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    1840 Burnett Rd Wilmington, NC 28401

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    For Sale
    $400,000

    Vacant lot near Wilmington Port with versatile commercial zoning.

    Lot size:
    1.79 Acres

    Property Features for 1840 Burnett Rd

    General Information

    Standard status
    Active
    Lot size
    1.79 Acres

    Source: PROSPER REAL ESTATE Agent TYLER N BROUGHTON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wilmington Port Commercial Land Opportunity

    Located near the Wilmington Port, the vacant lot at 1840 Burnett Blvd presents a commercial opportunity with CS (Commercial Services) zoning. The zoning allows for a range of light industrial and commercial uses, suitable for utility contractors, trucking companies, general contractors, or flex space. The property offers logistical advantages and access to major transport routes. The lot is subject to a 20-foot Cape Fear Public Utility easement on the west side of the property. A survey is available upon request to show easement details. Pre-TRC comments, surveys, topography details, and concept plans are also available upon request.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Kitchen & Bath Accounting Firm Grocery Store Electrical Service Furniture Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.8878845
    Latitude
    34.0748367

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    FAQs

    What type of property is this?
    Commercial land - Vacant lot near Wilmington Port with versatile commercial zoning.
    Where is this commercial land located?
    The property is located at 1840 Burnett Rd Wilmington, NC.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Prime location near Wilmington Port offering logistical advantages and easy access to major transport routes.; - CS (Commercial Services) zoning allows for a range of light industrial and commercial uses.; - Vacant lot provides a blank canvas to tailor to specific business needs.
    Request Owner's contact information
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    Wilmington, NC 28401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1840 Burnett Rd Wilmington, NC 28401
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