This month’s featured listing is a two-acre lot of land for sale in Castle Hayne, North Carolina. This property is B2 zoned; therefore, the land can be used for commercial purposes. It has excellent access to I-40 right off Holly Shelter Road. There are 190 front feet on Las Tortugas Drive. The location and zoning of this property make it a great commercial real estate opportunity. 

About the Property

The property is 87,120 square feet and is currently listed for $349,000. The lot’s depth is 469 feet and the width is 190 feet. It is subject to easements, covenants, and restrictions for Island Park.

About the Area

Castle Hayne is a suburb of Wilmington, North Carolina. The lot is only 20 minutes from Wrightsville Beach and Downtown Wilmington. It is within New Hanover County. Conveniently, the land is just off I-40 making it an ideal location for a small business targeting travelers. 

Investing in Land

By purchasing an investment property, you can generate more revenue than more traditional investments, such as stocks or bonds. Land is an appreciating asset; therefore, it will likely increase in value over time. It’s also a great way to diversify your assets. This property is an excellent opportunity to build your portfolio. For more information, please see the listing or contact the listing agent, Jack Kilbourne. He will gladly be able to help you schedule a showing of this incredible lot of land.