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    1 3Rd St, Unit 1 Wilmington, NC 28401

    For Sale
    $150,000

    LAND - Wilmington, NC

    Lot size:
    0.06 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 1 3Rd St

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    UMX
    APN
    R05413-033-018-000
    Lot size
    0.06 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    Coastal Properties (910) 264-1974 [email protected]

    Listing agent Patrick C Angle (910) 256-8171 License #286585

    Listing date Nov 18, 2025

    MLS# 100541038 Listing URL

    Copyright © 2025 Hive MLS / Topsail Island Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wilmington Land Redevelopment Opportunity

    This vacant lot presents a redevelopment opportunity, situated minutes from Downtown Wilmington, the South Front District, and the Cargo District. Located on 3rd Street, it is being offered as part of a package with the adjacent church property at 216 Marstellar Street. Together, the two parcels offer flexibility and visibility in one of Wilmington's active growth corridors. The property is zoned Urban Mixed Use (UMX), supporting a range of uses, including residential, multifamily, office, retail, or mixed-use projects. The terrain is flat and open, facilitating site work. This lot offers redevelopment potential in Wilmington's urban core.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wells Insurance Life Insurance Agency Sabrina Baxter Photography Photographer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.944522
    Latitude
    34.220311

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    FAQs

    What type of property is this?
    Commercial land - Vacant lot near downtown Wilmington with redevelopment potential.
    Where is this commercial land located?
    The property is located at 1 3Rd St, Unit 1 Wilmington, NC.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Prime redevelopment opportunity in Wilmington's urban core.; - Zoned Urban Mixed Use (UMX) allowing for diverse development options.; - Strategically located minutes from Downtown Wilmington, South Front District, and Cargo District.
    (910) 256-8171
    Request Owner's contact information
    1 3Rd St, Unit 1 Wilmington, NC 28401
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    Wilmington, NC 28401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 3Rd St, Unit 1 Wilmington, NC 28401
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