106 Pine Grove DrWilmington, NC 28403

Property Details for 106 Pine Grove Dr

Lot size

0.55 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 0.55-acre commercial land parcel presents a unique investment opportunity in Wilmington, North Carolina. Located at 106 Pine Grove Drive, just one block from the high-traffic corridor of South College Road, this property boasts unparalleled accessibility and visibility. The strategic location offers easy connectivity to Oleander Drive and Kerr Avenue, ensuring high traffic flow and maximum exposure for any commercial venture. The property features a split zoning designation of RB (Residential Business) and O&I (Office & Institutional), providing remarkable flexibility for a wide range of development options. Existing infrastructure includes approximately 80% impervious surface paved with asphalt, and convenient access is provided via driveways on both Pine Grove Drive and Peachtree Avenue. The property's Assessed Parcel Number (APN) is 3137-60-9232.000. This versatile land is ideal for businesses seeking a high-visibility location with convenient access to major thoroughfares. The asking price for this prime commercial property is $750,000. This is a rare opportunity to acquire a strategically located parcel in a thriving Wilmington neighborhood. Don't miss out on this chance to maximize your investment potential in a high-demand area. The property is situated in New Hanover County, NC, zip code 28403.

Location Insight

City

Wilmington

County

New Hanover

State

North Carolina

Latitude

34.2128

Longitude

-77.8855

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