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Platted Farmland Development Parcel
For Sale
$1,344,000

155-158 Plantation, Wilmington, NC 28411

Platted 13.44-acre parcel with recorded road right-of-way and new sewer infrastructure being installed for future development.

Property SizeContact for details
Lot Size13.44 Acres
Days on Market691

Property Features for 155-158 Plantation

General Information

Standard status Active
Lot size 13.44 Acres
Property subtype Land or Vacant Lot

Site & Location

Road Access Yes
Utilities to Site Yes

Amenities

Wooded
Listing Agency: COASTAL PROPERTIES
Listed By: DONNA H GRADY · License #231580
Source: Corcoran
Added: Sep 30, 2024 Changed: Aug 12 Last Checked: Aug 21 at 7:59AM

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

Investment Insights

Based on property information with market context.

This offering includes Ranches 155 and 158 totaling 13.44 acres described as a plotted subdivision from the 1970s that was never developed. The recorded plat includes a 60-foot right of way for a road on the southwest line of the property intended to provide access toward the Murray Woods Subdivision. The property also has approximately 750.9 feet of road frontage and is being sold as-is, with the seller stating it will not be subdivided.

Access is tied to the surrounding road network. The remarks note that a road off Plantation Road can be paved for County access to these lands, and that the property would be at the end of Plantation Road. The Cape Fear Public Utility Authority (CFPUA) owns adjacent parcels on Plantation Road, including deep water well access. CFPUA has also begun providing sewer to the area, with sewer pipes under construction, and the parcel is described as one 5-acre parcel away from a currently planned Murray Woods subdivision.

For buyers, the site is positioned as both development land and an estate-type hold. The property is near other activity in the area, including recently rezoned parcels bordering Military Cutoff Extension, and remarks that infrastructure work such as underground power and fiber optic cable placement has already been completed along Crooked Pine Road and Plantation Road.

Key Highlights

  • 13.44‑acre platted ranch parcels (Ranches 155 and 158) ready for development
  • Recorded plat includes a 60' right of way for a road on the SW line to access Murray Woods subdivision
  • Road frontage of 750.9 feet along Plantation Rd, with the parcel at the end of Plantation Rd

Property Analytics

Current Use

Agricultural land / Farmland

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
Paved road access
Yes
Utilities to site

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Platted 13.44-acre parcel with recorded road right-of-way and new sewer infrastructure being installed for future development.
Where is this agricultural land / farmland located?
The property is located at 155-158 Plantation Wilmington, NC.
What is the asking price?
The asking price for this property is $1,344,000.
What are key features of this property?
This property features: 13.44‑acre platted ranch parcels (Ranches 155 and 158) ready for development; Recorded plat includes a 60' right of way for a road on the SW line to access Murray Woods subdivision; Road frontage of 750.9 feet along Plantation Rd, with the parcel at the end of Plantation Rd
More about this property
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