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    Watercraft Fry Ave Wilmington, NC 28412
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    Watercraft Fry Ave, Wilmington, NC 28412

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    • Mixed-use properties
    • 100,000 SF
    • 140.00 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 0 Watercraft Fry Ave

    Lot size
    140.00 lot acres
    Property type
    Mixed-use properties
    Property subtype
    Land

    Description

    This exceptional mixed-use development opportunity encompasses approximately 140 acres of prime commercial land situated within the thriving Riverlights community in Wilmington, North Carolina. Located on the Cape Fear River, this waterfront property offers unparalleled access to the area's natural beauty and vibrant lifestyle. The site boasts a total of approximately 100,000 square feet, with individual parcels ranging from 0.22 to 0.5 acres, ideal for a variety of commercial ventures, including hotels and retail establishments. Riverlights is a master-planned community, already home to over 750 homes and 295 apartments, with plans for a total of 3,350 homes upon completion. This strategic location provides easy access to downtown Wilmington's charming streets, renowned culinary scene, and award-winning golf courses, all within a 15-minute radius. Furthermore, the property is conveniently located just 15 minutes from Carolina Beach and is surrounded by numerous employers, reflecting Wilmington's status as one of North Carolina's fastest-growing cities. This is a rare chance to acquire one of the last remaining large commercial development sites in this highly desirable location, offering significant potential for substantial returns. The property's proximity to over 14,000 existing residences within a three-mile radius ensures a robust customer base. The extensive river frontage adds to the property's unique appeal and development potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.9423
    Latitude
    34.1516
    More about this property
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