For Sale
$1,800,000

7491 Market St Wilmington, NC 28411

1.17-acre lot, ideal for development

Overview

Added:
Dec 11, 2024
Days on market:
138
This 1.17-acre commercial land parcel, located at 7491 Market Street in Wilmington, North Carolina (zip code 28411), is offered at $1,800,000. The property, situated on the hard corner of Torchwood Boulevard and Market Street (Highway 17), is rectangular in shape and zoned R-15, currently permitting medical or general office uses. Access is via a right-in/right-out configuration from Market Street. A site plan for a financial institution with drive-through tellers is available. The land's price per acre is $1,538,461. The property's APN is R03618-012-032-000. Note that any uses beyond those currently permitted by the R-15 zoning will require a rezoning application. This high-visibility location presents a significant opportunity for development in a thriving area of New Hanover County. The property's coordinates are latitude 34.279887332398786 and longitude -77.81249069145137.

Highlights

  • 1.17-acre commercial land parcel in Wilmington, NC (28411) offered at $1,800,000.
  • High-visibility corner lot at Torchwood Blvd & Market St (Highway 17) with R-15 zoning allowing medical or general office uses.
  • Right-in/right-out access from Market Street; site plan for a financial institution with drive-through available.
  • APN: R03618-012-032-000; Price per acre: $1,538,461.
  • Rezoning required for uses beyond medical or general office.

Property Details for 7491 Market St

Property type
Land
Lot Size (sq. ft)
50,965 SF

Location Insight

City
Wilmington
County
New Hanover
State
North Carolina
Latitude
34.279887332399
Longitude
-77.812490691451

FAQs

What type of property is this?
Land - 1.17-acre lot, ideal for development
Where is the land located?
The property is located at 7491 Market St Wilmington, NC.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 1.17-acre commercial land parcel in Wilmington, NC (28411) offered at $1,800,000.; High-visibility corner lot at Torchwood Blvd & Market St (Highway 17) with R-15 zoning allowing medical or general office uses.; Right-in/right-out access from Market Street; site plan for a financial institution with drive-through available.
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7491 Market St
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