2501 Wrightsville AVE, Wilmington, NC 28403
2501 Wrightsville AVE, Wilmington, NC 28403
2501 Wrightsville AVE, Wilmington, NC 28403
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$692,500
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0.77 Acres Lot
Price Dropped by $7K

2501 Wrightsville AVE Wilmington, NC 28403

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Key Details

Property Type Vacant Land

Sub Type Undeveloped

Listing Status Active

Purchase Type For Sale

Subdivision Not In Subdivision

MLS Listing ID 100565916

Lot Size 0.770 Acres

Acres 0.77

Property Sub-Type Undeveloped

Source Hive MLS

Property Description

Position your next development along the Wrightsville Avenue corridor with ±0.77 acres (33,612 SF) of CS-zoned land offered at approximately $907K per acre. Much of the upfront due diligence has already been completed, including a survey, soil and infiltration testing, and a Brownfields Assessment Work Plan. The property is enrolled in the NC Brownfields Program with recorded land use restrictions in place, providing a framework for liability protection for new owners and potential eligibility for North Carolina's brownfields property tax incentive on redevelopment improvements. With key site questions already addressed, this property offers a more defined and de-risked path toward development in a desirable midtown location.

The concept: an approximately 8,370 SF, four-story mixed-use building - ground-floor commercial with three residential levels above and approximately 38 parking spaces - designed for a renter-majority trade area minutes from Independence Mall, Forest Hills, and Wilmington's medical and employment centers. Midtown Wilmington continues to densify, and CS zoning supports a broad range of commercial and mixed-use outcomes beyond the concept shown.

The seller is offering a $50,000 remediation credit with an acceptable offer, effectively pricing the environmental work into the deal. Full due diligence package - survey, soils, Brownfields documentation, and concept plan - available to qualified buyers.

High-visibility frontage on one of midtown's most traveled corridors. Bring your site plan or build the one already envisioned.




Full due diligence materials are available to qualified buyers.

Location

State NC

County New Hanover

Community Not In Subdivision

Zoning CS

Direction From University of North Carolina Wilmington, head northwest on Randall Dr, continue onto Randall Pkwy (1.7 mi), turn left on Independence Blvd (0.3 mi), then right on Wrightsville Ave. Continue 0.6 mi--2501 Wrightsville Ave will be on your right.

Location Details Mainland

Rooms

Other Rooms None

Exterior

Garage No

Schools

Elementary Schools Forest Hills

High Schools New Hanover

Others

Tax ID R05412-001-014-000

Special Listing Condition Standard


Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors / Mountain Lakes Board of Realtors
Listed by Prosper Real Estate

NEARBY SCHOOL & BUSINESS

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Heather Dozier

Heather Dozier

Broker License ID: 197005

+1(252) 207-6686

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2501 Wrightsville AVE