5615 Bavarian Lane Wilmington, NC

This is a rare opportunity to acquire 2 acres in Murrayville, North Carolina, a submarket of the Wilmington Metropolitan Statistical Area. The tract comprises three contiguous parcels under single ownership, bordered by Owl Lane to the west and a Walgreens to the east, situated one lot from the intersection of Murrayville Road and North College Road. Nearby are Circle K, Lowes Food, PNC Bank, Dunkin Donuts, FitForLife, BP gas, and Northside Church. Bavarian Lane merges with North Kerr to the west, leading to industrial parks, while the Murrayville/Ogden neighborhoods lie to the east. To the north are Laney High School and the communities of Northchase and Castle Hayne. Rezoning is required for commercial uses. A residence currently exists on the property, fenced off for privacy by the owner. The owner will remove unwanted buildings, trailers, and fences. Utilities are located to the north, between the northern parcel and Northside Church. The site currently uses a septic system. A 2019 update to the zoning codes introduced newer commercial districts like the Community Business (CB) and Commercial Services (CS) zones. Traffic counts for North College are 26,434, and for Bavarian Lane, 14,345. The site is suitable for retail, hospitality, office space, or small multifamily development. Potential access to North College via a cross-access easement with Walgreens may benefit the site.