Property profile

801 S 3Rd St Wilmington, NC 28401

FOR SALE
Land
Property ID
US53-2037479
0.09 ac lot
Individually Owned 2-yr Hold
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Property summary

AI-generated overview

This exceptional 0.09-acre commercial land parcel presents a unique investment opportunity in the heart of Wilmington, North Carolina. Located at the highly visible intersection of South 3rd Street and Wooster Street, this property boasts a prime location near the vibrant downtown area. The parcel is comprised of two adjoining lots, totaling 3,877 square feet, and is designated as Mixed Use zoned, offering considerable flexibility for development. The property's address is 801 S 3rd St, Wilmington, NC 28401, and its location within New Hanover County ensures easy access to major transportation routes and amenities. The asking price for this strategically positioned land is $162,900. The property's Assessed Parcel Number (APN) is R05409-029-001-000. This is an ideal site for entrepreneurs and developers seeking to capitalize on the growing demand for commercial space in a thriving urban setting. The high visibility and convenient location make this property an attractive investment for a variety of commercial ventures. Don't miss this chance to acquire a valuable piece of Wilmington real estate. The property's coordinates are 34.2252957 latitude and -77.944545 longitude.

Property profile

Verified
Property type Land
Lot 0.09 ac (3,920 SF)
UPID US53-2037479

Cap rate & NOI

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

Location

801 S 3Rd St Wilmington, NC 28401
Wilmington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

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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More about this property
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