5523 Greenville Loop Road Wilmington, NC $ 2,495,000
5523 Greenville Loop Road
$ 2,495,000
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5523 Greenville Loop Road

Wilmington, NC, 28409
$ 2,495,000
Baths0.0

Monthly Estimate*

$ 17,428

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Studio

Lots and Land for sale in Wilmington, NC

for $2,495,000. The lot size is 7.56.

One of a kind opportunity for redevelopment in the Greenville Loop corridor. Subject property, currently operating as a grandfathered full-service kennel, consists of 7.56 acres with a total of six buildings and containing approximately 8700 sq ft. Currently zoned R-15. Highest and best use is residential with potential for conditional re-zoning to achieve greater density. Site could also be ideal for the equine enthusiast who desires to have their own riding facility in the center of town. There are not adverse soil conditions that the seller is aware of, although the southwestern corner is in portion of a flood zone. The parcel has 550 feet of road frontage along Greenville Loop Road. There are six primary building improvements to the site. They are a single family dwelling with a debris filled in-ground pool, a main kennel building, secondary kennel building, a converted well house to aviary building, a four-stall horse stable with a storage area and a grooming building. Other site improvements include a cat gazebo, a pond, chain link fencing and perimetermasonry/concrete wall with horse pastures encompassing approximately one half of the total site area.

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Lots and Land Pending

Price

$ 2,495,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Horse Farm

Lot Size

7.56

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100423600

Features
Exterior
Lot Description Corner Lot
Waterfront No
Water Frontage 0.00
Fencing Block Full
Lot Dimensions 550x568x530x658
Soil Evaluation Soil Evaluation - No
Acres 7.56
Buildings on Property Covered Area Horse Facilities Main House Stable Storage Buildings
Road Type/Frontage Paved Public (City/Cty/St)
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General
Utilities Cable Available Municipal Sewer Municipal Water
Possession At Closing
current use Commercial Horses Residential
Zoning R-15
Subdivision Greenville Loop
Topography Cleared
County New Hanover
Stipulation of Sale None
Property Type B
HOA No
Terms 1031 Exchange Cash Conventional Farm Home Admin
Tax Year 2024
Lot Sqft 329314.00
Days on Market 9
City Limits Yes
Sub-Type Horse Farm
Waterview No
City Wilmington
Middle School Roland Grise
Street Name Greenville Loop
High School Hoggard
HOA and Neigh Amenities No Amenities
Elementary School Winter Park
Location Type Mainland
Selling Member Name The Rising Tide Team
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Interior
Street Suffix Road
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* Excluded Features
List By
Ed H Wagenseller

Listing Agent

Keller Williams Innovate-Wilmington

Broker

ewagenseller@gmail.com

Email

Affordability Calculator

$17,428
Per Month
100%
0%
0%
Monthly Principal & Interest
$17,428
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
3960069 Elementary School
3959148 Middle School
Hoggard High School High School
Pricing History
DatePricePrice ChangeDescription
1/23/2024$2,495,000 Listed Price

Map


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5523 Greenville Loop Road, Wilmington, NC, 28409 is a Lots and Land for sale at $2,495,000 with a lot size of 7.56. 5523 Greenville Loop Road is a studio with 0.0 baths. The property's zip code is 28409 which is in Wilmington, NC