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    OFF-MARKET
    Land

    812 4Th St, Wilmington, NC 28401

    0.56 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 0.56 ac (24,394 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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