9 months on rocket

710 N Kerr Ave, Wilmington, NC, 28405

$2,400,000

2.11 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeRetail
WaterfrontNone
MLS #100427468
Lot Size2.11 Acres
StatusActive

About 710 N Kerr Ave

This 2.11 Acre hard corner is located at the North East Intersection of North Kerr Ave and New Centre Drive in Wilmington NC. With Traffic Counts +/- 30,000 ADT and potential Right In and Right Out access on to North Kerr from the site provides additional value! The NCDOT has plans (no date for delivery) to do an overpass at the intersection of N Kerr and MLK Parkway (see photos for design). So this property will be the last intersection prior to the on and off ramps.This site is rectangular in nature with the short side on North Kerr and the length along New Centre. Property has residential structures on site, no value placed on the structures.Property is boarded by three roads, New Center, N Kerr and Marjoram Way. These roads provide interconnectivity for this site in ways other hard corners cannot. Easy access to the multifamily in the area, the site lends its self well for gas/convenience stores, or two tenants sharing the site could work as well. Small Strip Center or Office Park as well would make excellent use of this location.Site would need to be rezoned. Currently zoned R-15.

Property Details

Property Features

Listing Office:

  • Office Name: Eastern Carolinas Commercial Real Estate

Exterior Features

Exterior Information:

  • Waterfront: None

Lot Features

Lot Information:

  • Lot: Corner Lot, Wooded
  • Lot Size: 2.11 Acres

Other

Directions Information:

  • Directions: Head toward Wilmington.Turn onto US-74 W / Martin Luther King Jr Pkwy toward Downtown / Wilmington / US-74 West.Turn left onto N Kerr Ave.Turn left onto New Centre Dr.Arrive at 710 N Kerr Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,400,000

Tax Information:

  • Annual Amount: $1,737
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Wilmington, NC.

Med. Sold Price

$425.5K

Med. Price/SqFt

$244

Avg. Days On Market

44

# of Sold Homes

265

710 N Kerr Ave vs Wilmington

276 DAYS ON ROCKET

+232 Days

$2,400,000

+$1.9M More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100427468

Listing Office:

  • Office Name: Eastern Carolinas Commercial Real Estate

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,737$164,900
2019$1,737$164,900
2018$1,737$164,900
2017$1,831$164,900

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,262

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-500796
2
/10
  • Rachel Freeman School of Engineering

  • 2601 Princess Place Dr

  • 1.48 miles

  • Public Magnet Grades KG-5

school-card-donut-500797
3
/10
  • College Park Elementary School

  • 5001 Oriole Dr

  • 1.72 miles

  • Public District Grades KG-5

school-card-donut-500798
3
/10
  • Annie H Snipes Academy of Arts & Design

  • 2150 Chestnut St

  • 1.97 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,104. The majority of Wilmington, NC residents have income less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 710 N Kerr Ave

What is the listing price of this property?

The listing price of 710 N Kerr Ave property is $2,400,000.

What type of property is this?

The property 710 N Kerr Ave is land located in Wilmington, North Carolina, 28405.

Is this property for sale now?

Active Listing: 710 N Kerr Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,737 (source: MLS/based on county public records data).

How much acreage is this property?

The property 710 N Kerr Ave is 2.11 acres.
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Rocket HomesNorth CarolinaNew Hanover CountyWilmington28405710 N Kerr Ave

This home is located at 710 N Kerr Ave in Wilmington, NC and zip code 28405 in the North College neighborhood. This home sits on a 2.11 acre lot. It has been listed on Rocket Homes since February 14, 2024 and is currently priced at $2,400,000.

Wilmington, NC housing market in October 2024 saw over 46 listings sold above listed price, more than 66 sold at listed price and over 153 sold below. The number of homes for sale in Wilmington, NC increased by 3.5% between September 2024 and October 2024. In October 2024 median list price was $425,528 and the average listing age was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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