Shovel-ready thinking, midtown price: ±0.77 acres (33,612 SF) of CS-zoned land on the Wrightsville Avenue corridor at $907K/acre - with the expensive unknowns already answered. The seller has completed a survey, soil and infiltration testing, and a Brownfields Assessment Work Plan, with recorded land use restrictions in place and the site enrolled in the NC Brownfields Program - a framework that provides liability protection for new owners and may qualify redevelopment improvements for North Carolina's brownfields property tax incentive. This is a de-risked path to development, not a question mark. The concept: an approximately 8,370 SF, four-story mixed-use building - ground-floor commercial with three residential levels above and approximately 38 parking spaces - designed for a renter-majority trade area minutes from Independence Mall, Forest Hills, and Wilmington's medical and employment centers. Midtown Wilmington continues to densify, and CS zoning supports a broad range of commercial and mixed-use outcomes beyond the concept shown. The seller is offering a $50,000 remediation credit with an acceptable offer, effectively pricing the environmental work into the deal. Full due diligence package - survey, soils, Brownfields documentation, and concept plan - available to qualified buyers. High-visibility frontage on one of midtown's most traveled corridors. Bring your site plan or build the one already envisioned. Full due diligence materials are available to qualified buyers.
| MLS # | 100565916 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 150 |
| Listing Provided By | Prosper Real Estate | Tyler N Broughton |
| Zoning | CS |
|---|---|
| Acreage | 0.77 |
| Topography | Cleared/Partial |
|---|
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Tax Assessed Value | 386500 |
|---|---|
| Tax Book Number | 6 |
| Tax Legal Description | LOT 154B SEC B FOREST HILLS & PT DELGADO MILL LANDS |
| Tax Year | 2025 |
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28403 |
| Elementary School | Forest Hills |
| High School | New Hanover |
| Listing VS Median (in 28403) | |
Price: $700,000 low | high Med: $409,000 On site: 150 low | high Med: 2 | |
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28403 |
| Elementary School | Forest Hills |
| High School | New Hanover |
| Listing VS Median (in 28403) | |
Price: $700,000 low | high Med: $409,000 On site: 150 low | high Med: 2 | |