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Wilmington Land Investment Opportunity
For Sale
$525,000

258 Plantation Road lot 258, Wilmington, NC 28405

LAND - Wilmington, NC

Property SizeContact for details
Lot Size5.55 Acres
Days on Market82

Property Features for 258 Plantation Road lot 258

General Information

Property type Land
Property subtype Other
Zoning R-15
Subdivision Greenview Ranches
Elementary school Murrayville
Middle school Trask
High school Laney
Directions From Market St take Military Cutoff Ext towards I-140 exit on to Service Rd just before the loop to I-140 and the construction of Hampstead By-Pass. Take the service road to Plantation Rd. Property is located on the left side. Count 2 parcels over from the service road and like the Knight piece in Chess go two parcels up and one over to the right. This 5.5 acre parcel is the one over to the right
Standard status Active
APN R02800-001-042-000
Lot size 5.55 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Ranch 258 Section 3 Greenview Ranches
Tax Annual Amount 1249
Legal Description Ranch 258 Section 3 Greenview Ranches
Listing Agency: Coastal Properties
Listed By: Donna H Grady · License #231580
Added: May 20 Changed: May 21 Last Checked: Aug 9 at 4:06PM
MLS# 100575424

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 5.5-acre land parcel is located in the northern part of New Hanover County. It is part of the Greenview Ranches subdivision, which was mapped out and recorded but never developed. The Military Cutoff Extension has opened up 2000 acres of raw land in New Hanover, stretching from the end of Murrayville Rd to Porters Neck. Infrastructure is in place, including a 95' T-Mobile Cell Tower approved by County Commissioners to be constructed on the corner of Service Rd and Plantation Rd, Duke Power lines, Fiber Optic Cable and Internet, Crooked Pine Water Project, and CFPUA Sewer pipes. Main Force Sewer in the area will be on a cost basis. A large developer is prepared to build homes on 91 acres, and 61 acres have been zoned for commercial use and are on the market, potentially for a grocery store, movie theater, and medical offices. Clusters of adjacent properties, including this 5.5-acre parcel, could be acquired to build a small subdivision or business. An assisted living facility has been approved by Planning just off Military Cutoff Ext on Plantation Rd. This property is located on Plantation Rd, two parcels over from Service Road and one over to the right. It presents a significant investment opportunity in the future development of Greenview Ranches.

Key Highlights

  • 5.5 acre property in developing Northern New Hanover County
  • Located near Military Cutoff Extension, providing access to developing areas
  • Infrastructure in place: Duke Power lines, Fiber Optic Cable and Internet, Crooked Pine Water Project, and CFPUA Sewer pipes

Property Analytics

Current Use

Land

Suggested Use

Top Pick Hair Salon Electrical Service Daycare Center Travel Agency

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

6
Businesses Nearby

Demographics for 28405, NC

31,775
Population
17,073
Households
1.9
Avg Household Size
41
Median Age
41%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,352
Density / Sq Mi
$67,809
Median Household Income
$41,265
Median Earnings
$1,405
Median Rent
$337,000
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 - 5.5 acres in New Hanover County with development potential.
Where is this land located?
The property is located at 258 Plantation Road lot 258 Wilmington, NC.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 5.5 acre property in developing Northern New Hanover County; Located near Military Cutoff Extension, providing access to developing areas; Infrastructure in place: Duke Power lines, Fiber Optic Cable and Internet, Crooked Pine Water Project, and CFPUA Sewer pipes
More about this property
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