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    109 Clay St Wilmington, NC 28405

    Sponsored
    For Sale
    $192,000

    LAND - Wilmington, NC

    Lot size:
    0.22 Acres
    Days on Market:
    43
    Last Refresh:
    Jan 7 at 9:06 pm

    Property Features for 109 Clay St

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    R-5
    APN
    R04913-015-024-000
    Lot size
    0.22 Acres

    Utilities

    Utilities
    Water Available
    Water source
    Public

    Intracoastal Realty Corp (800) 533-1840

    Listing agent Jeffrey G Hovis (910) 256-4503 License #234605

    Listing date Nov 26, 2025

    MLS# 100524252 Listing URL

    Copyright © 2025 HIVE MLS. 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 Development Opportunity

    Two vacant parcels of land, zoned R-5, are available in Wilmington, North Carolina, totaling 0.22 acres (9,419 square feet). The parcels are divided as follows: 109 Clay Street comprises 4,710 square feet, and 113 Clay Street comprises 4,709 square feet. According to the City of Wilmington, a single-family house and an Accessory Dwelling Unit (ADU) can be constructed on each parcel, presenting a development opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -77.903545
    Latitude
    34.241355

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    FAQs

    What type of property is this?
    Land - Two parcels totaling 0.22 acres, suitable for development.
    Where is this land located?
    The property is located at 109 Clay St Wilmington, NC.
    What is the asking price?
    The asking price for this property is $192,000.
    What are key features of this property?
    This property features: - Two Vacant Parcels totaling .22 Acres (9,419 SF); - Zoned R-5: Single Family House and ADU Allowed on Each Parcel; - Great Development Opportunity
    (910) 512-2205
    Request Owner's contact information
    109 Clay St Wilmington, NC 28405
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    Wilmington, NC 28405
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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
    109 Clay St Wilmington, NC 28405
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