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1551 Point Harbor Rd - Multifamily Site 29.38 Acres of Commercial Land Offered at $12,727,155 CAD in Wilmington, NC 28408

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Investment Highlights

  • Large Riverfront Tract.
  • The site benefits from tremendous views of downtown Wilmington.
  • Across from Downtown Wilmington.

Executive Summary

Located on the Cape Fear River in Wilmington, NC, the Subject consists of approx. 29 acres of waterfront land with over 900 feet of frontage along the Cape Fear River. The site benefits from tremendous views of downtown Wilmington along with access and visibility from the Isabella Holmes Bridge and US Hwy 421.
Of note, the Subject has received a Letter of Eligibility for the NC Brownfield Program and has a CAMA Major permit as well.

Property Facts

Price $12,727,155 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Hospitality
Total Lot Size 29.38 AC
Zoning RF-MU - Residential Flat

1 Lot Available

Lot

Price $12,727,155 CAD
Price Per AC $433,191.10 CAD
Lot Size 29.38 AC

Lot for sale

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • R04700-003-001-000
  • R04700-004-004-000
Land Assessment
$3,159,187 CAD
Improvements Assessment
$7,855,871 CAD
Total Assessment
$11,015,058 CAD
  • Listing ID: 12286417

  • Date on Market: 2018-04-17

  • Last Updated:

  • Address: 1551 Point Harbor Rd, Wilmington, NC 28408

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