$499,000

Estimated payment $2,665/month

Total Views 40
0.06 Acre
$8,316,667 Price per Acre
2,640 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.Highlights:Vacant lot with 3rd Street frontageUMX zoning - ideal for residential, commercial, or mixed-use developmentExcellent visibility and accessibilityOffered together with 216 Marstellar Street (church property)Convenient to downtown, South Front, and major thoroughfaresRare 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

Est. Annual Taxes

  • $486

Lot Details

  • 2,640 Sq Ft Lot
  • Lot Dimensions are 33'x80'
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned UMX

Home Design

  • Mixed Use

Location

  • Urban Location

Schools

  • Snipes Elementary School
  • New Hanover High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number R05413-033-018-000

Property Details

Property Type

Land

Est. Annual Taxes

$486

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Mixed Use
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No

Utilities

  • Fuel Tank: None
  • Utilities: Cable Available, Water Tap Available, Phone Available, Sewer Tap Available, Natural Gas Available, Electricity Available

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 800.00
  • Lot Description: Corner Lot, Urban, Multi-Zones
  • Lot Dimensions: 33'x80'
  • Lot Number: 1
  • Lot Sq Ft: 2640.00
  • Zoning: UMX
  • Cleared Acres: 0.06
  • Acres: 0.06
  • Current Use: Other, Vacant
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 8316666.67
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level
  • Lot Number2: 1

Tax Info

  • Tax Identifier: R05413-033-018-000
  • Tax Year: 2025
  • Total Real Estate Property Taxes: 485.52
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Snipes
  • High School: New Hanover

Map

Range of Values:

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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
11/13/2025 11/13/25 For Sale $499,000 -- --
Source: Hive MLS

Source: Hive MLS

MLS Number: 100541038

Hive MLS