Edie Caudill - Coldwell Banker Sea Coast Advantage Realty Logo
$600,000
 $3,130 est/mo Sourced by Back At You

818 S 5th Avenue,Wilmington, NC 28401

Wilmington, NC 28401

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Description

This fully entitled development site presents a rare opportunity to move directly into construction. Plans have been completed for a mixed-use building consisting of 10 residential units and 1 commercial space, allowing for a well-balanced income stream. The property has already undergone significant pre-development work, including completed site clearing and grading, installed utilities, and paid tree mitigation fees. With an active building permit in place, this offering significantly reduces timeline risk and carrying costs, positioning it as a highly efficient and shovel-ready investment.

Details

MLS #100586857
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site111
Listing Provided ByDominion Real Estate Group LLC | Seth D Huntt

Features

ZoningUMX
Acreage0.19

Exterior

Lot FeaturesCorner Lot
TopographyCleared, Level

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo

Utilities

UtilitiesSewer Connected, Water Connected

Taxes

Tax Assessed Value330100
Tax Book Number0000
Tax Legal DescriptionPT EM 6 BLK 48
Tax Year2026

Area Information

StateNC
CountyNew Hanover
CityWilmington
Zip Code28401
Elementary SchoolOther
High SchoolNew Hanover
Listing VS Median (in 28401)
Price:
$600,000
low | high
Med:
$365,000
89.166666666667% of Average
On site:
111
low | high
Med:
123
90.243902439024% of Average
Sourced by Back At You

Market Activity 28401

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Contact

Learn More About This Property

Edie Lindsey

Edie Caudill Lindsey

Coldwell Banker Sea Coast Advantage

NC 79783 (910) 443-1530ediecaudill@seacoastrealty.com
StateNC
CountyNew Hanover
CityWilmington
Zip Code28401
Elementary SchoolOther
High SchoolNew Hanover
Listing VS Median (in 28401)
Price:
$600,000
low | high
Med:
$365,000
89.166666666667% of Average
On site:
111
low | high
Med:
123
90.243902439024% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $450K - $750K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
720 S 6th Street Property Photo 1
$529,000
720 S 6th Street
Wilmington, NC 28401
512 Queen Street Property Photo 1
$749,000
512 Queen Street
Wilmington, NC 28401
614 Queen Street Property Photo 1
$459,000
614 Queen Street
Wilmington, NC 28401
Listing Updated: September 29, 2026 at 10:18:28 AM PDT

Edie Caudill - Coldwell Banker Sea Coast Advantage Realty