Active · Wilmington

2501 Wrightsville Avenue

Wilmington, NC 28403

$692,500

Property type
Land / lot
Lot size
0.77 acres

Listing provided courtesy of Prosper Real Estate MLS# 100565916

A closer look

About this property

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.

Exterior & grounds

Lot size (acres)
0.77
Waterfront
No

Community & association

Community
Not In Subdivision

Schools

Elementary school
Forest Hills
High school
New Hanover

School assignments should be independently verified with the school district.

Property information

Property type
Land
Property subtype
Undeveloped
MLS#
100565916
County
New Hanover
Zoning
CS

Explore this property

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2501 Wrightsville Avenue, Wilmington, NC 28403 · MLS# 100565916

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