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4700 New Centre Dr - 4.10 Acres RB Zoning - Perfect CDMU 4.1 Acres of Commercial Land Offered at $4,068,817 CAD in Wilmington, NC 28405
Investment Highlights
- This strategic position, flexible zoning, and proximity to everything Wilmington has to offer.
Executive Summary
One of Wilmington’s last remaining undeveloped RB-zoned parcels—an exceptional 4-acre site located at 4700 New Center Drive. This prime property sits directly adjacent to Target and is surrounded by a dynamic mix of national retailers and established multifamily communities, offering exceptional development potential. With its strategic position, flexible zoning, and proximity to everything Wilmington has to offer, this parcel stands out as a unique investment opportunity in a thriving retail and residential hub.
Property Facts
| Price | $4,068,817 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.10 AC |
| Property Type | Land | ||
| Zoning | RB - Regional Business | ||
| Price | $4,068,817 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.10 AC |
| Zoning | RB - Regional Business |
1 Lot Available
Lot
| Price | $4,068,817 CAD | Lot Size | 4.10 AC |
| Price Per AC | $992,394.35 CAD |
| Price | $4,068,817 CAD |
| Price Per AC | $992,394.35 CAD |
| Lot Size | 4.10 AC |
The Subject is a 4.1 acre development site located adjacent to Target and off Market Street, the region’s main commercial corridor that has a mix of national and local retailers. Sale of approximately 1.5 acres for $1.1 million may be considered
Description
With its strategic position, flexible zoning, and proximity to everything Wilmington has to offer, this parcel stands out as a unique investment opportunity in a thriving retail and residential hub.
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R04911-007-028-000 | Improvements Assessment | $1,820,485 CAD |
| Land Assessment | $1,713,868 CAD | Total Assessment | $3,534,354 CAD |
Property Taxes
Parcel Number
R04911-007-028-000
Land Assessment
$1,713,868 CAD
Improvements Assessment
$1,820,485 CAD
Total Assessment
$3,534,354 CAD
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4700 New Centre Dr - 4.10 Acres RB Zoning - Perfect CDMU
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