About 818 S 5th Avenue
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.
Features of 818 S 5th Avenue
| MLS® # | 100586857 |
|---|---|
| Price | $600,000 |
| Acres | 0.19 |
| Type | Land |
| Sub-Type | 5+ Multi-Family |
| Status | Active |
Community Information
| Address | 818 S 5th Avenue |
|---|---|
| Subdivision | Not In Subdivision |
| City | Wilmington |
| County | New Hanover |
| State | NC |
| Zip Code | 28401 |
Amenities
| Utilities | Sewer Connected, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Corner Lot |
|---|
School Information
| Elementary | Other |
|---|---|
| High | New Hanover |
Additional Information
| Date Listed | July 7th, 2026 |
|---|---|
| Days on Market | 44 |
| Zoning | UMX |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Dominion Real Estate Group LLC |
|---|