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    722 North 4Th St Wilmington, NC 28401

    For Sale
    $1,090,000

    17,860 SF parcel in Wilmington's Brooklyn Arts District.

    Property size:
    17,860 SF
    Lot size:
    0.42 Acres

    Property Features for 722 North 4Th St

    General Information

    Size
    17,860 SF
    Lot size
    0.42 Acres

    Source: Cape Fear Commercial, LLC Agent Paul Loukas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Wilmington Land Parcel

    Located in downtown Wilmington within the Brooklyn Arts Social District, this property, known as The Brickhouse, comprises approximately 17,860 square feet. It is entitled and designed for the construction of 84 apartments, including studio, one-bedroom, and two-bedroom units. The site is positioned in the northern part of downtown, offering convenient access to the Live Oak Amphitheater, the Riverwalk, and various multifamily developments such as Sawmill Point, Flats on Front, and The Metropolitan. The property is situated along a section of North 4th Street designated as the Brooklyn Arts Social District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Gym & Fitness 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
    -77.9455539
    Latitude
    34.2443538

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    FAQs

    What type of property is this?
    Land - 17,860 SF parcel in Wilmington's Brooklyn Arts District.
    Where is this land located?
    The property is located at 722 North 4Th St Wilmington, NC.
    What is the asking price?
    The asking price for this property is $1,090,000.
    What are key features of this property?
    This property features: - Entitled and designed for **84 studio, one, and two-bedroom apartments.**; - Located in the **heart of downtown Wilmington.**; - Situated in the "Brooklyn Arts Social District".
    (910) 540-5045
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    722 North 4Th St Wilmington, NC 28401
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    Wilmington, NC 28401
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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
    722 North 4Th St Wilmington, NC 28401
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