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115 Forest Hills Dr - 115 Forest Hills Drive 0.69 Acres of Commercial Land Offered at $753,657 CAD in Wilmington, NC 28403

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INVESTMENT HIGHLIGHTS

  • Great location.
  • Property offers incredible development and investment possibilities.

EXECUTIVE SUMMARY

Redevelopment Opportunity in Forest Hills – Prime .69 Acre Lot.
Incredible investment or custom home opportunity in the centrally located Forest Hills neighborhood. Situated on an expansive .69-acre lot, this property is ideal for builders, investors, or homeowners looking to redevelop, expand, or build new.
The existing structures offer flexible options — renovate and enlarge the current home, add a multi-car garage, or create functional exterior living spaces. The lot also allows for the construction of an Accessory Dwelling Unit (ADU), offering up to 50% of the primary home's square footage, not to exceed 1,200 sq ft — perfect for rental income, guest quarters, or multigenerational living.
Whether you’re envisioning a luxury custom residence, a dual-living setup, or a resale-ready investment, the potential here is unmatched. The oversized lot also allows ample space for a swimming pool, gardens, play areas, or further expansion.
Located minutes from downtown, midtown, top restaurants, businesses, entertainment venues, and local beaches, this property combines location, scale, and versatility. Pricing reflects land value based on comparable sales in the area.
Endless possibilities await — bring your vision to life in Forest Hills.

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER AC (CAD)
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes (CAD)
Annual -
Annual Per AC -
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $99,999
Annual Per AC $9.99

PROPERTY FACTS

Price $753,657 CAD
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Hold For Development
  • Hold For Investment
Total Lot Size 0.69 AC
Zoning R-15 - Residential

1 LOT AVAILABLE

Lot 11A

Price $753,657 CAD
Price Per AC $1,092,256.85 CAD
Lot Size 0.69 AC

Land for sale

DESCRIPTION

Discover this spacious approximately 2,000 sq ft home with additional garage apartment on over half an acre lot in the centrally located Forest Hills neighborhood. While it needs renovations, this property offers incredible development and investment possibilities. Perfect for those looking to create their dream home, the layout provides ample space for comfortable living and entertaining. The generous lot size provides plenty of outdoor potential for gardens, play areas, or expansion. This home offers a fantastic chance to breathe new life into a promising property. Don't miss out on this opportunity—schedule your showing today through Sky Grainger at (910) 833-2546!

  • Listing ID: 35969277

  • Date on Market: 2025-05-23

  • Last Updated:

  • Address: 115 Forest Hills Dr, Wilmington, NC 28403

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