-10%
(avg) sold price
35
+12%
homes sold
68
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Type/Frontage: Paved, Public (City/Cty/St)
Disclosures
No
Fence
Brick, Wood, Partial
Home Owner's Association
HOA: No, HOA Amenities: No Amenities
Lot
33,541 sqft lot, Lot Dimensions: 231 x 184 irregular, 0.77 total acre, 0.77 cleared acres, Lot Description: Corner Lot, Lot Water Features: None, Topography: Cleared
Tax Assessed Value: $290,000, Property Taxes: $2,524, County Taxes: $2,524, City Tax Rate: 60976068, Deferred Taxes: No, Tax Year: 2024
Utilities
Natural Gas Available, Sewer Available, Water Available, Sewer Provider: Cape Fear Public Utility Authority, Electric Provider: Duke Progress Energy, Water Provider: Cape Fear Public Utility Authority, Fuel Tank: None
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