1098 Hoover Rd - Specialty FOR SALE


Hampstead, NC 28443
$1,100,000 USD
910-509-0863
1098 Hoover Rd, Hampstead, NC for Sale
$1,100,000 USD
Specialty - FOR SALE
1/24
null | Request Cap Rate

1098 Hoover Rd
Hampstead, NC 28443


OVERVIEW

A rare opportunity to secure approximately 3.5± acres across four contiguous parcels in one of Pender County's fastest-growing corridors. Located on Hoover Road in Hampstead, the property sits less than ¼ mile from the future Hampstead Bypass interchange and approximately one mile from Highway 17, placing it in a highly strategic position as new infrastructure and residential growth continue to reshape the area. Surrounded by rapid development, the site sits directly beside a new Logan Homes community and within a corridor experiencing significant expansion. With significant residential growth occurring throughout the surrounding area, the location is well positioned to serve the growing demand for nearby services, retail, and neighborhood amenities. The parcels are currently zoned residential, and work is underway exploring a conditional rezoning to commercial use. Efforts are actively being coordinated with Pender County, NCDOT, and local planning officials, and early conversations have been encouraging. According to the Pender County Future Land Use Plan, the area is designated Neighborhood Center, which supports small-scale commercial uses intended to serve surrounding residential communities. Given the surrounding development, future land use designation, and proximity to major infrastructure, the highest and best use for the property is commercial. Potential uses could include: • Neighborhood shopping center • Flex or service commercial space • Medical or professional office • Restaurant or convenience retail • Local services designed to support nearby residential communities As the Hampstead market continues to grow, opportunities to secure multi-parcel sites near new infrastructure and expanding residential communities are becoming increasingly limited. This location offers developers, investors, and end users the ability to establish a presence in a corridor expected to see continued demand for neighborhood-serving commercial uses. Ideally positioned between Wilmington and the Hampstead growth corridor, and just moments from the future bypass interchange, this property offers both immediate potential and long-term upside. 4 Parcels Included • 1098 Hoover Rd - Parcel #3283-93-0949-0000 - 1.20± acres (GIS estimate) • 1144 Hoover Rd - Parcel #3283-94-0174-0000 - 0.58± acres (GIS estimate) • 1144 Hoover Rd - Parcel #3283-94-0287-0000 - 0.84± acres (GIS estimate) • Hoover Rd (vacant) - Parcel #3283-94-1309-0000 - 0.54± acres (GIS estimate) Total: Approximately 3.16± acres based on GIS calculations (buyer to verify).

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$427 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RP

APN/PARCEL ID

3283-93-0949-0000

ASK ABOUT THIS PROPERTY

Abby NenichkaIntracoastal Realty CorporationMore Info
910-509-0863

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Abby NenichkaIntracoastal Realty CorporationMore Info
910-509-0863

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.