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33259955
33259947

225 Valencia Court, Wilmington, NC 28412 For Sale

JL
295245
Resource Business Brokerage
Listed by Resource Business Brokerage
$675,000
47 days on market
Updated 47 days ago

225 Valencia Court

Details
Property Type Retail, Land
Sub Type Commercial
Units 1
Class A
Acreage 1.450
Zoning MD-17
Parking Spaces 1 per unit
Ground Lease No

The parcel has been brought to pad-ready condition.

Investment highlights

The land is zoned MD-17 Multi Dwelling High Density Condo District. It sits within the development known as Passage Point located along Independence Blvd east of River Road. The original site development plan included a new 18-unit condominium building to match the neighboring structure. Site infrastructure for the future 18-unit building was installed with the construction of the neighboring condominium. The adjacent building contains 18 condos and is part of an HOA. Inclusion in the HOA is a possibility for the developer.

Listing Contacts

JL
295245
Resource Business Brokerage
Listed by Resource Business Brokerage

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