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Unimproved Residential Development Land
For Sale
$1,900,000

7500-7516 Plantation Road, Wilmington, NC 28411

Unimproved land in the Greenview Ranches subdivision with utilities being installed, including electric, water, and sewer infrastructure.

Property Size777,110 SF
Price / SF$2.44
Days on Market1384

Property Features for 7500-7516 Plantation Road

General Information

Standard status Active
Size 777,110 SF
Property subtype Land / Undeveloped
Zoning R-15

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Amenities

MLS
0.0
Listing Agency: Coastal Properties
Listed By: Donna H Grady · License #231580
Source: Compass
Added: Oct 26, 2022 Changed: Aug 8 Last Checked: Aug 8 at 8:16AM

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 Coastal Properties

Investment Insights

Based on property information with market context.

Unimproved residential development land within the recorded Greenview Ranches subdivision, which never developed. The parcels are described as being zoned R-15, with the ability to be rezoned. Property remarks indicate that underground infrastructure for electricity, water, and sewer is in the process of being installed.

Access is described as being available off the Military Cutoff Extension and off Market Street. The area is described as being in the Porters Neck, Murrayville area, just below I-140 and east of the new Military Cutoff Extension. The remarks also note that Plantation Road is currently a dirt road, with DOT requesting it be paved, and that it is being kept passable to support CFPUA utility work.

Public remarks also reference a CFPUA update regarding bids for sewer pipe construction along Plantation Road, with activity dated 6/13/24. Additionally, the NHCo Commissioners approved a SUP permit for a T-Mobile cell tower at the corner of the Military Cutoff Extension Service Road and Plantation Road.

Key Highlights

  • Unimproved land in the Greenview Ranches subdivision in the Porters Neck, Murrayville area
  • Utilities installation in progress: underground electric, water, and sewer infrastructure being installed
  • CFPUA recently took bids for sewer pipe construction along Plantation Rd (6/13/24)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Garden Center Nail Salon Spa & Massage Center Bakery Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 28411, NC

37,834
Population
16,978
Households
2.2
Avg Household Size
41
Median Age
53%
College-Educated
96%
High-School Grad
41.2 sq mi
ZIP Area
918
Density / Sq Mi
$94,200
Median Household Income
$49,008
Median Earnings
$1,685
Median Rent
$363,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Unimproved land in the Greenview Ranches subdivision with utilities being installed, including electric, water, and sewer infrastructure.
Where is this residential land & home lot located?
The property is located at 7500-7516 Plantation Road Wilmington, NC.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Unimproved land in the Greenview Ranches subdivision in the Porters Neck, Murrayville area; Utilities installation in progress: underground electric, water, and sewer infrastructure being installed; CFPUA recently took bids for sewer pipe construction along Plantation Rd (6/13/24)
More about this property
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