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    1113 S Wilmington St Raleigh, NC 27601

    For Sale
    $185,000

    LAND - Raleigh, NC

    Lot size:
    0.11 Acres
    Days on Market:
    75
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 1113 S Wilmington St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Natural State, Cleared
    Zoning
    R-10
    APN
    0045703
    Lot size
    0.11 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Public Sewer
    Water source
    Public

    Rich Realty Group, Inc (919) 697-5320 [email protected]

    Listing agent David MANG (919) 757-3652

    Listing date Sep 22, 2025

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Raleigh Vacant Lot For Sale

    This vacant lot is located in the Southpark area of Raleigh, North Carolina. The property is zoned R-10 and is suitable for new construction of a single-family home or duplex. The 0.11-acre lot has utilities on site. Its location offers close proximity to Downtown Raleigh, Greenway Trails, and I-40.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.638535
    Latitude
    35.766297

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    FAQs

    What type of property is this?
    Residential land & home lot - Vacant lot near Downtown Raleigh, Greenway Trails, and I-40.
    Where is this residential land & home lot located?
    The property is located at 1113 S Wilmington St Raleigh, NC.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - Prime Location: Close proximity to Downtown Raleigh, Greenway Trails, and I-40.; - Development Potential: Suitable for new construction single family home or duplex.; - Utilities On-Site: Electricity available, public water and sewer connections.
    (919) 757-3652
    Request Owner's contact information
    1113 S Wilmington St Raleigh, NC 27601
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    Raleigh, NC 27601
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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
    1113 S Wilmington St Raleigh, NC 27601
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