Contiguous Commercial Land
For Sale
Contact for pricing
Pending
508 510 512 516 McRae St, Wilmington, NC 28401
Community Business zoning supports commercial or mixed-use development.
Property SizeContact for details
Days on Market145
Property Features for 508 510 512 516 McRae St
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
RE/MAX Essential
Listed By:
Kenneth Fisher · License #NC227264
(910) 616-2123
Source:
Crexi
Added: Apr 12
Changed: Sep 1
Last Checked: Sep 1 at 3:53AM
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 RE/MAX Essential
Investment Insights
Based on property information with market context.
This commercial land offering comprises 4 parcels at 508, 510, 512, and 516 McRae Street in Wilmington, North Carolina. The contiguous assemblage can be retained as separate lots or reorganized into a combined development site, providing flexibility in site planning.
Community Business zoning allows full commercial or mixed-use development. The property sits across from Hemenway Center Park and is surrounded by residential rooftops, placing the site within an established downtown-area setting. The assemblage offers a defined land base for development consistent with the applicable zoning framework.
Community Business zoning allows full commercial or mixed-use development. The property sits across from Hemenway Center Park and is surrounded by residential rooftops, placing the site within an established downtown-area setting. The assemblage offers a defined land base for development consistent with the applicable zoning framework.
Key Highlights
- 4 contiguous parcels at 508, 510, 512, and 516 McRae Street
- Community Business zoning permits commercial or mixed‑use development
- Parcels may be developed individually or recombined
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,319
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?
Commercial land - Community Business zoning supports commercial or mixed-use development.
Where is this commercial land located?
The property is located at 508 510 512 516 McRae St Wilmington, NC.
What are key features of this property?
This property features: 4 contiguous parcels at 508, 510, 512, and 516 McRae Street; Community Business zoning permits commercial or mixed‑use development; Parcels may be developed individually or recombined
