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Wilmington Land: Development Opportunity
For Sale
$192,000

109 & 113 Clay Street, Wilmington, NC 28405

LAND - Wilmington, NC

Lot Size0.22 Acres
Days on Market357

Property Features for 109 & 113 Clay Street

General Information

Property type Land
Property subtype Other
Zoning R-5
Subdivision Ridgecrest
Elementary school Freeman
Middle school Williston
High school New Hanover
Directions From downtown take Market Street east. Turn left on Clay Street and properties area on the left.
Standard status Active
APN R04913-015-024-000
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 14 BLK 6 FOX DIV (MB76-194) Lot 15 BLK 6 FOX DIV (MB76-194)
Legal Description Lot 14 BLK 6 FOX DIV (MB76-194) Lot 15 BLK 6 FOX DIV (MB76-194)

Utilities

Utilities Water Available
Water source Public
Listing Agency: Intracoastal Realty Corporation
Listed By: Jeffrey G Hovis · License #234605
Added: Aug 10, 2025 Changed: Jul 8 Last Checked: Aug 1 at 8:06PM
MLS# 100524252

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.

Two vacant parcels of land, zoned R-5, are available, totaling 0.22 acres (9,419 SF). Located in Wilmington, NC, the parcels are divided as follows: 109 Clay Street comprises 4,710 SF, and 113 Clay Street comprises 4,709 SF. According to the City of Wilmington, a single-family house and an Accessory Dwelling Unit (ADU) can be constructed on each parcel, presenting a development opportunity.

Key Highlights

  • Two Vacant Parcels Totaling .22 Acres (9,419 SF)
  • Zoned R‑5 Allowing Single Family House and ADU on Each Parcel
  • Located at 109 and 113 Clay Street

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Real Estate Agency Electrical Service Bakery Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

534
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

Market

Properties on Market for Land in Wilmington

Feb
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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 - Two adjacent parcels totaling 0.22 acres, suitable for development.
Where is this land located?
The property is located at 109 & 113 Clay Street Wilmington, NC.
What is the asking price?
The asking price for this property is $192,000.
What are key features of this property?
This property features: Two Vacant Parcels Totaling .22 Acres (9,419 SF); Zoned R‑5 Allowing Single Family House and ADU on Each Parcel; Located at 109 and 113 Clay Street
More about this property
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