2501 Wrightsville AVE, Wilmington, NC 28403
2501 Wrightsville AVE, Wilmington, NC 28403
2501 Wrightsville AVE, Wilmington, NC 28403
2501 Wrightsville AVE, Wilmington, NC 28403
2501 Wrightsville AVE, Wilmington, NC 28403
2501 Wrightsville AVE, Wilmington, NC 28403
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$ 692,500
Est. payment | /mo

33,541 SqFt


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$ 692,500
Est. payment | /mo
Save

33,541 SqFt

Key Details

Property Type Vacant Land

Sub Type Undeveloped

Listing Status Active

Purchase Type For Sale

Square Footage 33,541 sqft

Price per Sqft $20

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

Shovel-ready thinking, midtown price: ±0.77 acres (33,612 SF) of CS-zoned land on the Wrightsville Avenue corridor at $907K/acre - with the expensive unknowns already answered. The seller has completed a survey, soil and infiltration testing, and a Brownfields Assessment Work Plan, with recorded land use restrictions in place and the site enrolled in the NC Brownfields Program - a framework that provides liability protection for new owners and may qualify redevelopment improvements for North Carolina's brownfields property tax incentive. This is a de-risked path to development, not a question mark.

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.

Rooms

Other Rooms None

Exterior

Topography Cleared/Partial

Garage No

Building

Additional Building None

Schools

Elementary Schools Forest Hills

High Schools New Hanover

Others

Tax ID R05412-001-014-000

Special Listing Condition Standard

Listed by Tyler N Broughton • Prosper Real Estate

NEARBY SCHOOLS & PROPERTIES

Reolsha Woods

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(912) 320-7732

reolshawoods@gmail.com

800 Battery Ave SE, Atlanta, GA 30339, United States

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2501 Wrightsville AVE