1423 Crooked Pine Rd, Wilmington, NC 28411
For Sale
This exceptional 4.93-acre parcel of land presents a unique opportunity for residential development in a rapidly growing area of New Hanover County, North Carolina. Located at 1423 Crooked Pine Rd, Wilmington, NC 28411 (APN: R02700-001-004-007), this heavily wooded vacant land boasts approximately 470 feet of frontage along Crooked Pine Rd, a dirt road. The property is situated at the end of Murrayville Rd as it transitions to Crooked Pine Rd, and will be conveniently located east of the planned Murrayville Rd Extension, which will connect to Military Cutoff Extension, enhancing accessibility. Zoned R-15 Residential District, this land is ideal for single-family residential construction. The asking price is $440,000, translating to approximately $86,206 per acre. Its proximity to Hanover Reserve, a proposed mixed-use development, further underscores its potential for significant appreciation. This is a rare opportunity to acquire a substantial residential lot in a desirable and rapidly developing part of Wilmington. Don't miss out on this chance to build your dream home or develop a residential project in a prime location.
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
Similar Nearby for Sale
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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.