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7645 Carolina Beach Rd 7.6 Acres of Residential Land in Wilmington, NC 28412
Investment Highlights
- Fully entitled Shovel Ready 46-lot townhome development, complete with construction documents and permit-ready status.
- All utilities are secured, including public water and sewer
- Positioned along Carolina Beach Road, the main corridor to Carolina and Kure Beaches, just before Snow Cut Bridge.
Executive Summary
The property offers high visibility and frontage on a major thoroughfare with heavy daily commuter and seasonal traffic. Public water and sewer, with all easements secured for utility and stormwater infrastructure. Architectural and engineering plans for efficient, marketable 26-foot-wide townhome lots have been finalized, maximizing usability and market appeal.
Wilmington stands as one of the Southeast’s most dynamic housing markets, ranking #1 nationally for inbound migration in 2024 and boasting sustained home price appreciation of over 40% in five years. Median home prices on nearby Carolina Beach hover near $725,000, signaling strong absorption potential for well-positioned mid-tier offerings in a limited-inventory environment. Buyers are active, inventory remains tight, and this site sits in a corridor already validating new construction pricing power.
This offering provides developers with a streamlined route to project delivery and a clear pathway to rapid returns.
Property Facts
1 Lot Available
Lot
| Lot Size | 7.60 AC |
| Lot Size | 7.60 AC |
The property consists of 46 fully entitled townhome lots situated on 7.37 acres located at 7645 Carolina Beach Road in Wilmington, North Carolina.
Description
The property consists of 46 fully entitled townhome lots located at 7645 Carolina Beach Road in Wilmington, North Carolina. The site has completed construction design and is permit-ready. All entitlements and governmental approvals are secured. Public water and sewer service from Aqua is available, and utilities have easements in place for sewer and stormwater connectivity. The location offers direct access to Carolina and Kure Beaches via Carolina Beach Road and is situated prior to the Snow Cut Bridge. Wilmington has recorded significant inbound migration and housing demand growth, and the surrounding corridor is experiencing active residential development activity.
Property Taxes
| Parcel Numbers | Improvements Assessment | $100,400 | |
| Land Assessment | $1,598,800 | Total Assessment | $1,699,200 |
Property Taxes
Presented by
7645 Carolina Beach Rd
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