Ready to build .15 acre corner lot on castle street is just one block from the new 98 Apartment 4,200 SF retail complex Midcastle. The property is zoned UMX which allows for high density mixed use. The current owner intended a 16 unit apartment building with a 900 SF retail space. The lot is located between the rapidly developing Cargo District and Castle street's busy retail and residential district. Opportunity zone tax benefits are available for the developers of this parcel.
Sold for $314,000 on 06/06/25
$314,000
1221 Castle Street, Wilmington, NC 28401
--beds
0baths
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$1,448 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: June 09, 2025 at 05:42am
Listed by:
John C Horton 910-515-4140,
Coastal Properties
Bought with:
Tidal Realty Partners
Real Broker LLC
Source: Hive MLS,MLS#: 100455227
Originating MLS: Cape Fear Realtors MLS, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 6,534 sqft
- Topography: Cleared,Undeveloped
Details
- Additional structures: None
- Parcel number: R05406023023000
- Zoning: UMX
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Community & neighborhood
Location
- Region: Wilmington
- Subdivision: Not In Subdivision
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash