Wilmington, NC 28401,1221 Castle ST
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$ 375,000
Est. payment | /mo

6,534 Sqft Lot


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$ 375,000
Est. payment | /mo
Save

6,534 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Not In Subdivision

MLS Listing ID 100455227

Originating Board North Carolina Regional MLS

Annual Tax Amount $482

Lot Size 6,534 Sqft

Acres 0.15

Property Description

Ready to build .15 acre corner lot on castle street is just one block from the new 98 Apartment 4,200 SF retail complex Midcastle. The property is zoned UMX which allows for high density mixed use. The current owner intended a 16 unit apartment building with a 900 SF retail space. The lot is located between the rapidly developing Cargo District and Castle street's busy retail and residential district. Opportunity zone tax benefits are available for the developers of this parcel.

Location

State NC

County New Hanover

Community Not In Subdivision

Zoning UMX

Direction Castle and 13th

Location Details Mainland

Rooms

Other Rooms None

Exterior

Waterfront No

Schools

Elementary Schools Snipes

High Schools New Hanover

Others

Tax ID R05406-023-023-000

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Special Listing Condition None

Hive MLS / (NCRMLS)
Listed by Coastal Properties
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1221 Castle ST