Townhome Development Site

1065 Old Folkstone Road Sneads Ferry, NC 28460

1065 Old Folkstone Road, Sneads Ferry, NC, 28460
1065 Old Folkstone Road, Sneads Ferry, NC, 28460
FOR SALE
Property Type:
Multifamily Land
Amount:
$1,500,000
Last Verified:
Dec 10, 2024

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Description

Perfect Location close to the Old Folkstone Road / NC Highway 210 intersection in Sneads Ferry with flexibility on potential uses. Conservatively estimated to be able to hold a 60+ unit Townhome site, double-loaded road as Residential Development in an exploding market area where residential units can't be built fast enough to keep up with the demand. Previously approved by Special Use Permit by Onslow County for a 20,000+/- SF Brewery Production & Distribution Facility with a Tap Room and accompanying parking and stormwater. *Owner found an existing facility that met their immediate needs and no longer plans to build at this site.

Survey, Topo Survey, Wetlands Survey, Phase I, Geotech Report, Multiple Site Plans and Approved Special Use Permit are in the attachments.

Sneads Ferry is undergoing significant expansions within their Commercial corridors of Old Folkstone, NC Highway 210 and NC Highway 172 and this site is essentially right in the heart of these growth areas.

North Shore Village plans to add an additional 12,000 SF of multi-tenanted retail and the existing building is currently under renovation and will be anchored by Voodoo Brewing, Co. Topsail Way Shopping Center (Food Lion anchored) is slated to go through a 12,000 SF expansion in 2025. North Topsail Landing (located on NC Highway 210 in between Old Folkstone and NC-172), which will be a large grocery anchored center with multi-tenanted in-line retail, has recently broken ground starting with its Hotel Site.

Lot Size: 17.06 acres


Documents

1065 Old Folkstone Rd Topo.pdf
1065 Old Folkstone Rd Commercial Site Plan.pdf
1065 Old Folkstone Rd 21 10,000 SF Min Lots.pdf
1065 Old Folkstone Rd Geotech Report.pdf
1065 Old Folkstone Rd Phase I EA 1.21.22.pdf
1065 Old Folkstone Rd Special Use Permit.pdf

Map of 1065 Old Folkstone Road, Sneads Ferry, NC, 28460

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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