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712 4th St - 712 N 4th Street 0.94 Acres of Commercial Land Offered at $3,995,000 in Wilmington, NC 28401
Executive Summary
Rare multi-parcel offering in Wilmington's sought-after Brooklyn Arts District. This ±0.94-acre, centrally located property is zoned Central Business District (CBD) and sits in the heart of Downtown Wilmington. The assemblage includes five contiguous parcels spanning N. 4th Street to N. 5th Avenue--an increasingly rare opportunity to secure through-block connectivity in this rapidly evolving area. The site currently features a ±12,000 sq. ft. industrial warehouse and is home to ACME Art Studios, a well-established creative hub. Positioned within the CBD, the property is ideally suited for infill redevelopment aligned with the city's vision for a dense, walkable, mixed-use urban core. Zoning allows for building heights up to 70 feet with no required setbacks, offering flexibility for a range of development concepts including residential, live/work, or mixed-use projects. Surrounded by ongoing revitalization, thriving local businesses, and cultural destinations, this site represents a prime opportunity in one of downtown's fastest-growing districts.
Property Facts
| Price | $3,995,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.94 AC |
| Property Type | Land | ||
| Zoning | CBD - Central Business District | ||
| Price | $3,995,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.94 AC |
| Zoning | CBD - Central Business District |
1 Lot Available
Lot
| Price | $3,995,000 | Lot Size | 0.94 AC |
| Price Per AC | $4,250,000.00 |
| Price | $3,995,000 |
| Price Per AC | $4,250,000.00 |
| Lot Size | 0.94 AC |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $555,300 | |
| Land Assessment | $1,458,800 | Total Assessment | $2,014,100 |
Property Taxes
Parcel Numbers
Land Assessment
$1,458,800
Improvements Assessment
$555,300
Total Assessment
$2,014,100
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