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.
133 days
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Zillow last checked:
Listing updated:
Listed by:
Tyler N Broughton910-352-7957,
Prosper Real Estate,
Anderson B Horton336-504-0073,
Prosper Real Estate
Source: Hive MLS,MLS#: 100565916Originating MLS: Cape Fear Realtors MLS, Inc.