Shovel-Ready Mixed-Use Development
For Sale
$600,000
818 S 5th Avenue, Wilmington, NC 28401
Land, Wilmington, NC
Property SizeContact for details
Lot Size0.19 Acres
Days on Market48
Property Features for 818 S 5th Avenue
General Information
Property type
Land
Property subtype
Other
Zoning
UMX
Subdivision
Not In Subdivision
Lot features
Corner Lot
High school
New Hanover
Directions
From 3rd St Turn Left onto Dawson St. Property is on the corner of 5th St and Dawson St.
Standard status
Active
APN
R05409-028-017-000
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
PT EM 6 BLK 48
Legal Description
PT EM 6 BLK 48
Utilities
Water source
Public
Listing Agency:
Dominion Real Estate Group LLC
(740) 341-8624
Listed By:
Seth D Huntt · License #321500
(740) 341-8624
Added: Jul 7
Changed: Aug 19
Last Checked: Aug 23 at 7:06AM
MLS# 100586857
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 fully entitled development parcel is 0.19 acres and is set up for immediate progression into construction. The approved plan calls for a mixed-use building featuring 10 residential units and 1 commercial space. Substantial pre-development work is already complete, including site clearing and grading, installed utilities, and payment of tree mitigation fees. An active building permit is in place, supporting a more direct path from site work to vertical construction.
The property is located at 818 S 5th Avenue in Wilmington, North Carolina (New Hanover County). The site is zoned UMX, aligning with the submitted mixed-use development concept. With the entitlement and permitting steps already completed, the project’s execution is positioned to proceed without repeating major early-stage prerequisites.
For developers, investors, or owner-operators looking for a permitted mixed-use project, the combination of an approved building plan, completed clearing and utilities, and an active permit can help reduce early development delays and carrying costs associated with restarting groundwork and administrative steps. This offering is designed for a straightforward transition into construction rather than beginning from a raw or unpermitted state.
The property is located at 818 S 5th Avenue in Wilmington, North Carolina (New Hanover County). The site is zoned UMX, aligning with the submitted mixed-use development concept. With the entitlement and permitting steps already completed, the project’s execution is positioned to proceed without repeating major early-stage prerequisites.
For developers, investors, or owner-operators looking for a permitted mixed-use project, the combination of an approved building plan, completed clearing and utilities, and an active permit can help reduce early development delays and carrying costs associated with restarting groundwork and administrative steps. This offering is designed for a straightforward transition into construction rather than beginning from a raw or unpermitted state.
Key Highlights
- Fully entitled development site with an active building permit in place
- Approved mixed‑use plans for 10 residential units and 1 commercial space
- Pre‑development work completed, including site clearing and grading
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
771
Businesses Nearby
Explore this area
Business Placement
Demographics for 28401, NC
22,204
Population
13,017
Households
1.7
Avg Household Size
41
Median Age
34%
College-Educated
88%
High-School Grad
31.0 sq mi
ZIP Area
716
Density / Sq Mi
$52,159
Median Household Income
$35,739
Median Earnings
$1,183
Median Rent
$263,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - A fully entitled, permitted site with cleared ground, installed utilities, and approvals for mixed-use construction in Wilmington, NC.
Where is this commercial land located?
The property is located at 818 S 5th Avenue Wilmington, NC.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Fully entitled development site with an active building permit in place; Approved mixed‑use plans for 10 residential units and 1 commercial space; Pre‑development work completed, including site clearing and grading
