This fully entitled development site presents a rare opportunity to move directly into construction. Plans have been completed for a mixed-use building consisting of 10 residential units and 1 commercial space, allowing for a well-balanced income stream. The property has already undergone significant pre-development work, including completed site clearing and grading, installed utilities, and paid tree mitigation fees. With an active building permit in place, this offering significantly reduces timeline risk and carrying costs, positioning it as a highly efficient and shovel-ready investment.
| MLS # | 100586857 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 62 |
| Listing Provided By | Dominion Real Estate Group LLC | Seth D Huntt |
| Zoning | UMX |
|---|---|
| Acreage | 0.19 |
| Lot Features | Corner Lot |
|---|---|
| Topography | Cleared, Level |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Utilities | Sewer Connected, Water Connected |
|---|
| Tax Assessed Value | 330100 |
|---|---|
| Tax Book Number | 0000 |
| Tax Legal Description | PT EM 6 BLK 48 |
| Tax Year | 2026 |
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Elementary School | Other |
| High School | New Hanover |
| Listing VS Median (in 28401) | |
Price: $600,000 low | high Med: $375,000 On site: 62 low | high Med: 19 | |
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Elementary School | Other |
| High School | New Hanover |
| Listing VS Median (in 28401) | |
Price: $600,000 low | high Med: $375,000 On site: 62 low | high Med: 19 | |