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906 S 8th Street

Wilmington, NC 28401
  • $525,000
  • STATUS: Active
  • ON SITE: 150 Days
  • MLS #: 100336125
UPDATED: 45 min ago
$525,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

This .31 Acre lot, located at the hard corner of Dawson and S 8th Street is prime for Multifamily / Mixed Use development along with a host of other Commercial uses by right. Zoned UMX for maximum density and minimum setbacks, this lot is cleared, flat and accessed to CFPUA water and sewer. Additionally it is in a federally designated ''Opportunity Zone'' which provides tax incentives for qualified investors to re-invest unrealized capital gains into low-income communities throughout the state.Preliminary assessment indicates highest and best use is either 18-24 condos/apartments or seven townhomes. The combination of flexible zoning, proximity to Historic Downtown and federal tax incentives makes this a unique development opportunity. Sale is for 718 Dawson St R05409-037-020-000 and 906 SOUTH 8TH R05409-037-019-000

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© 2022 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2022-11-26T12:57:55.77.
www.remaxessential.com/homes/130366478
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906 S 8th Street Wilmington, NC 28401

  • Price: $525,000
  • Status: Active
  • On Site: 150 Days
  • Updated: 45 min ago
  • MLS #: 100336125
0
Beds
0
Baths
0
½ Baths
0.3
Acres
Neighborhood:
Not In Subdivision
County:
New Hanover
Area:
Wilmington
Elementary School:
Forest Hills
Middle School:
Myrtle Grove
High School:
Hoggard
School District:
New Hanover
Property Description
This .31 Acre lot, located at the hard corner of Dawson and S 8th Street is prime for Multifamily / Mixed Use development along with a host of other Commercial uses by right. Zoned UMX for maximum density and minimum setbacks, this lot is cleared, flat and accessed to CFPUA water and sewer. Additionally it is in a federally designated ''Opportunity Zone'' which provides tax incentives for qualified investors to re-invest unrealized capital gains into low-income communities throughout the state.Preliminary assessment indicates highest and best use is either 18-24 condos/apartments or seven townhomes. The combination of flexible zoning, proximity to Historic Downtown and federal tax incentives makes this a unique development opportunity. Sale is for 718 Dawson St R05409-037-020-000 and 906 SOUTH 8TH R05409-037-019-000
Exterior Features

Buildings On Property None Location Type Mainland Lot Description Corner LotDevelopmentSee RemarksUrban Road Type Frontage Public (City/Cty/St) Topography ClearedLevel Total Road Frontage 123 Waterfront No Waterview No

Interior Features

Soil Evaluation Soil Evaluation - No

Property Features

Auction No City Limits Yes Cobra Zone No Deed Restriction No Environmental Hazard Unknown Federal Flood Ins Available No Fuel Tank None Hoa And Neighborhood Amenities No Amenities Hoa YN No Land Sub Type Residential Land Possession At Closing Property Taxes 831.84 Secondary Subdivision N/A Tax Year 2021 Water Sewer Community SewerCommunity Water Zoning Umx



Listing information © 2022 NCRMLS
Listing courtesy of John Horton of Berkshire Hathaway Homeservices Carolina Premier Properties: (910) 342-0155.


© 2022 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2022-11-26T12:57:55.77.
 
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RE/MAX Essential
1650 Military Cutoff Road
Wilmington NC, 28403