$5,495,000

Estimated payment $29,565/month

Total Views 11,415
1.58 Acres
$3,477,848 Price per Acre
68,825 Sq Ft Lot

Highlights

  • Water Views
  • 1.58 Acre Lot
  • No HOA

About This Lot

Land Development opportunity located in City of Wilmington's Central Business District. This 1.579 Acres parcel is located right in center of the Downtown Area. This parcel use to be the old WWAY site that is positioned directly across from the Wilmington Convention Center. Incredible potential to expand in the fast paced growth of the Wilmington Downtown area.

Listing Agent

Jeff Hovis

Intracoastal Realty Corp License #234605 Listed on: 10/09/2024

Intracoastal Realty Corp

Co-Listing Agent

Sky Grainger

Intracoastal Realty Corp License #327151

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,951

Lot Details

  • 1.58 Acre Lot
  • Cleared Lot
  • Property is zoned CBD

Property Views

  • Water Views

Home Design

  • Mixed Use

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R04716-006-001-000

Property Details

Property Type

Land

Est. Annual Taxes

$8,951

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Mixed Use
  • Cobra Zone: No
  • Road Frontage Type: See Remarks
  • 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: Yes

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Utilities: Natural Gas Available, Water Available, Sewer Available

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 2791.00
  • Lot Description: See Remarks
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 68781.00
  • Lot Water Features: None
  • Zoning: CBD
  • Acres: 1.58
  • Current Use: Vacant
  • Deed Restriction: No
  • Environmental Hazard: Yes
  • List Price per Acre: 3477848.10
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared/Partial
  • Lot View Type: Water

Tax Info

  • Tax Identifier: R04716-006-001-000
  • Tax Year: 2024
  • Total Real Estate Property Taxes: 8950.95

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 $22,431 $3,513,100 $3,513,100 $0
2024 $18,592 $1,989,100 $1,989,100 $0
2023 $18,095 $1,989,100 $1,989,100 $0
2022 $18,194 $1,989,100 $1,989,100 $0
2021 $18,111 $1,989,100 $1,989,100 $0
2020 $16,516 $1,470,200 $1,470,200 $0
2019 $16,516 $1,700,000 $1,470,195 $229,805
2018 $19,098 $1,700,000 $1,470,195 $229,805
2017 $34,419 $3,063,800 $1,923,300 $1,140,500
2016 $25,955 $2,342,500 $1,342,900 $999,600
2015 $24,807 $2,342,500 $1,342,900 $999,600
2014 $23,753 $2,342,500 $1,342,900 $999,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2025 11/04/25 For Sale $5,495,000 0.0% --
10/02/2025 10/02/25 Off Market $5,495,000 -- --
03/25/2025 03/25/25 For Sale $5,495,000 0.0% --
02/05/2025 02/05/25 Off Market $5,495,000 -- --
10/09/2024 10/09/24 For Sale $5,495,000 +248.9% --
03/13/2018 03/13/18 Sold $1,575,000 -37.0% $113 / Sq Ft View Prior Sale
11/10/2017 11/10/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $2,500,000 -- $179 / Sq Ft
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,575,000 None Available
Warranty Deed $1,551,500 None Available
Deed -- --
Deed -- --
Deed -- --
Deed $936,000 --
Deed $970,000 --
Deed $1,670,000 --
Deed -- --
Source: Public Records

Source: Hive MLS

MLS Number: 100470103

Hive MLS

APN: R04716-006-001-000