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$ 650,000
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1.6 Acres Lot
$ 650,000
Est. payment | /mo
1.6 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
Subdivision Belmont
MLS Listing ID 100445804
HOA Y/N No
Originating Board North Carolina Regional MLS
Lot Size 1.600 Acres
Acres 1.6
Property 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 1.6-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 individual homes, 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. This land is not just a piece of property, but a canvas for creating a prosperous residential enclave. Act now to transform this vision into a lucrative reality, and unlock the full potential of this exceptional development opportunity.
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 individual homes, 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. This land is not just a piece of property, but a canvas for creating a prosperous residential enclave. Act now to transform this vision into a lucrative reality, and unlock the full potential of this exceptional development opportunity.
Location
State NC
County New Hanover
Community Belmont
Zoning R
Direction Take 3rd Street to Carolina Beach Rd, turn right on Shipyard Blvd, turn left on Worth Drive. Land at end of road on right side.
Location Details Mainland
Rooms
Other Rooms None
Exterior
Waterfront No
Schools
Elementary Schools Sunset
Middle Schools Williston
High Schools New Hanover
Others
Tax ID R06509-003-003-000
Special Listing Condition None
Listed by Intracoastal Realty Corp
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