This Land Property is no longer advertised on LoopNet.com.

2888 Worth Dr
Wilmington, NC 28412
2888 Worth Drive · Land For Sale · 1.59 AC

Investment Highlights

  • Track of land zoned R-5

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Planned Unit Development
Total Lot Size 1.59 AC
Zoning R-5 - R-5

Description

Seize the opportunity to develop a prime tract of land in an emerging central location near the Cape Fear River, State Port, Novant New Hanover Regional Medical Center, historic downtown Wilmington, and just a short drive to area beaches. This expansive 1.59-acre property, currently zoned R-5, is in the process of entitlements to be subdivided into three lots, potentially allowing for the development of 19 residential units. This land offers an unparalleled opportunity for builders and developers looking to tap into a thriving real estate market. With the ability to subdivide and construct 19 units, investors can maximize their return by selling each unit in a high-demand area. The property's strategic location and the growing demand for residential housing make it an ideal site for creating a vibrant new community. Capitalize on this rare chance to shape the future of a burgeoning neighborhood.

Property Taxes

Property Taxes

Parcel Number
R06509-003-003-000
Land Assessment
$219,600
Improvements Assessment
$0
Total Assessment
$219,600
  • Listing ID: 31321841

  • Date on Market: 3/25/2024

  • Last Updated:

  • Address: 2888 Worth Dr, Wilmington, NC 28412

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