Vacant Residential Development
For Sale
Contact for pricing
412 Castle St, Wilmington, NC 28401
Vacant land zoned R-3, suitable for high-density, multi-unit residential development in a central Wilmington area.
Property Size13,935 SF
Lot Size0.32 Acres
Price / SF$59.20
Days on Market1132
Property Features for 412 Castle St
General Information
Standard status
Active
Size
13,935 SF
Lot size
0.32 Acres
Property subtype
LAND
Zoning
R-3
Listing Agency:
Intracoastal Realty Corp
Listed By:
Sky Grainger · License #234605
(910) 833-2546
Source:
Moodyscre
Added: Jul 7, 2023
Changed: Aug 8
Last Checked: Jul 25 at 9:30AM
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 Intracoastal Realty Corp
Investment Insights
Based on property information with market context.
Prime for residential redevelopment, this vacant parcel on Castle Street offers 11,935 SF of land zoned R-3. The R-3 district is intended for high urban residential development of multi-units, supporting denser residential concepts.
Set in a central part of Wilmington, the property is surrounded by a mix of commercial and residential activity. The combination of zoning and surrounding land uses makes it a straightforward option for buyers evaluating multi-unit redevelopment in an urban infill setting.
As land offered for sale, the asset provides an undeveloped starting point for future site planning within the R-3 framework.
Set in a central part of Wilmington, the property is surrounded by a mix of commercial and residential activity. The combination of zoning and surrounding land uses makes it a straightforward option for buyers evaluating multi-unit redevelopment in an urban infill setting.
As land offered for sale, the asset provides an undeveloped starting point for future site planning within the R-3 framework.
Key Highlights
- Vacant land on Castle Street totaling 11,935 SF (.319 acres)
- Zoned R‑3 for high urban residential development of multi‑units
- Located in central Wilmington with commercial and residential properties in the surrounding area
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,998
Businesses Nearby
Explore this area
Business Placement
Demographics for 28401, NC
22,204
Population
13,017
Households
1.7
Avg Household Size
41
Median Age
34%
College-Educated
88%
High-School Grad
31.0 sq mi
ZIP Area
716
Density / Sq Mi
$52,159
Median Household Income
$35,739
Median Earnings
$1,183
Median Rent
$263,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant land zoned R-3, suitable for high-density, multi-unit residential development in a central Wilmington area.
Where is this residential land & home lot located?
The property is located at 412 Castle St Wilmington, NC.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Vacant land on Castle Street totaling 11,935 SF (.319 acres); Zoned R‑3 for high urban residential development of multi‑units; Located in central Wilmington with commercial and residential properties in the surrounding area
