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    7718 Alexander Rd Wilmington, NC 28411

    Under Contract
    For Sale
    $649,000

    LAND - Wilmington, NC

    Lot size:
    1.55 Acres
    Days on Market:
    36
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 7718 Alexander Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Zoning
    R-5
    APN
    R03600-004-022-000
    Lot size
    1.55 Acres

    Intracoastal Realty Corp (910) 256-4503

    Listing agent Stephanie C Lanier (910) 256-4503 License #273505

    Listing date Oct 31, 2025

    MLS# 100536328 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

    Ogden/Porters Neck Development Opportunity

    This 1.52-acre site presents a prime development opportunity in the heart of Ogden/Porters Neck. Approved for a community of 12 townhomes, the property is located behind the new Sheetz convenience store at the corner of Alexander Road and Market Street. The overall site plan and layout have been designed, while the final finishes, architectural style, and product type (for rent or for sale) remain under the future builder's control. The townhomes will face neighboring residential properties and feature walkable connectivity to both Sheetz and an adjacent QSR site, offering residents the convenience of dining and services just steps away. Access is shared from Market Street and Alexander Drive, plus a future signalized intersection at Market & Alexander, further enhances visibility and accessibility. Seller deliveries include clearing, rough grading, water, sewer, and off-site stormwater retention. Situated in a sought-after school district with strong residential demand and a strategic location along one of Wilmington's busiest corridors, this project presents an exceptional opportunity to bring a new townhome community to life in a prime area. The lot size is 1.55 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -77.808456
    Latitude
    34.2852

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    FAQs

    What type of property is this?
    Land - 1.52 acre site approved for 12 townhomes.
    Where is this land located?
    The property is located at 7718 Alexander Rd Wilmington, NC.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: - Approved for a **12-unit townhome community** in a prime Ogden/Porters Neck location.; - Seller delivers cleared and graded site with water, sewer, and off-site stormwater retention.; - Strategic location on Market Street with shared access from Market Street and Alexander Drive, plus a future signalized intersection.
    (910) 256-4503
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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
    7718 Alexander Rd Wilmington, NC 28411
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