906 S 8th Street, Wilmington, NC 28401
- $525,000
- List Price
- $525,000
- Status
- ACTIVE
- MLS#
- 100336125
- Days on Market
- 517
- Acres
- 0.30
- Neighborhood
- Not In Subdivision
- Stipulations
- None
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
Additional Information
- Taxes
- $831
- Available Amenities
- No Amenities
- Exterior Features
- Corner Lot, Development, See Remarks, Urban
- Lot Information
- Corner Lot, Development, See Remarks, Urban
- Elementary School
- Forest Hills
- Middle School
- Myrtle Grove
- High School
- Hoggard
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Listing courtesy of Berkshire Hathaway Homeservices Carolina Premier Properties.
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