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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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817 N 4th St , Wilmington, NC 28401
$2,500,000
Est. Payment: $5,555.56/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 17
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579502635 - 579513395
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House Description

Unique opportunity to acquire ±0.81 acres of CBD-zoned development land in the heart of the Brooklyn Arts District, downtown Wilmington's rapidly transforming North 4th Street corridor. Located at 817 N. 4th Street adjacent to the City Block Apartments community, this parcel offers one of few remaining privately owned sizable development parcels in the Central Business District. CBD zoning provides maximum flexibility, supporting multifamily, mixed-use, hospitality, office, and retail development with generous height allowances and minimal setback requirements. The site sits within Wilmington's only designated social district, a major draw for restaurants, breweries, and entertainment concepts, and is within walking distance of the Brooklyn Arts Center, the Riverwalk, Live Oak Bank Pavilion, and downtown's employment and dining core. With strong population growth and a high-barrier-to-entry urban infill market, this is an ideal opportunity for developers seeking a prime downtown location. Due diligence materials available upon request.

Highlights

Listed by Will C Daube , 910-409-3605 Cadence Realty Corporation , 910-239-7697.

Property Type

Vacant Land

Lot/Acreage
0.81

County

New Hanover

Neighborhood

Not In Subdivision

Listing ID

100594148

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:CBD
Principal Interest
$5,556
Taxes
$1,594

Home Price

$2,500,000

Loan Details

30 yrs
%

Down Payment

20%
$500,000
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Monthly Price:
$5,555.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,555.56 $1,593.75 $0.00 $7,149.31
Yearly $66,666.67 $19,125.00 $0.00 $85,791.67
Total $2,000,000.00 $573,750.00 $0.00 $2,573,750.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Wilmington, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.