Residential Land for Sale in Wilmington, North Carolina

120 Yorktown Dr Wilmington, NC 28401

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$119,000
0.43 acres
Active sale agoEst $946/mo

Hello! Have you ever wished to own a piece of land in one of the most promising neighborhoods of the area? Well, your opportunity has arrived! Today, I'm excited to present to you a breathtaking parcel of land, exquisitely located and poised for immense growth. Imagine owning a generous 18,675 sq ft property, strategically situated close to blossoming neighborhoods like Preservation Point, Hanover Lakes, and River Bluffs. This is not just land; this is your canvas to build your dreams, whether you're a developer, a homeowner seeking a prime location, or a business visionary! Location Potential: Situated in the next 'hot spot' as the area's development is on the rise with the approved sewer line from Spring Road to Brentwood, Royal Farms Gas Station on the corner, YMCA, and other pending projects increases the area's livability and value. Flexible Purchasing Options: This lot can be purchased alone, or combined with an adjacent lot or even an additional 3,700 sq ft home for increased value. Imagine a total of 1.3 acres of premium space at a competitive price! Investment Opportunity: The home on site can be rented out providing an immediate return on your investment while you plan your next steps. Development Ready: Complete with two soil studies confirming the land's viability, this parcel is perfect for R-15 zoned projects. The home's B-1 zoning opens the door for neighborhood businesses like charming cafes, innovative co-working spaces, boutique salons, or delightful restaurants. Remember, land like this doesn't appear every day, especially one nestled by major conveniences like three bypasses, the local airport, downtown, and the beautiful beaches. As the area continues to thrive, so will your investment. Drive by for a glimpse of your potential future, but remember, permission is required to walk the lot--cameras are on-site to assure privacy and security. Don't miss out on this unique investment opportunity in a rapidly developing area.

Directions

From the airport, take 23rd Street, and turn right on Castle Hayne Road, immediate left on to Yorktown Drive.

Location

Street Address
120 Yorktown Dr, Lot 3
Community
Arlington Heights
Elevation
23 feet
Coordinates
34.2744, -77.9274

Property details

Zoning
R-15
MLS Number
WRAR 100477275
Date Posted

Property taxes

2024
$992

Parcels

  • R04106-003-001-000

Legal description

This 0.43-acre property is located at 120 Yorktown Dr Lot 3 in Wilmington, NC 28401 with latitude 34.2744 and longitude -77.9274. The property is currently available for sale for $119,000 with a price per acre of $276,744. Listing data is sourced from Hive MLS / Cape Fear Realtors MLS # 100477275.

Verify sale details at the property source or contact Select Premium Properties at (910) 518-9280.

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Copyright (C) 2024 Hive MLS / Cape Fear Realtors MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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