$740,000

Estimated payment $4,105/month

0.15 Acres
$4,933,333 Price per Acre
6,534 Sq Ft Lot

About This Lot

Prime mixed-use development opportunity in Wilmington's rapidly revitalizing Castle Street corridor. This approved development site offers plans for a thoughtfully designed three-story mixed-use building featuring approximately 2,580 square feet of ground-floor commercial space and 18 residential units above. The residential component includes a mix of studio, one-bedroom, and two-bedroom units, with the potential for rooftop amenity space. Designed to meet current city street-front standards, the concept features prominent frontage along both Castle Street and 13th Street, generous storefront glazing, separate commercial and residential entrances, and a pedestrian-oriented design that complements the character of the surrounding neighborhood. Ideally located near Downtown Wilmington, the property presents a rare urban infill opportunity within an area experiencing continued investment and growth. The approved commercial space offers flexibility for neighborhood retail, boutique office, professional services, or other compatible uses, while the residential units are positioned to appeal to renters or future condominium buyers seeking a walkable, downtown-adjacent lifestyle. Located within a designated Federal Opportunity Zone, the property may also offer potential tax advantages for eligible investors. Portside represents a unique opportunity to acquire an approved, development-ready mixed-use project in one of Wilmington's emerging urban corridors.

Listing Agent

Jennifer Bullock Team

RE/MAX Executive Listed on: 08/11/2026

Property Details

Property Type

  • Land

Lot Details

  • 6,534 Sq Ft Lot
  • Cleared Lot
  • Property is zoned UMX

Home Design

  • Mixed Use

Listing and Financial Details

  • Assessor Parcel Number R05406-023-000

Property Details

Property Type

Land

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Secondary Subdivision: N/A
  • Property Sub Type: Mixed Use
  • Original List Price: 740000.00
  • Other Structures: None
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Acre: 4933333.33
  • Special Features: None

Interior Features

  • Bathrooms Total Source: MLS

Exterior Features

  • Road Frontage Type: Paved
  • Road Surface Type: Paved
  • Waterfront?: No

Garage/Parking

  • Has Attached Garage?: No
  • Has Attached Garage?: No

Utilities

  • Utilities: Sewer Available, Water Available, Electricity Available
  • Fuel Tank Details: None

Lot Info

  • Deed Book: 6780
  • Deed Page: 551.00
  • Zoning: UMX
  • Environmental Hazard: Unknown
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534.00
  • Parcel#: R05406-023-000
  • Permitted Use: Public

Tax Info

  • Tax Year: 2026
  • Tax Map Number: R05406-023-02307
  • Tax Other Assessment Amount Frequency: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $460 $78,100 $78,100 $0
2024 $497 $57,100 $57,100 $0
2023 -- $57,100 $57,100 $0
2022 $489 $57,100 $57,100 $0
2021 $489 $57,100 $57,100 $0
2020 $332 $31,500 $31,500 $0
2019 $332 $31,500 $31,500 $0
2018 $332 $31,500 $31,500 $0
2017 $332 $31,500 $31,500 $0
2016 $297 $26,800 $26,800 $0
2015 $284 $26,800 $26,800 $0
2014 $272 $26,800 $26,800 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2026 08/11/26 For Sale $740,000 +135.7% --
06/06/2025 06/06/25 Sold $314,000 -16.3% -- View Prior Sale
06/04/2025 06/04/25 Pending -- -- --
05/29/2025 05/29/25 For Sale $375,000 0.0% --
02/23/2025 02/23/25 Pending -- -- --
02/05/2025 02/05/25 Off Market $375,000 -- --
07/11/2024 07/11/24 For Sale $375,000 -- --
Source: Hive MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $314,000 None Listed On Document
Warranty Deed $275,000 Colby & Mincey Pllc
Warranty Deed $53,000 None Available
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $40,500 Commercial
Source: Public Records

Source: Hive MLS

MLS Number: 100595490

Hive MLS

APN: R05406-023-023-000

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