801 S 3Rd St, Wilmington, NC 28401
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.