2888 Worth Drive Wilmington, NC $ 1,600,000
2888 Worth Drive
$ 1,600,000
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2888 Worth Drive

Wilmington, NC, 28412
$ 1,600,000
Baths0.0

Monthly Estimate*

$ 11,176

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Studio

Commercial Property for sale in Wilmington, NC

for $1,600,000. This building was built in 2008 on a lot size of 1.6.

Discover the perfect blend of opportunity and potential with this prime track of land featuring two duplexes! Nestled in an up and coming central location near the Cape Fear River, State Port, Novant New Hanover Regional Medical Center, historic downtown Wilmington and just a short drive to area beaches, this expansive property offers endless possibilities for investors and developers alike. Whether you're looking to expand your real estate portfolio or embark on a new project, this is the ideal canvas to bring your vision to life. With ample space for growth and strategically designed income-producing duplex units (fully occupied) already in place, capitalize on the booming demand for multi-family housing. Don't miss out on this rare chance to unlock lucrative returns and create a thriving community. Seize the opportunity today!The 1.6 acre track of land is zoned R-5 and is currently in the entitlement process to be divided into 3 lots, which will equate to 19 units, based on current entitlements. Don't miss out on this chance to turn your vision into reality--act now and unlock the lucrative opportunities awaiting you!

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Commercial Active

Price

$ 1,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,280

Style

Unimproved

Lot Size

1.6

Year Built

2008

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100431623

Features
Exterior
Lot Description See Others Wooded
Lot Dimensions 300x276x279x208 Irregular
Lot Acres 1.60
Lot Water Feature None
Road Type/Frontage 2 - 3 Lanes Maintained Paved Public (City/Cty/St)
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General
Possession At Closing Subject To Tenant Rights
Water Heater None
current use Development Multi-Family
Zoning R-5
New Construction No
Subdivision Belmont
County New Hanover
Stipulation of Sale None
Property Type G
HOA No
Terms Cash Conventional
Location Residential
Tax Year 2023
Status Active
Lot Sqft 69522.00
Days on Market 53
City Limits Yes
Sub-Type Unimproved
Year Built 2008
City Wilmington
Airport Less than 5 Miles
County Highway Less than 5 Miles
Interstate Less than 5 Miles
Port Less than 5 Miles
Rail Less than 5 Miles
State Highway Less than 5 Miles
Location Type Mainland
Street Name Worth
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* Excluded Features
List By
The Rising Tide Team

Listing Agent

Intracoastal Realty Corp

Broker

single@intracoastalrealty.com

Email

Affordability Calculator

$11,283
Per Month
99%
1%
0%
Monthly Principal & Interest
$11,176
Monthly Property Taxes
$107
Monthly Home Insurance
--
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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3960720 Elementary School
3960847 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/7/2024$1,600,000 Listed Price

Map


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2888 Worth Drive, Wilmington, NC, 28412 is a Commercial Property for sale at $1,600,000 with a lot size of 1.6. 2888 Worth Drive is a studio with 0.0 baths and was built in 2008. The property's zip code is 28412 which is in Wilmington, NC