Wilmington, NC 28401 818 S 5th Avenue
$600,000
Presented By: Seth D Huntt with Dominion Real Estate Group LLC.
Home Details
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.
Presented By: Seth D Huntt with Dominion Real Estate Group LLC.
Interior Features for 818 S 5th Avenue
Bathrooms
Total Baths
Other Interior Features
SmokingYNNo
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 818 S 5th Avenue
Attached Garage No
Carport Y/NNo
CityWilmington
CountyNew Hanover
Current UseMulti-Family, Commercial, Residential
DirectionsFrom 3rd St Turn Left onto Dawson St. Property is on the corner of 5th St and Dawson St.
Elementary SchoolOther
Garage Y/NNo
HOANo
High SchoolNew Hanover
Home Warranty Y/NNo
In City Limits? (Y/N)Yes
IslandOrMainlandMainland
Land Lease Y/NNo
Lease Considered Y/NNo
Legal DescriptionPT EM 6 BLK 48
Lot Size Square Feet8276.0
Lot Size UnitsAcres
New ConstructionNo
Other StructuresNone
Parcel NumberR05409-028-017-000
Property Attached Y/NNo
Property Subtype5+ Multi-Family
Property TypeLand
Standard StatusActive
StatusActive
Subdivision NameNot In Subdivision
Tax Assessed Value330100
Tax Year2026
TopographyCleared, Level
UtilitiesSewer Connected, Water Connected
ZoningUMX
Exterior for 818 S 5th Avenue
Buildings On PropertyNone
Crops Included Y/NNo
FencingNone
Horse Y/NNo
Lot Dimensions96 x 55
Lot FeaturesCorner Lot
Lot Size Acres0.19
Lot Size Area0.19
Road Frontage TypeMaintained, City Street, State Road
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
New Hanover High School
Middle School
N/A
Elementary School
N/A
