Property profile

0 Watercraft Fry Ave Wilmington, NC 28412

OFF-MARKET
Land
1.13 ac lot
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Property summary

AI-generated overview

Exceptional commercial land parcels are available for development within the prestigious Riverlights master-planned community in Wilmington, North Carolina. These waterfront sites boast unparalleled access to the Cape Fear River, offering breathtaking views and significant development potential. The property is situated within a thriving 1,400-acre mixed-use development featuring approximately 12 miles of river frontage. Three distinct parcels are available, providing flexibility for various commercial ventures. Parcel Mx-1 D encompasses 1.13 acres, while Mx-1 C offers 4.23 acres, and Mx-1 A comprises 4.87 acres. Each parcel is priced at $450,000 per acre, presenting a unique investment opportunity in a rapidly growing area. The location at Watercraft Ferry Ave, Wilmington, NC 28412, provides convenient access to major transportation routes and amenities. This prime real estate is ideal for businesses seeking a high-profile location with stunning river views and ample space for development. The land is zoned for commercial use, allowing for a wide range of development possibilities. Don't miss this chance to secure a piece of Wilmington's vibrant waterfront. Contact us today to learn more about these exceptional commercial land opportunities.

Property profile

Verified
Property type Land
Lot 1.13 ac (49,223 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Watercraft Fry Ave Wilmington, NC 28412
Wilmington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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