257 Peiffer Avenue, Wilmington, NC 28409
$2,563,000
Property Type:
Land
Lot Size (sq. ft.):
309,276
Status:
Closed
Current Price:
$2,563,000
List Date:
5/17/2024
Last Modified:
4/02/2025
Description
Cadence Realty is pleased to present Bradley Heights at Oleander, an incredible development opportunity featuring a R-5 (CD) zoned development site, which will support the construction of 61 townhome units spanning approximately 7.10 acres. Current ownership has already completed the vast majority of the necessary upfront legwork for the pre-construction process, allowing new ownership to move towards the construction phase of the development process quickly, thus reducing development risk. Currently in TRC with final TRC approval and permitting expected in April 2024, this courtyard-style townhome community allows for 61 units consisting of duplexes, triplexes, and quadplexes.
Please contact the listing agent for additional information.
More Information MLS# 100429291
Contract Info
Delayed Marketing?: No
Sub-Type: 5+ Multi-Family
List Price/Acre: 395211.27
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2024-02-23
Listing Price: 2806000
Current Price: $2,563,000
Location Information
City Limits: Yes
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 257
Street Name: Peiffer
Street Suffix: Avenue
County: New Hanover
State/Province: NC
Zip Code: 28409
Subdivision: Bradley Heights
Geo Lat: 34.205098
Geo Lon: -77.844348
Remarks and Showing
Sign on Property: Yes
Directions to Property: East of Wrightsville Beach, Right Military cutoff Rd, Left Peiffer Ave off of Oleander Drive.
Property Exterior Info
Acres - Total: 7.1
Lot SqFt: 309276
Deed Restriction: No
Waterfront: No
Total Road Frontage: 300
Waterview: No
Location Type: Mainland
Legal and Taxes
Tax Assessed Value: 96900
Deed Book: 6477
Deed Page: 1632
Legal: PT 14 BRADLEY HGTS HARNETT
Broker Owner: Yes
PID: R06211-002-004-000
Tax Identifier: R06211-002-004-000
Plat Book: 5
Plat Page: 5
Special Assessments: 0
Tax Year: 2024
Zoning: R-5 (CD)
Cobra Zone: No
Elementary School: Bradley Creek
Middle School: Roland Grise
High School: Hoggard
Current Use
Vacant: 1
Bldgs on Property
None: 1
HOA and Neigh Amenities
No Amenities: 1
Soil Evaluation
Soil Evaluation - Yes: 1
Topography
Undeveloped: 1
Fuel Tank
None: 1
Environmental Hazard
No: 1
Road Type/Frontage
Public (City/Cty/St): 1
Status Change Info
Under Contract Date: 2024-11-26
Sold Price: $2,563,000
Sold Date: 2025-04-01
Property Features
Current Use: Vacant
Bldgs on Property: None
Soil Evaluation: Soil Evaluation - Yes
Topography: Undeveloped
Fuel Tank: None
Environmental Hazard: No
HOA and Neigh Amenities: No Amenities
Listing Office:
Cadence Realty Corporation
IDX
Last Updated: April - 02 - 2025
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