Property profile

7500-7516 Plantation Rd Wilmington, NC 28411

OFF-MARKET
Residential land & home lots
Property ID
US53-Q021445
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Property summary

AI-generated overview

UPDATE CFPUA just took bids for the sewer pipes to be constructed along Plantation Rd. 6/13/24. Make your OFFER today. Unimproved land located in the Porters Neck, Murrayville area just below I-140 and located East of the new Military Cutoff Extension. Easy to access off Military Cutoff Extension and easy to access off Market Street. Greenview Ranches was a recorded subdivision that never developed. It is prime for development today. All ranches are zoned R-15 and can be rezoned. See maps provided of lands that have already been changed from R-15 to PD. Be the first one to purchase and grab that zone that you need before other lands sell and Planning gets overwhelmed with what to do. The underground infrastructure for electricity, water and sewer is in the process of going down. NHCo Commissioners approved a (SUP) permit for T-Mobile 195' Cell Tower on corner of Military Cutoff Ext Service Rd and Plantation Rd. Plantation Rd is currently a dirt road seems to be maintained better than before. DOT wants developers to pave it. CFPUA owns water wells in Greenview Ranches and utilities are being constructed so the dirt road has to be kept passable for their equipment. Greenview Ranches is the up and coming PLACE TO BE.

Property profile

Verified
Property type Residential land & home lots
UPID US53-Q021445

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7500-7516 Plantation Rd Wilmington, NC 28411
Wilmington metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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