Off Highway 17

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Off Highway 17

Hampstead, NC 28443
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land asset consisting of 12.8 acres for sale.
  • Property is situated directly off Highway 17 in Hampstead.
  • Site offers potential for large-scale retail or office development.
  • Positioned within a growing submarket in the Wilmington metro area.
  • The parcel provides significant flexibility for diverse commercial use cases.

What's Special

This 12.8-acre commercial land parcel off Highway 17 in Hampstead, North Carolina, presents a strategic acquisition for investors or developers focused on the expanding coastal corridor. Positioned within a growing suburban submarket in the Wilmington metropolitan area, the site benefits from the consistent regional growth and economic activity characteristic of the Pender County region. Its significant acreage provides substantial flexibility for various commercial applications, making it suitable for retail development, office projects, or service-oriented business centers. Buyers looking to capitalize on the increasing population density and traffic flow along this major thoroughfare will find the site location advantageous for long-term commercial utility. Given the scale of the parcel, it is well-positioned for large-scale development projects that require high visibility and connectivity to regional infrastructure. The property remains an option for those seeking to secure significant land holdings in a region experiencing ongoing commercial expansion and residential transition.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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