MASONIC AVENUE & CEDAR POINT BLVD

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MASONIC AVENUE & CEDAR POINT BLVD SWANSBORO, NORTH CAROLINA WATERFRONT ESTATE & DEVELOPMENT OPPORTUINITY ±66.95 ACRES FOR SALE

Transcript of MASONIC AVENUE & CEDAR POINT BLVD

MASONIC AVENUE & CEDAR POINT BLVDSWANSBORO, NORTH CAROLINA

WATERFRONT ESTATE & DEVELOPMENT OPPORTUINITY

±66.95 ACRES FOR SALE

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SITE FEATURES

LAND SIZE ±66.95 acres total

PARCEL # 537411563724000 and 537411557701000

ZONING HSCD and RA

UTILITIES Municipal water and septic

LIST PRICES Call for details

TIMING Available immediately

SITE OVERVIEW ITE OVERVIEWFoundry Commercial is pleased to present approximately 66.95 acres of land located in western Carteret County within the Town of Cedar Point and along the NC Hwy 24 corridor. The site can be accessed on Masonic Ave, off NC Hwy 24 and Cedar Point Blvd and provides for scenic and secluded waterfront views on the White Oak River. The Property is also located in close proximity to Swansboro, Emerald Isle, Bogue Field Mcalf Airport, Hammocks Beach State Park, the aquarium at Pine Knoll Shores as well as numerous Crystal Coast beaches. Per the Carteret County GIS, the property is located within the Human Service Campus District (HSCD) and RA (Rural Agricultural) zoning districts within the Town of Cedar Point, which allow for a broad range of uses centered around assisted and independent living facilities for the elderly and disabled as well as recreational amenities for children and the elderly. That said, the Property is overseen by set of covenants which restrict the Property to the following uses: facilities for the elderly, a camp or retreat for children, and a retreat or meeting place for members or guests of the Masonic organization.

SUBJECT PROPERTY

DEMOGRAPHICS 1 MILE 3 MILES 5 MILES

2015 POPULATION 1,095 9,148 16,926

2020 POPULATION PROJECTED 1,148 9,855 18,462

HOUSEHOLDS 471 4,057 7,286

EST. HOUSEHOLD INCOME $50,522 $53,409 $52,510

For more information, please contact:

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

2301 Sugar Bush Road, Suite 520Raleigh, NC 27612

foundrycommercial.com

MASONIC AVE & CEDAR POINT BLVDDEVELOPMENT OPPORTUNITY FOR SALE

KARL HUDSON IV, CCIMVice President(919) 987 [email protected]

MATT GILLIAMSenior Associate(919) 987 [email protected]

SUBJECT PROPERTY

CEDAR POINT BLVD

MA

SON

IC A

VE

BODIE DR

ROYAL O

AKS CT

24

24

LOCATION

SWANSBORO

STAR HILL GOLF COURSE

EMER

ALD

DR

OLD

NC

58

SHE

RWO

OD

AVE

CEDAR POINT BLVD

GO

LFIN

DO

LPH

I N R

D

For more information, please contact:

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

2301 Sugar Bush Road, Suite 520Raleigh, NC 27612

foundrycommercial.com

MASONIC AVE & CEDAR POINT BLVDDEVELOPMENT OPPORTUNITY FOR SALE

KARL HUDSON IV, CCIMVice President(919) 987 [email protected]

MATT GILLIAMSenior Associate(919) 987 [email protected]

CONCEPTUAL SITE PLAN - The property was previously entitled for a CCRC and Senior Housing development, which consisted of approximately 246 units. Those entitlements have since expired and are merely conceptual.

SUMMARY OF PROPOSED USES

RESIDENTIAL | MULTI-FAMILY (6) Apartments @ 24 Units: 144 Units (1) Healthcare @ 32 Units: 32 Units (4) Villas @ 10 Units: 40 Units (12) Cottages @ 2 Units: 24 Units (1) Assisted Living @ 6 Units: 6 Units Total: 246 Units

For more information, please contact:

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

2301 Sugar Bush Road, Suite 520Raleigh, NC 27612

foundrycommercial.com

MASONIC AVE & CEDAR POINT BLVDDEVELOPMENT OPPORTUNITY FOR SALE

KARL HUDSON IV, CCIMVice President(919) 987 [email protected]

MATT GILLIAMSenior Associate(919) 987 [email protected]

GRADING PLAN

For more information, please contact:

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

2301 Sugar Bush Road, Suite 520Raleigh, NC 27612

foundrycommercial.com

MASONIC AVE & CEDAR POINT BLVDDEVELOPMENT OPPORTUNITY FOR SALE

KARL HUDSON IV, CCIMVice President(919) 987 [email protected]

MATT GILLIAMSenior Associate(919) 987 [email protected]

GRADING PLAN

For more information, please contact:

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

2301 Sugar Bush Road, Suite 520Raleigh, NC 27612

foundrycommercial.com

MASONIC AVE & CEDAR POINT BLVDDEVELOPMENT OPPORTUNITY FOR SALE

KARL HUDSON IV, CCIMVice President(919) 987 [email protected]

MATT GILLIAMSenior Associate(919) 987 [email protected]

THE OCTAGON HOUSE The Property features the uniqure amenity known as the Octagon House or Hill-Jones house, a 4,656 square foot historic dwelling which was constructed in 1855 prior to the Civil War. It is our understanding the house was renovated in 2004 and is commonly used as a wedding venue.

Source: Bernie Rosage, Jr.

For more information, please contact:

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

2301 Sugar Bush Road, Suite 520Raleigh, NC 27612

foundrycommercial.com

MASONIC AVE & CEDAR POINT BLVDDEVELOPMENT OPPORTUNITY FOR SALE

KARL HUDSON IV, CCIMVice President(919) 987 [email protected]

MATT GILLIAMSenior Associate(919) 987 [email protected]

PROPERTY PHOTOS

For more information, please contact:

Although the information contained herein was provided by sources believed to be reliable, Foundry Commercial makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

2301 Sugar Bush Road, Suite 520Raleigh, NC 27612

foundrycommercial.com

MASONIC AVE & CEDAR POINT BLVDDEVELOPMENT OPPORTUNITY FOR SALE

KARL HUDSON IV, CCIMVice President(919) 987 [email protected]

MATT GILLIAMSenior Associate(919) 987 [email protected]