Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3512 N Kerr Ave Wilmington, NC 28405

    Under Contract
    For Sale
    $750,000

    COMMERCIAL - Wilmington, NC

    Lot size:
    1.07 Acres
    Days on Market:
    61
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 3512 N Kerr Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Zoning
    B-1
    APN
    R03315-001-005-000
    Lot size
    1.07 Acres

    Building Details

    Additional Structures
    Storage

    Intracoastal Realty Corp (800) 533-1840

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

    Listing date Oct 6, 2025

    MLS# 100286503 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

    Prime Commercial Land For Sale

    This property, totaling 1.07 acres, is offered for sale in conjunction with 3516 N. Kerr Avenue, presenting a commercial development opportunity in a highly desirable location. The sale includes two parcels, R03315-001-005-000 and R03315-001-004-000. The existing home on the property is tenant-occupied and inaccessible, with the sale based on land value. The B-1 zoning supports various commercial uses. The two lots can be combined with the corner frontage property at 2604 Castle Hayne Road for an additional amount, potentially expanding the development possibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon 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
    -77.91981
    Latitude
    34.288818

    Nearby Similar for Sale

    • New
      $1,465,000
      4,848 SF

      Wilmington Mixed-Use Investment Opportunity

      8-unit mixed-use property near historic district with strong rental history.
      719 Princess St, Wilmington, NC 28401
      View Details
    • New
      $890,000
      5,467 SF

      Historic Mansion in Downtown Wilmington

      Unique historic mansion with development potential in Wilmington's Historic District.
      708 Market St, Wilmington, NC 28401
      View Details
    • $1,795,000
      4,761 SF

      Historic Downtown Wilmington Residence

      Historic 4,761 sq ft residence in downtown Wilmington.
      118 S 4Th St, Wilmington, NC 28401
      View Details
    • New
      $719,000
      2,015 SF

      Wilmington Income-Generating Multifamily Property

      Income property near Downtown, Burnt Mill Creek, and Soda Pop District.
      2020 Princess Place Dr, Wilmington, NC 28405
      View Details
    • $888,000
      3,104 SF

      Wilmington Duplex: Short-Term Rental Income

      Fully furnished duplex in Wilmington, NC, generating substantial rental income.
      312 Church St, Wilmington, NC 28401
      View Details
    • New
      $1,050,000
      3,548 SF

      Historic Wilmington Duplex Opportunity

      Historic duplex in Wilmington's Historic District, flexible living options.
      223 S 5Th Ave, Wilmington, NC 28401
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.07 acres of commercial land in a desirable location.
    Where is this commercial land located?
    The property is located at 3512 N Kerr Ave Wilmington, NC.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - 1.08 acres of prime commercial development land; - Highly desirable location; - Being sold for land value
    (910) 256-4503
    Request Owner's contact information
    3512 N Kerr Ave Wilmington, NC 28405
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3512 N Kerr Ave
    Wilmington, NC 28405
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3512 N Kerr Ave Wilmington, NC 28405
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.