This property offers a compelling redevelopment opportunity with a survey already in hand. Positioned with over 110 feet of high-visibility frontage on N. Kerr Avenue, the site benefits from strong exposure and accessibility. It is currently zoned Airport Residential, with potential upside through rezoning--buyers should verify with local planning authorities to maximize density and use options.
The existing three-bedroom brick home is included at no contributory value and is best considered a teardown, allowing for a clean slate for redevelopment.
Ideal for builders, developers, or investors seeking a value-add project with flexible exit strategies. Bring your contractor and planning team to assess highest and best use--this is a rare opportunity to capitalize on location, frontage, and zoning potential.
Lot/land
Price cut: $5K (7/24)
$144,900
2509 N Kerr Avenue, Wilmington, NC 28405
--beds
0baths
0.44Acres
Land
Built in ----
0.44 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Strong exposure and accessibility
- 88 days |
- 272 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Basil Williams 910-319-9383,
Keller Williams Innovate-Wilmington
Source: Hive MLS,MLS#: 100570538
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Fencing: None
- Frontage type: See Remarks
Lot
- Size: 0.44 Acres
- Dimensions: 110 x 200 x 90 x 203
- Features: Partially Cleared
- Topography: Cleared/Partial,See Remarks
Details
- Additional structures: See Remarks, Residence, Main House
- Parcel number: R03414003002000
- Zoning: AR
- Special conditions: Standard
- Wooded area: 856
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: See Remarks
Community & HOA
Community
- Subdivision: Not In Subdivision
HOA
- Has HOA: No
- Amenities included: See Remarks
Location
- Region: Wilmington
Financial & listing details
- Tax assessed value: $87,700
- Annual tax amount: $331
- Date on market: 4/30/2026
- Cumulative days on market: 88 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,629/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Price change | $144,900-3.3% |
Source:  Hive MLS #100570538 Report a problem | ||
| 7/13/2026 | Price change | $149,900-11.8% |
Source: Hive MLS #100570538 Report a problem | ||
| 6/23/2026 | Price change | $169,900-2.9% |
Source: Hive MLS #100570538 Report a problem | ||
| 6/15/2026 | Price change | $174,900-2.8% |
Source: Hive MLS #100570538 Report a problem | ||
| 6/6/2026 | Price change | $179,900-5.3% |
Source: Hive MLS #100570538 Report a problem | ||
| 5/26/2026 | Price change | $189,900-5% |
Source: Hive MLS #100570538 Report a problem | ||
| 5/18/2026 | Price change | $199,900-9.1% |
Source: Hive MLS #100570538 Report a problem | ||
| 5/5/2026 | Price change | $219,900-2.2% |
Source: Hive MLS #100570538 Report a problem | ||
| 4/30/2026 | Listed for sale | $224,900+124.9% |
Source: Hive MLS #100570538 Report a problem | ||
| 4/16/2026 | Sold | $100,000-31% |
Source: Public Record Report a problem | ||
| 1/15/2026 | Price change | $144,900-9.4% |
Source: Hive MLS #100526850 Report a problem | ||
| 10/1/2025 | Price change | $159,900-8.6% |
Source: Hive MLS #100526850 Report a problem | ||
| 9/18/2025 | Price change | $174,900-12.5% |
Source: Hive MLS #100526850 Report a problem | ||
| 8/24/2025 | Listed for sale | $199,900 |
Source: Hive MLS #100526850 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $406 -12.6% | $87,700 +17.4% |
| 2024 | $464 +1.3% | $74,700 |
| 2023 | $458 -0.8% | $74,700 |
| 2022 | $462 +9.7% | $74,700 |
| 2021 | $421 +22.6% | $74,700 +37.6% |
| 2020 | $343 | $54,300 |
| 2019 | $343 | $54,300 |
| 2018 | $343 | $54,300 |
| 2017 | $343 -20.1% | $54,300 -12.4% |
| 2016 | $430 +7.6% | $62,000 |
| 2015 | $399 +1.7% | $62,000 |
| 2014 | $392 | $62,000 |
| 2013 | -- | $62,000 |
| 2012 | -- | $62,000 +6.9% |
| 2011 | -- | $58,010 |
| 2010 | -- | $58,010 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $44,080 |
| 2004 | -- | $44,080 |
| 2003 | -- | $44,080 |
| 2002 | -- | $44,080 |
| 2001 | -- | $44,080 |
| 2000 | -- | $44,080 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 28405
Nearby schools
GreatSchools rating
- 3/10Wrightsboro ElementaryGrades: PK-5Distance: 1.7 mi
- 8/10Holly Shelter Middle SchoolGrades: 6-8Distance: 4.3 mi
- 4/10Emsley A Laney HighGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Wrightsboro
- Middle: Holly Shelter
- High: Laney
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- $115,0003 bd1 ba1.2k sqft2354 Truesdale Rd, Wilmington, NC 28405Sold
- $89,0002 bd1 ba986 sqft2328 Truesdale Rd, Wilmington, NC 28405Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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