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Commercial Land with Approved Permits
For Sale
$750,000

121 Plantation Road, Wilmington, NC 28411

Approved permits cover an assisted living facility and a 95-foot cell tower.

Property SizeContact for details
Days on Market1518

Property Features for 121 Plantation Road

General Information

Standard status Active
Property subtype Undeveloped

Taxes and HOA fees

Annual Taxes $1,894
Listing Agency: Coastal Properties
Listed By: Donna H Grady · License #231580
Source: Luminablueproperties
Added: Sep 7, 2022 Changed: Oct 27 Last Checked: Nov 1 at 1:41PM

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 Coastal Properties

Rey
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Investment Insights

Based on property information with market context.

This 8.84-acre commercial land parcel has approved special use permits for an assisted living facility and a 95-foot cell tower. Road frontage measures 464.4 feet along Plantation Road and 844 feet along Old Plantation Road, an overgrown road that connects toward Old Oak Road.

The property lies east of the Military Cutoff Extension, with a service road approximately 1,371 feet away. The extension provides access toward I-140 and I-40. CFPUA water and sewer projects are described as planned to serve the area in 2025 and 2026, respectively; availability for this parcel is contingent on commercial zoning.

Key Highlights

  • 8.84‑acre commercial land parcel
  • Approved special use permits for an assisted living facility and a 95' cell tower
  • 464.4 feet of frontage on Plantation Road

Property Analytics

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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.

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Approved permits cover an assisted living facility and a 95-foot cell tower.
Where is this commercial land located?
The property is located at 121 Plantation Road 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: 8.84‑acre commercial land parcel; Approved special use permits for an assisted living facility and a 95' cell tower; 464.4 feet of frontage on Plantation Road
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