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    306 Plantation Rd Wilmington, NC 28411

    Picture of Land at Plantation Rd 306, Wilmington, NC
    For Sale
    $677,745

    LAND - Wilmington, NC

    Lot size:
    5.57 Acres
    Days on Market:
    409
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 306 Plantation Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    R-15
    APN
    R02800-001-015-000
    Lot size
    5.57 Acres

    Utilities

    Utilities
    Cable Available

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

    Listing agent Donna H Grady (910) 256-8171 License #231580

    Listing date Oct 23, 2024

    MLS# 100472483 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 Ready For Development

    This unimproved land is located in the Porters Neck, Murrayville area, just below I-140 and east of the new Military Cutoff Extension. It offers easy access from both Military Cutoff Extension and Market Street. The property, part of the Greenview Ranches recorded subdivision, is now prime for development. Zoned R-15, the land can be rezoned, with maps available showing other lands already changed from R-15 to PD. The underground infrastructure for electricity, AT&T cable, and possibly sewer is in the process of being installed. New Hanover County Commissioners approved a Special Use Permit (SUP) for a T-Mobile 195' cell tower on the corner of Military Cutoff Extension Service Road and Plantation Road. Cape Fear Public Utility Authority (CFPUA) took bids on June 13, 2024, for the construction of sewer pipes along Plantation Road. CFPUA owns water wells in Greenview Ranches, and utilities are being constructed, requiring the dirt road to be kept passable for their equipment. Plantation Road is currently a dirt road maintained by DOT, which wants developers to pave it. The property comprises 5.57 acres and is located at 306 Plantation Road, Wilmington, NC 28411. Ranch 300 (5.5 acres) adjoining this one is for sale, making a possible 11 acres available. No surveys have been done.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Hair Salon Electrical Service Daycare Center Travel Agency

    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
    -77.810599
    Latitude
    34.303623

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    FAQs

    What type of property is this?
    Land - Unimproved land prime for development in Wilmington, North Carolina.
    Where is this land located?
    The property is located at 306 Plantation Rd Wilmington, NC.
    What is the asking price?
    The asking price for this property is $677,745.
    What are key features of this property?
    This property features: - Prime development land in the rapidly growing Porters Neck/Murrayville area.; - Zoned R-15 with potential for rezoning to PD.; - Sewer infrastructure development underway.
    (910) 256-8171
    Request Owner's contact information
    306 Plantation Rd Wilmington, NC 28411
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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
    306 Plantation Rd Wilmington, NC 28411
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