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Redevelopment Land for Housing
For Sale
$2,200,000

109 Sumter Avenue, Carolina Beach, NC 28428

Three adjacent 50-by-150 parcels are zoned NB and may support single-family residential development.

Property Size22,216 SF
Lot Size0.52 Acres
Price / SF$99.03
Days on Market314

Property Features for 109 Sumter Avenue

General Information

Standard status Active
Size 22,216 SF
Lot size 0.52 Acres
Property subtype Land / 2-4 Units Multi-Family
Zoning NB

Taxes and HOA fees

Annual Taxes $2,451

Amenities

MLS
0.0
No
Listing Agency: Coldwell Banker Sea Coast Advantage-Midtown
Listed By: Shane Register Team
Source: Compass
Added: Oct 3, 2025 Changed: Aug 8 Last Checked: Aug 8 at 8:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Sea Coast Advantage-Midtown

Investment Insights

Based on property information with market context.

This offering includes three individual parcels, each measuring 50' x 150', for a total of 0.517 acres, marketed for redevelopment. The current zoning is NB (Neighborhood Business), and the public remarks indicate it allows for residential single-family use. The existing business that occupies the area is relocating and is not for sale.

The premium site is described as adjacent to Carolina Beach Lake views and within a short walk to the beachfront. Showings require scheduled appointments after normal business hours.

The property is being presented for its highest-and-best residential development use based on the reported zoning and configuration of the three lots.

Key Highlights

  • Three adjacent 50' x 150' parcels totaling 0.517 acres at Carolina Beach
  • Zoned NB (Neighborhood Business); zoning allows residential single‑family use
  • Premium site is adjacent to views of Carolina Beach Lake

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Building Supply Auto Parts Store Nail Salon

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

405
Businesses Nearby

Demographics for 28428, NC

6,848
Population
6,268
Households
1.1
Avg Household Size
51
Median Age
48%
College-Educated
98%
High-School Grad
5.2 sq mi
ZIP Area
1,317
Density / Sq Mi
$87,670
Median Household Income
$41,138
Median Earnings
$1,515
Median Rent
$490,100
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Three adjacent 50-by-150 parcels are zoned NB and may support single-family residential development.
Where is this residential land & home lot located?
The property is located at 109 Sumter Avenue Carolina Beach, NC.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Three adjacent 50' x 150' parcels totaling 0.517 acres at Carolina Beach; Zoned NB (Neighborhood Business); zoning allows residential single‑family use; Premium site is adjacent to views of Carolina Beach Lake
More about this property
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