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Midtown Wilmington Development Opportunity
For Sale
$895,000

114 Longstreet Drive, Wilmington, NC 28412

Land, Wilmington, NC

Property SizeContact for details
Lot Size1.19 Acres
Days on Market230

Property Features for 114 Longstreet Drive

General Information

Property type Land
Property subtype Other
Zoning R-5
Subdivision Not In Subdivision
Elementary school Pine Valley
Middle school Roland Grise
High school Hoggard
Directions College Rd. To Shipyard Blvd. Turn left at the Light onto Longstreet Dr. Proprty will be on the right adjacent to the Boy Scouts Building as you enter the Pine Valley Neighborhood.
Standard status Active
APN R06117-011-020-000
Lot size 1.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 1 VACANT LONGSTREET PLACE
Tax Annual Amount 2605
Legal Description LOT 1 VACANT LONGSTREET PLACE

Utilities

Utilities Water Available
Water source Public
Listing Agency: Flat Fee Realty and Management LLC
Listed By: Patrick A Alderson · License #260610
Added: Jan 10 Changed: Aug 26 Last Checked: Aug 28 at 5:06AM
MLS# 100548492

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This approximately 1.2-acre lot presents a development opportunity in a central Wilmington location, bordering the Pine Valley Community. The property has been rezoned to R-5 and is approved for the construction of 12 townhomes. Available documentation includes a survey, preliminary site layout, soil test, and architectural plans, which will be transferred with the sale. The lot is situated within walking distance of Pine Valley Country Club, which features a renovated golf course scheduled to open in the fall of 2026. The location is also within 1 to 2 miles of Novant Hospital, Independence Mall, Cape Fear Country Club, and Live Oak Bank Headquarters.

Key Highlights

  • 1.2 acre lot rezoned to R5, approved for 12 townhomes.
  • Prime Midtown location on the edge of Pine Valley Community.
  • Development‑ready: Survey, site layout, soil test, and architectural plans included.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Hair Salon Restaurant Auto Repair Shop Building Supply HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

675
Businesses Nearby

Demographics for 28412, NC

42,758
Population
20,704
Households
2.1
Avg Household Size
43
Median Age
41%
College-Educated
93%
High-School Grad
22.3 sq mi
ZIP Area
1,917
Density / Sq Mi
$67,396
Median Household Income
$40,351
Median Earnings
$1,326
Median Rent
$342,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - 1.2 acre lot approved for 12 townhomes.
Where is this land located?
The property is located at 114 Longstreet Drive Wilmington, NC.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 1.2 acre lot rezoned to R5, approved for 12 townhomes.; Prime Midtown location on the edge of Pine Valley Community.; Development‑ready: Survey, site layout, soil test, and architectural plans included.
More about this property
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