812 4Th St, Wilmington, NC 28401
This exceptional .56-acre commercial lot presents a rare development opportunity in Wilmington, North Carolina's thriving Central Business District. Located at 812 N 4th Street, this property boasts 132 feet of frontage on North Fourth Street, a key artery in the rapidly developing area. The lot, identified by APN R04813-002-009-000, is zoned CBD, allowing for a wide range of commercial development possibilities. Its size, totaling 24,394 square feet, offers ample space for a variety of projects. Adding to its appeal is convenient access to a city-maintained alley located on the north side of the property, providing additional logistical advantages. This vacant parcel represents one of the few remaining undeveloped sites in the downtown core, making it an exceptional investment opportunity for developers seeking a prime location in a vibrant and growing urban center. The asking price for this highly desirable property is $1,122,500. Don't miss this chance to secure a piece of Wilmington's burgeoning commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.