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1 1 3rd Street, Wilmington, NC 28401

New Listing
$150,000
Property Type: Land Lot Size (sq. ft.): 2,640 Status: Active
Current Price: $150,000 List Date: 3/05/2026 Last Modified: 3/05/2026

Description

Prime redevelopment opportunity located just minutes from Downtown Wilmington, the South Front District, and the Cargo District. This vacant lot fronting 3rd Street is being offered as part of a package with the adjacent church property at 216 Marstellar Street. Together, the two parcels provide exceptional flexibility and visibility in one of Wilmington's most active growth corridors. Zoned Urban Mixed Use (UMX), this property supports a wide range of uses — from residential and multifamily development to office, retail, or mixed-use projects. The flat, open terrain makes site work straightforward and development-ready. Rare chance to secure a strategically located lot with tremendous redevelopment potential in the heart of Wilmington's urban core.

More Information MLS# 100541038

Legal and Taxes

Tax Assessed Value: 82500 Deed Book: 6755 Deed Page: 800 Legal: PT LOT 1 BLK 537 WILM Broker Owner: No PID: R05413-033-018-000 Tax Identifier: R05413-033-018-000 Plat Book: 0 Plat Page: 0 Total Real Estate Property Taxes: 485.52 Special Assessments: None Deferred Taxes: No Tax Year: 2025 Zoning: UMX HOA: No Cobra Zone: No Elementary School: Snipes High School: New Hanover

Contract Info

Delayed Marketing?: No Sub-Type: Mixed Use List Price/Acre: 2500000 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2025-11-13 Listing Price: 150000 Current Price: $150,000

Location Information

Lot #: 1 City Limits: Yes Marketing City: Wilmington Secondary Subdivision: N/A Street #: 1 Street Name: 3rd Street Suffix: Street County: New Hanover State/Province: NC Zip Code: 28401 Subdivision: Downtown Geo Lat: 34.220311 Geo Lon: -77.944522

Remarks and Showing

Sign on Property: Yes Directions to Property: From downtown, head on 3rd st to Carolina Beach rd, and property will be on your right after Marstellar St.

Property Exterior Info

Acres - Total: 0.06 Acres - Cleared: 0.06 Lot Dimensions: 33'x80' Lot SqFt: 2640 Deed Restriction: No Waterfront: No Total Road Frontage: 113 Waterview: No Location Type: Mainland

Current Use

Vacant: 1 Other: 1

Bldgs on Property

None: 1

HOA and Neigh Amenities

No Amenities: 1

Soil Evaluation

Soil Evaluation - No: 1

Topography

Cleared: 1 Level: 1

Terms

Cash: 1 Conventional: 1

Fuel Tank

None: 1

Environmental Hazard

Unknown: 1

Lot Description

Corner Lot: 1

Lot Features

Multi-Zones: 1 Urban: 1

Road Type/Frontage

Paved: 1 Public (City/Cty/St): 1

Utilities

Cable Available: 1 Electricity Available: 1 Natural Gas Available: 1 Phone Available: 1 Sewer Tap Available: 1 Water Tap Available: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Property Features

Current Use: Vacant; Other Bldgs on Property: None Soil Evaluation: Soil Evaluation - No Topography: Cleared; Level Fuel Tank: None Environmental Hazard: Unknown Lot Features: Multi-Zones; Urban Utilities: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Tap Available; Water Tap Available Sewer: Public Sewer Water Source: Public HOA and Neigh Amenities: No Amenities Terms: Cash; Conventional
Listing Office: Coastal Properties
IDX
Last Updated: March - 05 - 2026
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