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Corner Redevelopment Retail Site
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Pending

4901 Oleander Drive, Wilmington, NC 28403

Redevelopment site with two buildings at a corner on Oleander Corridor with stated 35,000 AADT exposure.

Days on Market112

Property Features for 4901 Oleander Drive

General Information

Standard status Pending
Property subtype Retail
Zoning ROD

Additional Details

Traffic Count 35,000 vehicles/day
Listing Agency: Century 21 Sweyer & Associates Wilmington
Listed By: Lisa Fisher · License #NC
Source: Crexi
Added: Apr 12 Changed: Jul 21 Last Checked: Jul 31 at 2:23PM

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 Century 21 Sweyer & Associates Wilmington

Investment Insights

Based on property information with market context.

This redevelopment site at 4901 Oleander Drive includes two buildings that may be utilized. The property is positioned on the Oleander Corridor at the corner of Oleander and Pine Grove, in front of Long Leaf Park, supporting strong commercial visibility based on the stated 35,000 AADT.

The adjacent property may also be available if additional acreage is needed. The listing notes the site’s location at the beginning of the new ROD Residential Office District.

Retail and commercial development along the corridor is described in the remarks, with prominent nearby retailers including Capitol Ford, Mellow Mushroom, Trader Joe’s, CVS, Walgreens, Dunkin Donuts, US Cellular, Advanced Auto, Autozone, Mac’s Speed Shop, and Batteries Plus.

Key Highlights

  • Redevelopment site on the Oleander Corridor at the corner of Oleander and Pine Grove, in front of Long Leaf Park
  • Stated AADT of 35,000 for high‑traffic, maximum‑exposure frontage on Oleander Corridor
  • Property includes 2 buildings that may be utilized

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Locksmith Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Bakery Pet 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.

Lease Details

35,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

558
Businesses Nearby

Demographics for 28403, NC

38,134
Population
20,424
Households
1.9
Avg Household Size
30
Median Age
48%
College-Educated
94%
High-School Grad
14.0 sq mi
ZIP Area
2,724
Density / Sq Mi
$50,988
Median Household Income
$30,991
Median Earnings
$1,293
Median Rent
$337,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Redevelopment site with two buildings at a corner on Oleander Corridor with stated 35,000 AADT exposure.
Where is this commercial land located?
The property is located at 4901 Oleander Drive Wilmington, NC.
What are key features of this property?
This property features: Redevelopment site on the Oleander Corridor at the corner of Oleander and Pine Grove, in front of Long Leaf Park; Stated AADT of 35,000 for high‑traffic, maximum‑exposure frontage on Oleander Corridor; Property includes 2 buildings that may be utilized
More about this property
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