818 S 5th Avenue
Wilmington, NC 28401
0.19Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Lot Information
Lot Dimensions: 96 x 55 Main Square Feet: 0.19 Acres Lot Size Acres: 0.19 Lot Size Square Feet: 8276 Lot Description: Corner LotProperty Information
Subdivision: Not In Subdivision Source Property Type: Land Property SubType: Multi Family
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Listing Price Information
Listing Price: $600000
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Tax Information
Parcel Number: R05409-028-017-000 Tax Block: 000 Tax Year: 2026
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School Information
Elementary School: OtherJunior High School: OtherSenior High School: New Hanover -
Utility Information
Sewer Connected, Water Connected -
Location Information
Direction: From 3rd St Turn Left onto Dawson St. Property is on the corner of 5th St and Dawson St. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2248 Yaupon Drive, Wilmington, NC, 28401 | $325,000 | -- | -- | -- | 0.50 Acre(Lot) |
| 1401 Creekfront Drive, Wilmington, NC, 28401 | $120,000 | -- | -- | -- | 0.10 Acre(Lot) |
| 164 Horne Place Drive, Wilmington, NC, 28401 | $72,830 | -- | -- | -- | 0.52 Acre(Lot) |
| 1223 S 8th Street, Wilmington, NC, 28401 | $130,000 | -- | -- | -- | 0.11 Acre(Lot) |
| 1221 S 8th Street, Wilmington, NC, 28401 | $130,000 | -- | -- | -- | 0.10 Acre(Lot) |
| 2425 Adams Street, Wilmington, NC, 28401 | $215,000 | -- | -- | -- | 0.30 Acre(Lot) |
| 610 S 9th Street, Wilmington, NC, 28401 | $129,000 | -- | -- | -- | 0.04 Acre(Lot) |
| 1316 S 7th Street, Wilmington, NC, 28401 | $55,000 | -- | -- | -- | 0.14 Acre(Lot) |
| 518 N 11th Street, Wilmington, NC, 28401 | $79,900 | -- | -- | -- | 0.08 Acre(Lot) |
| 805 Castle Street, Wilmington, NC, 28401 | $650,000 | -- | -- | -- | 0.28 Acre(Lot) |
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ByOwner last updated this listing 07/11/2026 @ 21:14
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