Land
Under Contract

Sloop Point Loop

Sloop Pt Loop Rd, Hampstead, NC, 28443, US

Executive Summarydownload
Sloop Point Loop_Property for Sale

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Asset description

Jones Lang LaSalle., a North Carolina licensed real estate broker (“JLL”), has been retained as the exclusive sales representative for Sloop Point Loop, a ± 57 acre residential development opportunity in a rapidly developing corridor in Hampstead, NC with 1,950' of intracoastal waterway frontage. The nearby Wyndwater community is now completely sold out with homes priced in the $400,000+ range. Addtionally, the offering enjoys future private septic connectivity and capacity for up to 116 homes from nearby Wyndwater Phase 5. The Wilmington MSA housing market continues to climb (median list price is up 9.8% YoY) and there is a need for residential houses in the market due to the macro trend of families leaving the northeast for warmer climates and a reduced cost of living.

Attributes

Land area net
57.00 acres (2,482,920 sf)

Investment highlights


  • 1,950’ along ICW
  • Top 5 best places to retire (2021,Parade)
  • Septic Connectivity/capacity for 116 homes
  • #1 in-migration destination (2020, United Van Lines)


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Last updated
Nov 30, 2022