2888 Worth Drive

Wilmington, NC 28412

$650,000
Price
69,696 / 1.6
Lot Size / Acres

Description

Seize the opportunity to develop a prime tract of land in an emerging central location near the Cape Fear River, State Port, Novant New Hanover Regional Medical Center, historic downtown Wilmington, and just a short drive to area beaches. This expansive 1.6-acre property, currently zoned R-5, is in the process of entitlements to be subdivided into three lots, potentially allowing for the development of 19 residential units. This land offers an unparalleled opportunity for builders and developers...Seize the opportunity to develop a prime tract of land in an emerging central location near the Cape Fear River, State Port, Novant New Hanover Regional Medical Center, historic downtown Wilmington, and just a short drive to area beaches. This expansive 1.6-acre property, currently zoned R-5, is in the process of entitlements to be subdivided into three lots, potentially allowing for the development of 19 residential units. This land offers an unparalleled opportunity for builders and developers looking to tap into a thriving real estate market. With the ability to subdivide and construct 19 individual homes, investors can maximize their return by selling each unit in a high-demand area. The property's strategic location and the growing demand for residential housing make it an ideal site for creating a vibrant new community. Capitalize on this rare chance to shape the future of a burgeoning neighborhood. This land is not just a piece of property, but a canvas for creating a prosperous residential enclave. Act now to transform this vision into a lucrative reality, and unlock the full potential of this exceptional development opportunity.
  1. Listed by The Rising Tide Team • Intracoastal Realty Corp
  2. Listed by Bridget White • Intracoastal Realty Corp

Property Details for 2888 Worth Drive

Subdivision Name
Belmont
Zoning
R
Waterfront
No
Waterfront
No
Waterview
No

Location

Listing Courtesy of Intracoastal Realty Corp
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LISTING UPDATED: 06/03/2024 04:34 PM

Property Details for 2888 Worth Drive

StatusActive
MLS #100445804
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size1.60 AC
CountyNew Hanover County

Location

Listing Courtesy of Intracoastal Realty Corp
Add your commute

Building Information for 2888 Worth Drive

Lot Size1.60 AC

Payment Calculator

$3,654 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$107

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2888 Worth Drive

Summary
Location and General Information
  • City: Wilmington
  • State Or Province: NC
  • Postal Code: 28412
  • County Or Parish: New Hanover
  • Directions: Take 3rd Street to Carolina Beach Rd, turn right on Shipyard Blvd, turn left on Worth Drive. Land at end of road on right side.
  • Latitude: 34.18
  • Longitude: -77.94
  • City Limits: Yes
  • Secondary Subdivision: N/A
  • Location Type: Mainland
  • Legal and Taxes: Zoning Details: R
Taxes and HOA
  • Tax Other Assessment Amount Frequency: n/a
  • Association Fee: $.00
  • Tax Legal Description: BLK:3 DIST:WM CITY/MUNI/TWP:WILMINGTON RIVER ROAD MAP REF:MAP 6509
  • Tax Book Number: 5
  • Tax Map Number: R06509-003-003-000
  • Tax Year: 2023
  • Tax Assessed Value: $151,500.00
  • Parcel Number: R06509-003-003-000
  • Tax Block: 106
  • Association: No
  • Legal and Taxes: HOA: No
  • Legal and Taxes: Cobra Zone: No
  • Legal and Taxes: Deed Book: 6625
  • Legal and Taxes: Deed Page: 2970.0
  • Legal and Taxes: Legal: BLK:3 DIST:WM CITY/MUNI/TWP:WILMINGTON RIVER ROAD MAP REF:MAP 6509
  • Legal and Taxes: PID: R06509-003-003-000
  • Legal and Taxes: Plat Book: 5
  • Legal and Taxes: Plat Page: 106
  • Legal and Taxes: Tax Assessed Value: $151,500.00
  • Legal and Taxes: Total City Real Estate Property Tax: $1,280.18
  • Legal and Taxes: Tax Year: 2023
Property
Lot Information
  • Lot Size Units: Acres
  • Lot Size Acres: 1.6
  • Lot Size Area: 1.6
  • Lot Size Square Feet: 69696.0
  • Acres - Total: 1.6
  • Lot Sq Ft: 69696.0
  • Total Road Frontage: 280.00
  • Bldgs on Property: None: Yes
  • Soil Evaluation : Soil Evaluation - No: Yes
Property and Assessments
  • Documents Available: Survey
  • Legal and Taxes: Special Assessments: n/a
Green Features
  • Green Building Certify: Unknown: Yes
Interior and Exterior Features
Exterior Features
  • Other Structures: None
  • Fuel Tank: None: Yes
Interior Features
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Notational: .00

Property History for 2888 Worth Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2888 Worth Drive

Taxable ValueLand$151,500Additions-Total$151,500
Tax Record2023$1,280 ($107 / month)
Home Facts
Beds0Lot Size69,522 SqFtStyleMiscellaneous Vacant LandZoningR-5,RESIDENTICountyNEW HANOVERAPNR06509-003-003-000

Schools near 2888 Worth Drive

This home is within New Hanover County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Sunset Park Elementary
PublicK to 5

Williston Middle
Public6 to 8

New Hanover High
Public9 to 12

J. C. Roe Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2888 Worth Drive is a 1.6 ac of land for sale in Wilmington, NC 28412. This property was listed for sale on May 21, 2024 by Intracoastal Realty Corp, it's currently listed at $650,000. It has been on the market for a total of 26 days and was last sold on January 14, 2020. This listing's school district is New Hanover County School District. Nearby schools include Sunset Park Elementary, Williston Middle and New Hanover High. 2888 Worth Drive is a 0-bed, 0-bath, 1.6 ac of land on a 69,696 sq. ft. / 1.6 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Intracoastal Realty Corp

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