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Commercial Land with Existing Building
For Sale
$260,000

2010 Princess Place Drive, Wilmington, NC 28405

Commercial Sale, Wilmington, NC

Property SizeContact for details
Lot Size0.26 Acres
Days on Market215

Property Features for 2010 Princess Place Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning CB-COMMUNITY B
Parking features Off Street, Parking Lot
Subdivision Green Acres
Directions Drive south on Market St. towards downtown. Turn right onto 23rd street, and then left onto Princess Place. Property will be about 1/4 mile ahead on the left hand side.
Standard status Active
APN R04815-017-016-000
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description GREEN MILL CREEK WILM
Tax Annual Amount 1530
Legal Description GREEN MILL CREEK WILM

Building Details

Year built 1969
Flooring type Vinyl, Concrete
Building materials Block
Listing Agency: Intracoastal Realty Corporation
Listed By: Sarah N Busalachi · License #334591
Added: Feb 13 Changed: Sep 15 Last Checked: Sep 16 at 7:06AM
MLS# 100554428

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.26-acre commercial land parcel includes a 2,485-square-foot cement block building constructed in 1969. The structure is offered as-is and features vinyl and concrete flooring, along with off-street parking and a dedicated parking lot. The property is zoned CB-Community B, supporting neighborhood business uses as permitted by the applicable zoning requirements.

The site fronts Princess Place Drive, a well-traveled connector road in Wilmington. Nearby context includes Mary Bridgers Park, Bullock Park, the greenway, and the Cape Fear Rugby facility and field. Its existing improvements and commercial zoning provide a defined starting point for evaluating redevelopment or continued use of the current structure.

Key Highlights

  • 0.26‑acre commercial land parcel
  • 2,485‑square‑foot cement block building
  • CB‑Community B zoning

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply Nail Salon Spa & Massage Center Parking Lot & Garage

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

395
Businesses Nearby

Demographics for 28405, NC

31,775
Population
17,073
Households
1.9
Avg Household Size
41
Median Age
41%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,352
Density / Sq Mi
$67,809
Median Household Income
$41,265
Median Earnings
$1,405
Median Rent
$337,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - CB-Community B zoning and an existing block structure support neighborhood-oriented commercial redevelopment.
Where is this commercial land located?
The property is located at 2010 Princess Place Drive Wilmington, NC.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 0.26‑acre commercial land parcel; 2,485‑square‑foot cement block building; CB‑Community B zoning
More about this property
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