Property profile

1810 New Hanover Medical Park Dr Wilmington, NC 28403

FOR SALE
Commercial land
Property ID
US53-3260607
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Property summary

AI-generated overview

Located just off New Hanover Medical Park Drive, this 0.77-acre vacant lot offers an outstanding opportunity in one of Wilmington’s most desirable medical corridors—just minutes from Novant Health New Hanover Regional Medical Center. An adjacent 0.61-acre parcel is also available for purchase, providing the option to expand to nearly 1.4 acres of prime development potential. Zoned O&I (Office & Institutional) within the City of Wilmington, the property is perfectly suited for medical, dental, or professional office use. With utilities already available on-site, the lot is ready for immediate tap-in and development. Its strategic location near major healthcare providers, flexible zoning, and development-ready status make it an excellent opportunity for professionals looking to establish or grow their presence in Wilmington’s thriving healthcare and business community. This is a rare chance to secure a build-ready site in a high-visibility, rapidly growing area that continues to attract medical and professional services.

Property profile

Verified
Property type Commercial land
UPID US53-3260607

Cap rate & NOI

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

Location

1810 New Hanover Medical Park Dr Wilmington, NC 28403
Wilmington metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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