Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Watercraft Fry Ave Wilmington, NC 28412

    Sponsored
    For Sale
    Contact for pricing

    Wilmington Waterfront Commercial Land

    Property size:
    100,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use development opportunity encompasses approximately 140 acres of prime commercial land situated within the thriving Riverlights community in Wilmington, North Carolina. Located on the Cape Fear River, this waterfront property offers unparalleled access to the area's natural beauty and vibrant lifestyle. The site boasts a total of approximately 100,000 square feet, with individual parcels ranging from 0.22 to 0.5 acres, ideal for a variety of commercial ventures, including hotels and retail establishments. Riverlights is a master-planned community, already home to over 750 homes and 295 apartments, with plans for a total of 3,350 homes upon completion. This strategic location provides easy access to downtown Wilmington's charming streets, renowned culinary scene, and award-winning golf courses, all within a 15-minute radius. Furthermore, the property is conveniently located just 15 minutes from Carolina Beach and is surrounded by numerous employers, reflecting Wilmington's status as one of North Carolina's fastest-growing cities. This is a rare chance to acquire one of the last remaining large commercial development sites in this highly desirable location, offering significant potential for substantial returns. The property's proximity to over 14,000 existing residences within a three-mile radius ensures a robust customer base. The extensive river frontage adds to the property's unique appeal and development potential.

    Property Features for 0 Watercraft Fry Ave

    General Information

    Property type
    Land
    Square Feet
    100,000 SF
    Lot Size
    6,098,400 SF

    HighLights

    • ±140 Acres of mixed‑use commercial land available for development.
    • Located within the ±1,400‑acre Riverlights master‑planned community.
    • Proximity to 14,000+ existing residences within a 3‑mile radius.
    • Waterfront location on the Cape Fear River.
    • ±2 miles of Cape Fear River frontage.
    • 15‑minute proximity to Downtown Wilmington and Carolina Beach.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.9423054
    Latitude
    34.1516288

    Nearby Similar for Sale

    • $1,465,000
      4,848 SF

      Wilmington Mixed-Use Investment Opportunity

      8-unit mixed-use property near historic district with strong rental history.
      719 Princess St, Wilmington, NC 28401
      View Details
    • $890,000
      5,467 SF

      Historic Mansion in Downtown Wilmington

      Unique historic mansion with development potential in Wilmington's Historic District.
      708 Market St, Wilmington, NC 28401
      View Details
    • $1,795,000
      4,761 SF

      Historic Downtown Wilmington Residence

      Historic 4,761 sq ft residence in downtown Wilmington.
      118 S 4Th St, Wilmington, NC 28401
      View Details
    • $719,000
      2,015 SF

      Wilmington Income-Generating Multifamily Property

      Income property near Downtown, Burnt Mill Creek, and Soda Pop District.
      2020 Princess Place Dr, Wilmington, NC 28405
      View Details
    • $888,000
      3,104 SF

      Wilmington Duplex: Short-Term Rental Income

      Fully furnished duplex in Wilmington, NC, generating substantial rental income.
      312 Church St, Wilmington, NC 28401
      View Details
    • $10,750,000
      41,315 SF

      Wilmington Multifamily Investment Opportunity

      54-unit Wilmington rental portfolio with income and value-add potential.
      145 Lullwater Dr, Wilmington, NC 28403
      View Details
    • $725,000
      3,096 SF

      Wilmington Duplex: Investment Opportunity

      Rare opportunity to own a cash-flowing duplex in Wilmington, NC.
      1308 Corbett St, Wilmington, NC 28401
      View Details
    • $5,799,900
      24,768 SF

      Wilmington Multifamily Investment Opportunity

      Portfolio of eight duplexes near downtown Wilmington.
      1405 Corbett St, Wilmington, NC 28401
      View Details
    • $1,050,000
      3,548 SF

      Historic Wilmington Duplex Opportunity

      Historic duplex in Wilmington's Historic District, flexible living options.
      223 S 5Th Ave, Wilmington, NC 28401
      View Details
    • $992,750
      3,396 SF

      Renovated Duplex in Historic Downtown

      Versatile duplex in Wilmington's Historic Downtown, suitable for residential or commercial.
      8 S 7Th St, Wilmington, NC 28401
      View Details
    • New
      $979,000
      3,579 SF

      Midtown Wilmington Mixed-Use Opportunity

      Commercial mixed-use property in Midtown Wilmington with flexible floor plan.
      5018 Oleander Dr, Wilmington, NC 28403
      View Details
    • New
      $979,000
      3,808 SF

      Midtown Wilmington Mixed-Use Opportunity

      Commercial mixed-use property in Midtown Wilmington with flexible floor plan.
      5018 Oleander Dr, Wilmington, NC 28403
      View Details

    FAQs

    What type of property is this?
    Land - Wilmington Waterfront Commercial Land
    Where is this land located?
    The property is located at Watercraft Fry Ave Wilmington, NC.
    What are key features of this property?
    This property features: ±140 Acres of mixed-use commercial land available for development.; Located within the ±1,400-acre Riverlights master-planned community.; Proximity to 14,000+ existing residences within a 3-mile radius.
    Request Owner's contact information
    Watercraft Fry Ave Wilmington, NC 28412
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Watercraft Fry Ave
    Wilmington, NC 28412
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Watercraft Fry Ave Wilmington, NC 28412
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.