36.6+/- Acres - Hoover Road Assemblage

1585 Hoover Rd Hampstead, NC 28443

1585 Hoover Rd, Hampstead, NC, 28443
1585 Hoover Rd, Hampstead, NC, 28443 1585 Hoover Rd, Hampstead, NC, 28443 1585 Hoover Rd, Hampstead, NC, 28443 1585 Hoover Rd, Hampstead, NC, 28443 1585 Hoover Rd, Hampstead, NC, 28443 1585 Hoover Rd, Hampstead, NC, 28443
FOR SALE
Property Type:
Multifamily Land
Amount:
$6,250,000
Last Verified:
Dec 07, 2023


Description

An assemblage of four, contiguous, parcels for sale with over 730 feet of frontage along Hoover Road. Totaling 36.6+/- acres, these parcels are 1.5 miles from US Hwy 17 and situated at the Hoover Road interchange of the first section of the Hampstead Bypass, which is scheduled to be completed in late 2026 or early 2027. Though currently zoned Residential Performance, the Pender County Future Land Use Plan recognizes these four parcels as Regional Mixed Use, which has a development density allowing for up to 15 units per acre for multi-family residential development and up to 10 units per acre for single family residential development. There is a cell tower lease in place on Parcel 3283-85-2349-0000.

Parcel 1 - PIN:3283-86-5685-000L (10.82+/- acres)

Parcel 2 - PIN:3283-86-7457-0000 (1.0+/- acres)

Parcel 3 - PIN:3283-86-4006-0000 (15.01+/- acres)

Parcel 4 - PIN:3283-85-2349-0000 (9.77+/- acres)

Located 1.5 miles from US Hwy 17 and situated at the Hoover Road interchange of the first section of the Hampstead Bypass, which is scheduled to be completed in late 2026 or early 2027.

Hampstead has been experiencing an increase in its population, partly due to people seeking a coastal lifestyle, retirees looking for a milder climate, and families attracted to the area's natural beauty and recreational opportunities. The construction of new residential developments, including single-family homes, townhomes, and condominiums, has been on the rise and contributing to Hampstead's growth.

Hampstead's convenient location near Wilmington provides residents with easy access to shopping, dining, and entertainment options. Wilmington International Airport is also within a reasonable driving distance, making travel accessible.


Year Built: 1978
Building Size: 1814sq ft
Lot Size: 36.6 acres


Documents

1585 Hoover Rd_Hampstead_SCPC.pdf

Map of 1585 Hoover Rd, Hampstead, NC, 28443

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