2888 Worth Drive Drive , Wilmington, NC 28412
Wilmington, NC 28412
Description
Seize the opportunity to develop a prime tract of land in an emerging central location near the Cape Fear River, State Port, Novant New Hanover Regional Medical Center, historic downtown Wilmington, and just a short drive to area beaches. This expansive 1.6-acre property, currently zoned R-5, is in the process of entitlements to be subdivided into three lots, potentially allowing for the development of 19 residential units. This land offers an unparalleled opportunity for builders and developers looking to tap into a thriving real estate market. With the ability to subdivide and construct 19 individual homes, investors can maximize their return by selling each unit in a high-demand area. The property's strategic location and the growing demand for residential housing make it an ideal site for creating a vibrant new community. Capitalize on this rare chance to shape the future of a burgeoning neighborhood. This land is not just a piece of property, but a canvas for creating a prosperous residential enclave. Act now to transform this vision into a lucrative reality, and unlock the full potential of this exceptional development opportunity.
Details
| MLS# | 100445804 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 138 |
| Listing Provided By | Intracoastal Realty Corp | The Rising Tide Team |
Features
| Zoning | R |
|---|---|
| Acreage | 1.60 |
Market Activity 28412
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Learn More About This Property
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28412 |
| Area | New Hanover |
| Community Name | Belmont |
| Listing VS Median (in Belmont) | |
Price: $650,000 low | high Med: $277,450 On Site: 138 low | high Med: 59.000000 | |