14 Wilmington Avenue, Wilmington, NC 28403

$725,000
Property Type: Land Lot Size (sq. ft.): 34,848 Status: Pending
Current Price: $725,000 List Date: 7/29/2025 Last Modified: 12/19/2025

Description

This site was recently rezoned to MD 17 for the development of 12 townhomes. Now back on the market and ready for the next buyer to complete the TRC Process. We have the stormwater solution as well with off site stormwater per a private agreement. Come and take a look at this great Build to Rent or Build to Sell Townhome development site in Mid Town Wilmington. Located behind the Girdwood & Williams Law Firm at the intersection of Market Street (Hwy 17) and Wilmington Ave this property is located in the heart of Retail, Entertainment, Food and Fitness options. Future Residents can enjoy the ease of travel around Wilmington from this site. Minutes to downtown, UNCW, Wrightsville Beach. This site is a superb small development site. With immediate potential as either Rental or For Sale Residential Product.

More Information MLS# 100521779

Contract Info

Delayed Marketing?: No Sub-Type: 5+ Multi-Family List Price/Acre: 906250 Stipulation of Sale: Standard Status: Pending Marketing Start Date: 2025-07-29 Listing Price: 725000 Current Price: $725,000

Location Information

City Limits: Yes Marketing City: Wilmington Secondary Subdivision: N/A Street #: 14 Street Name: Wilmington Street Suffix: Avenue County: New Hanover State/Province: NC Zip Code: 28403 Subdivision: Not In Subdivision Geo Lat: 34.241861 Geo Lon: -77.887112

Remarks and Showing

Sign on Property: Yes Directions to Property: Northbound Market Street Turn right onto Wilmington Avenue Property is on Right

Property Exterior Info

Acres - Total: 0.8 Lot SqFt: 34848 Deed Restriction: No Waterfront: No Total Road Frontage: 300 Waterview: No Location Type: Mainland

Legal and Taxes

Tax Assessed Value: 506800 Deed Book: 6589 Deed Page: 2842 Legal: LOT WILMINGTON AVE Broker Owner: No PID: R04915-008-002-000 Tax Identifier: R04915-008-002-000 Plat Book: 0 Plat Page: 0 Special Assessments: 0 Tax Year: 2025 Zoning: MD-17 Cobra Zone: No Elementary School: College Park High School: New Hanover

Current Use

Single Family: 1

Bldgs on Property

Covered Area: 1 Main House: 1 Shed(s): 1 Storage: 1

Soil Evaluation

Soil Evaluation - No: 1

Topography

Cleared/Partial: 1 Wooded: 1

Fuel Tank

None: 1

Environmental Hazard

Unknown: 1

Lot Description

Urban: 1

Road Type/Frontage

Maintained: 1 Paved: 1 Public (City/Cty/St): 1

Status Change Info

Under Contract Date: 2025-12-18

Property Features

Current Use: Single Family Bldgs on Property: Covered Area; Main House; Shed(s); Storage Soil Evaluation: Soil Evaluation - No Topography: Cleared/Partial; Wooded Fuel Tank: None Environmental Hazard: Unknown Lot Description: Urban
Listing Office: Eastern Carolinas Commercial Real Estate
IDX
Last Updated: December - 19 - 2025
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