Listing Agency: Coastal Properties d***@yahoo.com Show Phone

Listed By: Donna Grady · License #231580 Show Phone

Source: Moodyscre

Added: Aug 31, 2022 Changed: Aug 8 Last Checked: Aug 8 at 10:40AM

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Investment Insights

Based on property information with market context.

This unimproved commercial land listing features road frontage along Plantation Rd and an additional frontage along Old Plantation Rd. The seller notes there is a survey and some inspections available to share with serious buyers after contract. Public remarks also indicate proposed utilities are in progress, with CFPUA constructing sewer pipes along Plantation Rd, water expected by the end of 2026, and sewer anticipated by Summer of 2026. The buyer is advised to check with DOT regarding the paving of Plantation Rd.

Greenview Ranches is described as being located between Murrayville Road and the Porters Neck area, on the east side of Military Cutoff Extension for access to I-140 and then I-40. Road frontage is stated as 464.4 feet on Plantation Rd and 844 feet on Old Plantation Rd, which runs down to Old Oak Rd and eventually to Market St.

The seller states the assisted living project was approved for Special Use Permit on 5/5/25 and development is beginning, and indicates the buyer would need to rezone for their intended use. The seller also lists potential uses such as a shopping strip, hospitality, and an office building, subject to approvals.

Key Highlights

• 464.4 ft of road frontage on Plantation Rd plus 844 ft of road frontage on Old Plantation Rd
• Unimproved commercial land available for a buyer to consider rezoning and future development
• CFPUA water is expected by end of 2026, with sewer expected by summer of 2026

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Hair Salon Electrical Service Gym & Fitness Center Daycare Center Travel Agency

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

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

6

Businesses Nearby

Explore this area Business Placement

Demographics for 28411, NC

37,834

Population

16,978

Households

2.2

Avg Household Size

41

Median Age

53%

College-Educated

96%

High-School Grad

41.2 sq mi

ZIP Area

918

Density / Sq Mi

$94,200

Median Household Income

$49,008

Median Earnings

$1,685

Median Rent

$363,600

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - Unimproved commercial land with frontage on Plantation Rd and Old Plantation Rd, with municipal water and sewer timelines underway.

Where is this commercial land located?

The property is located at 121 Plantation Rd Greenview Ranches Wilmington, NC.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: 464.4 ft of road frontage on Plantation Rd plus 844 ft of road frontage on Old Plantation Rd; Unimproved commercial land available for a buyer to consider rezoning and future development; CFPUA water is expected by end of 2026, with sewer expected by summer of 2026