1721 Plantation Road

Description

Premiere, partially cleared, 5.51 acre corner parcel with road frontage (~986 total) on both Plantation Rd. (~460 ft) and Crooked Pine Rd. (~526 ft). This lot is visible (less than 100 ft away) from the Military Cutoff I-140 Bypass. Two adjacent parcels are owned by NCDOT (directly adjacent to bypass). A new service road is being constructed about 1,000 feet away, which will allow even quicker access from the Military Cutoff extension. New Hanover County recently re-zoned over 60 nearby acres for mixed Commercial/Residential use for new development (offices, theater, hotel and stores planned). CFPUA started taking bids last year for sewer pipe construction along Plantation Rd. This parcel can be quickly and easily accessed via Murrayville Rd. or Military Cutoff I-140 Bypass. Infrastructure Development Military Cutoff Extension: The new Military Cutoff Extension provides improved access to Plantation Road. Utilities: Underground infrastructure for power and fiber optic cables are already in place, and the CFPUA (Cape Fear Public Utility Authority) is installing sewer pipes and constructing water wells in the area. Current and Planned Developments Residential: New subdivisions are being planned, such as Murray Woods and developments within the Greenview Ranches, indicating future residential growth. Commercial/Mixed-Use: Several parcels near the Military Cutoff Extension have been rezoned for commercial use, and a T-Mobile cell tower is being built at the intersection of the extension and Plantation Road. Future Growth NCDOT Plans: The NCDOT plans a significant expansion of Plantation Road, including a flyover that will reconnect it to Murrayville Road and Market Street, further increasing accessibility. Increased Investment: The addition of utilities, improved access, and rezoning are priming the area for significant future development and investment in both commercial and residential sectors. **BROKER OWNED PROPERTY LISTING**