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    River Rd Wilmington, NC 28412

    For Sale
    Contact for pricing

    Wilmington, NC: Prime Mixed-Use Opportunity

    Property size:
    595,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional executive office opportunity is part of Riverlights, a thriving 1,300-acre master-planned community in Wilmington, North Carolina. Located within the 7Bridge development, the commercial core of Riverlights, this property offers 595,000 square feet of space across multiple parcels. The available land parcels range from 1.0 to 4.92 acres, providing flexibility for various development scenarios. 7Bridge is designed to be a vibrant lifestyle hub, offering a full spectrum of retail, entertainment, and service commercial options, alongside diverse residential living. This prime location benefits from proximity to over 14,000 existing residences within a 3-mile radius and approximately 2 miles of Cape Fear River frontage. Enjoy convenient access to downtown Wilmington and Carolina Beach, both within a 15-minute drive. Carolina Beach is consistently ranked among the top beaches in North Carolina. Riverlights itself is a dynamic community, with approximately 1,200 completed homes and growing, boasting an average single-family home sale price of $580,000. The community attracts residents from across the East Coast, including North Carolina, New Jersey, Maryland, Pennsylvania, and Virginia. This presents a unique opportunity to be part of a rapidly expanding and highly desirable mixed-use development in a prime waterfront location. The remaining parcels offer a rare chance to invest in a thriving community with significant growth potential.

    Property Features for 0 River Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    595,000 SF
    Lot Size
    43,560 SF

    HighLights

    • ±1,300‑acre master‑planned Riverlights community in Wilmington, NC.
    • 7Bridge, Riverlights' commercial core, offers ±595,000 SF of mixed‑use development across multiple parcels ranging from 1.0 to 4.92 acres.
    • Over 14,000 residences within a 3‑mile radius.
    • Waterfront location with ±2 miles of Cape Fear River frontage.
    • 15‑minute drive to Downtown Wilmington and Carolina Beach (ranked a top beach in NC).
    • Riverlights boasts an average single‑family home sale price of $580,000 and over 1,200 completed homes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.920991
    Latitude
    34.1208649

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    FAQs

    What type of property is this?
    Mixed-use property - Wilmington, NC: Prime Mixed-Use Opportunity
    Where is this mixed-use property located?
    The property is located at River Rd Wilmington, NC.
    What are key features of this property?
    This property features: ±1,300-acre master-planned Riverlights community in Wilmington, NC.; 7Bridge, Riverlights' commercial core, offers ±595,000 SF of mixed-use development across multiple parcels ranging from 1.0 to 4.92 acres.; Over 14,000 residences within a 3-mile radius.
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    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
    River Rd Wilmington, NC 28412
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