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1551 Point Harbor Rd - Multifamily Site 29.38 Acres of Commercial Land Offered at $9,435,000 in Wilmington, NC 28408
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.
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 | $9,435,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 29.38 AC |
| Property Type | Land | ||
| Zoning | RF-MU - Residential Flat | ||
| Price | $9,435,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 29.38 AC |
| Zoning | RF-MU - Residential Flat |
1 Lot Available
Lot
| Price | $9,435,000 | Lot Size | 29.38 AC |
| Price Per AC | $321,136.83 |
| Price | $9,435,000 |
| Price Per AC | $321,136.83 |
| Lot Size | 29.38 AC |
Lot for sale
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,719,600 | |
| Land Assessment | $2,300,100 | Total Assessment | $8,019,700 |
Property Taxes
Parcel Numbers
Land Assessment
$2,300,100
Improvements Assessment
$5,719,600
Total Assessment
$8,019,700
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1551 Point Harbor Rd - Multifamily Site
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