Estimated payment $813/month
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $486
Lot Details
- 2,640 Sq Ft Lot
- Lot Dimensions are 33'x80'
- Property fronts a state road
- Corner Lot
- Property is zoned UMX
Home Design
- Mixed Use
Location
- City Lot
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
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/14/2026 02/14/26 | Pending | -- | -- | -- |
| 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
MLS Number: 100541038
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Ask me questions while you tour the home.