$3,200,000

Estimated payment $18,252/month

Total Views 3,264
0.41 Acre
$7,804,878 Price per Acre
17,860 Sq Ft Lot

About This Lot

Property is located in the middle of downtown Wilmington. The land footprint is .41 acres (17,795 sq ft). The parcel has about 132.07 feet of frontage on North 3r Street. The property is location in the CBD (Central Business District). By right you can build up to 100 Feet. This property is located close to the Courthouse, City of Wilmington Building, hotels, banks, Office Buildings, Convention Center and many local business and residential areas. There is a one Story 8,141 sq. ft. building onsite. Per the City of Wilmington, this building is not a contributing structure so it can be utilized or removed/demo for a complete re-development of this prime location in Wilmington's Central Business District.

Listing Agent

Jeff Hovis

Intracoastal Realty Corp License #234605 Listed on: 06/16/2023

Intracoastal Realty Corp

Co-Listing Agent

Sky Grainger

Intracoastal Realty Corp License #327151

Property Details

Property Type

  • Land

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 132 x148 x66 x27 x66 x120
  • Property is zoned CBD

Location

  • Urban Location

Schools

  • Snipes Elementary School
  • Williston Middle School
  • New Hanover High School

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number R04817-015-002-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Industrial
  • Cobra Zone: No
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: See Remarks, Water Available, Sewer Available

Association/Amenities

  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 1485.00
  • Lot Description: Urban
  • Lot Dimensions: 132 x148 x66 x27 x66 x120
  • Lot Sq Ft: 17795.00
  • Lot Water Features: None
  • Zoning: CBD
  • Acres: 0.41
  • Current Use: Vacant
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 7804878.05
  • Soil Evaluation Other: Environmental
  • Topography: See Remarks

Tax Info

  • Tax Identifier: R04817-015-002-000
  • Tax Year: 2022
  • Total City Real Estate Property Tax: 7347.00
  • Total Real Estate Property Taxes: 441896.00
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Snipes
  • High School: New Hanover
  • Middle School: Williston

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,629 $2,761,000 $1,167,900 $1,593,100
2024 $9,078 $971,200 $462,600 $508,600
2023 $8,835 $971,200 $462,600 $508,600
2022 $8,884 $971,200 $462,600 $508,600
2021 $8,843 $971,200 $462,600 $508,600
2020 $7,347 $654,000 $248,200 $405,800
2019 $7,347 $654,000 $248,200 $405,800
2018 $7,347 $654,000 $248,200 $405,800
2017 $7,049 $654,000 $248,200 $405,800
2016 $7,049 $636,200 $248,200 $388,000
2015 -- $636,200 $248,200 $388,000
2014 -- $636,200 $248,200 $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 Price Changed $3,200,000 -14.7% --
06/16/2025 06/16/25 Price Changed $3,750,000 0.0% --
06/16/2025 06/16/25 For Sale $3,750,000 -2.6% --
02/05/2025 02/05/25 Off Market $3,850,000 -- --
11/04/2024 11/04/24 Price Changed $3,850,000 -3.8% --
06/05/2024 06/05/24 Price Changed $4,000,000 +21.4% --
05/08/2024 05/08/24 Price Changed $3,295,000 -8.3% --
06/16/2023 06/16/23 For Sale $3,594,500 -- --
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $1,150,000 None Available
Quit Claim Deed -- None Available
Deed -- --
Deed $260,000 --
Deed $12,000 --
Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $425,000 Purchase Money Mortgage
Source: Public Records

Source: Hive MLS

MLS Number: 100389934

Hive MLS

APN: R04817-015-002-000