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Garden apartment buildings
NC
Wilmington
28412
4544 Fairview Dr

Property profile

4544 Fairview Dr Wilmington, NC 28412

FOR SALE

Garden apartment buildings

Property ID

US53-1803121

36,870 SF 12.73 ac lot Built 2020

Entity Owned 6-yr Hold Absentee Owner Free & Clear

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4544 Fairview Dr, Wilmington, NC 28412
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The property is an approximately 1.26-acre outparcel located within Ansley Park, a mixed-use development in Wilmington, North Carolina, off Carolina Beach Road between Historic Downtown Wilmington and Carolina Beach. The surrounding area provides access to nearby destinations including UNCW, Novant Health (New Hanover Regional Medical Center), The Pointe at Barclay, Long Leaf Mall, and Halyburton Park. Ansley Park includes a multi-family component with more than 200 units and resort-style amenities, with internal connectivity through Fairfield Park and surrounding open green space. The outparcel (Tract 1) is suitable for future office or retail development and is supported by existing infrastructure, including road improvements within the park, off-site stormwater management, and municipal utilities.

Property type Garden apartment buildings

Use group GARDEN APT, COURT APT (5+ UNITS)

Year built 2020

Total area 36,870 SF

Lot 12.73 ac (554,519 SF)

Zoning code MX

APN R07000-003-204-000

UPID US53-1803121

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

4544 Fairview Dr Wilmington, NC 28412

Wilmington metro Census 12007 WILMINGTON, NC METROPOLITAN STATISTICAL AREA

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Blend (final) Blend

$2.70M

since 2019

3 recorded transactions

2019

$2.9M

2019

$1.8M

1969

Price N/A

Zoning description

dential District. Sec. 18-182. - R-3, Central City Residential District. Sec. 18-183. - MHP, Manufactured Housing Park District. Sec. 18-184. - Multifamily Residential Districts (MF-L, MF-M, MF-MH, MF-H). Sec. 18-185. -…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$1,705,000

32,331 SF

1120 Matteo Dr

GARDEN APT, COURT APT (5+ UNITS)

1120 Matteo Dr, Wilmington, NC 28412-1038

View Details
Value Estimation
$1,310,000

30,300 SF

Barclay Pointe Blvd

GARDEN APT, COURT APT (5+ UNITS)

Barclay Pointe Blvd, Wilmington, NC 28412

View Details
Value Estimation
$1,680,000

52,176 SF

2821 Carolina Bch Rd

GARDEN APT, COURT APT (5+ UNITS)

2821 Carolina Bch Rd, Wilmington, NC 28412

View Details
Value Estimation
$1,600,000

79,920 SF

700 Saint Andrews Dr

GARDEN APT, COURT APT (5+ UNITS)

700 Saint Andrews Dr, Wilmington, NC 28412

View Details
Value Estimation
$1,205,000

32,331 SF

4713 Carolina Bch Rd

GARDEN APT, COURT APT (5+ UNITS)

4713 Carolina Bch Rd, Wilmington, NC 28412-2303

View Details
Value Estimation
$2,615,000

126,336 SF

814 Saint Andrews Dr

GARDEN APT, COURT APT (5+ UNITS)

814 Saint Andrews Dr, Wilmington, NC 28412-5158

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