$150,000
$349K PRICE DROP

1 3rd Wilmington, NC 28401

Dry Pond-South Side Neighborhood

Estimated payment $934/month

Total Views 11,384
0.06 Acre
$2,500,000 Price per Acre
2,614 Sq Ft Lot

About This Lot

Prime redevelopment opportunity located just minutes from Downtown Wilmington, the South Front District, and the Cargo District. This vacant lot fronting 3rd Street is being offered as part of a package with the adjacent church property at 216 Marstellar Street. Together, the two parcels provide exceptional flexibility and visibility in one of Wilmington's most active growth corridors. Zoned Urban Mixed Use (UMX), this property supports a wide range of uses — from residential and multifamily development to office, retail, or mixed-use projects. The flat, open terrain makes site work straightforward and development-ready. Rare chance to secure a strategically located lot with tremendous redevelopment potential in the heart of Wilmington's urban core.

Listing Agent

Patrick Angle

Coastal Properties License #286585 Listed on: 11/13/2025

Property Details

Property Type

  • Land

Lot Details

  • Property is zoned UMX

Schools

  • Snipes Elementary School
  • New Hanover High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Tap Available, Water Tap Available, Electricity Available, Phone Available
  • Water Source: Public, Public2

Lot Info

  • Deed Book: 6755
  • Deed Page: 800.00
  • Lot Number: 1
  • Zoning: UMX
  • Current Use: Other, Vacant, Other8
  • Environmental Hazard: Unknown
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared,Level

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Snipes
  • High School: New Hanover

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2025 11/18/25 Price Changed $150,000 -69.9% --
11/13/2025 11/13/25 For Sale $499,000 -- --
Source: Hive MLS

Source: Hive MLS

MLS Number: 100541038

Hive MLS
North Carolina New Hanover County Wilmington 28401 Dry Pond-South Side

1 3rd, Wilmington, NC

For Sale

Lots

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Nearby Homes
Listing Agent
Patrick Angle
Section Image
Coastal Properties
(472) 238-1930