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1916 S 16th St
Wilmington, NC 28401
1916 S 16th Street · Land For Sale · 0.50 AC

Investment Highlights

  • Drive thru possibility.
  • Located near signalized intersection.

Executive Summary

Vacant land 1916 S 16th St.
Drive-Thru restaurant location on a signalized intersection (needed to be verified with the City of Wilmington). Perfectly located on the signalized corner of S16th Street and Robinhood Road within 1/4 mile from Novant Hospital. There is roughly 0.50 acres of vacant land zoned O&I which allows for a restaurant user with a drive-thru, drug store, or office. This property offers great visibility and ease of access from the signalized intersection of 16th Street. Traffic counts for that sector of 16th Street average 24,000 plus cars per day.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Hospitality
  • Drugstore
  • Medical
  • Restaurant
  • Storefront, Retail or Office
Total Lot Size 0.50 AC
Zoning O&I - Office & Institutional

1 Lot Available

Lot

Price $299,000
Price Per AC $598,000.00
Lot Size 0.50 AC

Land of sale

Property Taxes

Property Taxes

Parcel Number
R05419-008-001-000
Land Assessment
$558,700
Improvements Assessment
$0
Total Assessment
$558,700
  • Listing ID: 28399335

  • Date on Market: 5/4/2023

  • Last Updated:

  • Address: 1916 S 16th St, Wilmington, NC 28401

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