945 Medical Center Dr Wilmington, NC 28401

Property Details for 945 Medical Center Dr

Lot size

1.77 lot acres

Property type

Commercial real estate

APN

R06018-003-060-000

Description

This exceptional 1.77-acre commercial land parcel in Wilmington, NC, presents a compelling investment opportunity. Located at 945 Medical Center Dr, in New Hanover County (zip code 28401), this property is zoned O&I (Office and Institutional), offering a wide range of development possibilities. The asking price is $1,200,000, translating to $15.56 per square foot. Its strategic location offers easy access to major thoroughfares, including proximity to 17th Street and the Novant New Hanover Regional Medical Center campus. Medical Center Drive dead-ends into the hospital just 0.75 miles north, while the intersection with Carolina Beach Road is only 0.34 miles south, ensuring excellent visibility and accessibility. The site benefits from existing stormwater and utility infrastructure. Neighboring properties include a Holiday Inn Express, Delaney Radiology, and The Healing Place, highlighting the area's established commercial and medical presence. Permitted uses under the O&I zoning include hospitality, medical office, and general office spaces, with apartment development also feasible through the CDMU process. The City of Wilmington's new Land Development Code will govern any site plan. A survey is available for review. Interested parties are encouraged to contact the City of Wilmington's Zoning Department for further details regarding development regulations. The property's APN is R06018-003-060-000.