$700,000
 $3,652 est/mo Sourced by Back At You

2501 Wrightsville Avenue,Wilmington, NC 28403

Wilmington, NC 28403

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Description

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.

Details

MLS #100565916
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site150
Listing Provided ByProsper Real Estate | Tyler N Broughton

Features

ZoningCS
Acreage0.77

Exterior

TopographyCleared/Partial

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo

Taxes

Tax Assessed Value386500
Tax Book Number6
Tax Legal DescriptionLOT 154B SEC B FOREST HILLS & PT DELGADO MILL LANDS
Tax Year2025

Area Information

StateNC
CountyNew Hanover
CityWilmington
Zip Code28403
Elementary SchoolForest Hills
High SchoolNew Hanover
Listing VS Median (in 28403)
Price:
$700,000
low | high
Med:
$409,000
91.571428571429% of Average
On site:
150
low | high
Med:
2
100% of Average
Sourced by Back At You

Market Activity 28403

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Learn More About This Property

StateNC
CountyNew Hanover
CityWilmington
Zip Code28403
Elementary SchoolForest Hills
High SchoolNew Hanover
Listing VS Median (in 28403)
Price:
$700,000
low | high
Med:
$409,000
91.571428571429% of Average
On site:
150
low | high
Med:
2
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $525K - $875K
sqft: 0 - 0
Listing Updated: August 17, 2026 at 11:33:09 PM PDT