1916 16Th St Wilmington, NC 28401
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Prime Drive-Thru Location, High Traffic Area
Property Features for 1916 16Th St
General Information
- Property type
- Hospitality properties
- Lot Size
- 21,780 SF
Listing Agency: Blue Coast Commercial Listing Agent: Steve Hall
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 0.5-acre commercial property, located at 1916 S 16th St in Wilmington, North Carolina (APN: R05419-008-001-000), presents a lucrative investment opportunity. Priced at $400,000, this represents a land value of $800,000 per acre. The property boasts a highly desirable location on the signalized corner of S. 16th Street and Robinhood Road, offering unparalleled visibility and accessibility. Situated less than a quarter-mile from New Hanover Regional Medical Center, this site benefits from significant daily traffic counts averaging 24,000 vehicles on 16th Street. Zoned O&I, the property is ideally suited for a variety of uses, including restaurants with drive-thrus, drug stores, or office spaces. The vacant land provides ample space for development, making this a prime opportunity for investors seeking a high-traffic, strategically located commercial property in a thriving Wilmington neighborhood. The property's zoning and location combine to create a strong foundation for a successful commercial venture. This is a rare opportunity to acquire a well-positioned parcel in a high-demand area of Wilmington, NC. The property's proximity to a major medical center further enhances its appeal and potential for strong returns.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.9264311
- Latitude
- 34.2128281
Nearby Similar for Sale
FAQs
What type of property is this?
Hospitality property - Prime Drive-Thru Location, High Traffic Area
Where is this hospitality property located?
The property is located at 1916 16Th St Wilmington, NC.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 0.5-acre commercial lot in Wilmington, NC, priced at $400,000.; High-traffic corner location at S. 16th St & Robinhood Rd, offering excellent visibility.; Less than 0.25 miles from New Hanover Regional Medical Center, with 24,000+ daily vehicles on 16th St.
