Address
2888 Worth Drive Drive, Wilmington, NC
Price
$ 650,000
Property Attributes
  • MLS#100445804
  • TypeLand
  • CountyNEW HANOVER
  • CityWilmington
  • AreaBelmont
  • NeighborhoodWilmington
  • Zip28412
  • StyleWooded
  • Price$ 650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.6 Acres
Data Source:
Cape Fear REALTORS® - NCRMLS
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.

Price History
5/21/2024 Listed $650,000

General Features

Zoning R
Status Active
Subdivision Belmont
Topography Wooded
County New Hanover
Stipulation of Sale None
Property Type B
HOA No
Tax Year 2023
Special Assessments n/a
Cobra Zone No
Lot Sqft 69696.00
Days on Market 22
City Limits Yes
Sub-Type Wooded
Waterview No
City Wilmington
Geo Lat 34.184412
Tax Assessed Value 151500.00
Secondary Subdivision N/A
Street Name Worth Drive
Listing Member Name The Rising Tide Team
Geo Lon -77.943696
Location Type Mainland
Co Listing Member Name Bridget White

Exterior Features

Waterfront No
Fuel Tank None
Environmental Hazard Unknown
Soil Evaluation Soil Evaluation - No
Acres 1.60
Street Suffix Drive
List Price/Acre 406250.00
Total Road Frontage 280
MLS Identifier 20150918160742258811000000
Buildings on Property None
Road Type/Frontage Public (City/Cty/St)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 28412

Price
AVG $1.61M
$650K
Visits
AVG 121
47
Data Provided by Inside Real Estate®

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