257 Peiffer Avenue Wilmington, NC ^$ 3,660,000

257 Peiffer Avenue

^$ 3,660,000

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257 Peiffer Avenue

Wilmington, NC, 28409

^$ 3,660,000

Studio Baths0.0

Monthly Estimate*

^$ 25,566

257 Peiffer Avenue, Wilmington, NC 28409 - Image 1

257 Peiffer Avenue, Wilmington, NC 28409 - Image 2

257 Peiffer Avenue, Wilmington, NC 28409 - Image 3

Studio

Lots and Land for sale in Wilmington, NC

for $3,660,000. The lot size is 7.1.

Cadence Realty is pleased to present Bradley Heights at Oleander, an incredible development opportunity featuring a R-5 (CD) zoned development site, which will support the construction of 61 townhome units spanning approximately 7.10 acres. Current ownership has already completed the vast majority of the necessary upfront legwork for the pre-construction process, allowing new ownership to move towards the construction phase of the development process quickly, thus reducing development risk. Currently in TRC with final TRC approval and permitting expected in April 2024, this courtyard-style townhome community allows for 61 units consisting of duplexes, triplexes, and quadplexes.Please contact the listing agent for additional information.

Lots and Land Pending

Price

^$ 3,660,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

5+ Multi-Family

Lot Size

7.1

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100429291

Features

General

current use Vacant

Zoning R-5 (CD)

Subdivision Bradley Heights

Topography Undeveloped

County New Hanover

Stipulation of Sale None

Property Type B

Tax Year 2024

Lot Sqft 309276.00

Days on Market 30

City Limits Yes

Sub-Type 5+ Multi-Family

Waterview No

City Wilmington

Middle School Roland Grise

Street Name Peiffer

High School Hoggard

HOA and Neigh Amenities No Amenities

Elementary School Bradley Creek

Location Type Mainland

Selling Member Name Will C Daube

Co Selling Member Name Frederick E Barton

Exterior

Waterfront No

Soil Evaluation Soil Evaluation - Yes

Acres 7.10

Buildings on Property None

Road Type/Frontage Public (City/Cty/St)

Interior

Street Suffix Avenue

* Excluded Features

List By

Will C Daube

Listing Agent

Cadence Realty Corporation

Broker

will@cadencerealty.com

Affordability Calculator

$25,566

Per Month

Monthly Principal & Interest: $25,566
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Wilmington, NC

Average List Price ^$874,113

Percent of Sale Price 76%

About Wilmington, NC

122,120 Population

35% Since 2002

^$47,464 Median Income

36.47 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3959175 Elementary School

3959148 Middle School

Hoggard High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/24/2024	$3,660,000		Listed Price

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257 Peiffer Avenue, Wilmington, NC, 28409 is a Lots and Land for sale at $3,660,000 with a lot size of 7.1. 257 Peiffer Avenue is a studio with 0.0 baths. The property's zip code is 28409 which is in Wilmington, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Copyright 2019 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

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257 Peiffer Avenue

Lots and Land for sale in Wilmington, NC

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