Upper Dean Tract

Vacant Land for Sale
Catylist Listing ID: 30012216
Gross Land Area: 5.29 Acres
Sale Price: $4,900,000
Unit Price: $926,275 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/20/2017

Overview / Comments

The Subject is a +/- 5.29 acre development site located in the Central Business District of downtown Wilmington, NC.

The Northside of downtown has flourished in recent years, giving rise to a
variety of new developments adjacent to the Subject, including: City Block Apartments, Sawmill Point Apartments (under construction), the world
headquarters to PPD, the City Marina and associated dining, and the City of Wilmington’s planned Riverfront Park.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: Multiple
Zoning: CBD
Zoning Description: Zone X, with a small portion being classified as Zone AE

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,817 35,419 101,727
Median Age: 36.23 35.7 35.82
Households: 2,244 15,986 43,777
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