For Sale
$4,500,000

2929 Market StreetWilmington, NC 28403

WILMINGTON DEVELOPMENT OPPORTUNITY

Overview

Added:
Jan 8
Days on market:
89
This four-acre corner lot at 2929 Market Street in Wilmington, NC, offers a prime opportunity for development. With 360 feet of frontage on Market Street and exposure to approximately 25,000 vehicles per day, this property is poised to capture significant attention.

Centrally located, it is adjacent to the desirable Forest Hills neighborhood and only two miles from downtown Wilmington. The property is also well-connected, served by a WAVE Transit bus route and just a block away from the planned Independence Boulevard Extension project, which will further improve access and reduce congestion in the area.

Situated along Route 17, this property is less than four miles from New Hanover County International Airport. Zoned O&I, it is ideal for various new developments, including hotels, restaurants, daycare centers, medical offices, or retail/mixed-use developments.

Highlights

  • High Visibility: 360 feet of frontage on Market Street with 25,000+ daily vehicles. Prime Location: Two miles from downtown Wilmington and adjacent to Forest Hills. Transit Access: Served by WAVE Transit; near the upcoming Independence Boulevard Extension. Airport Proximity: Less than four miles from New Hanover County International Airport. Versatile Zoning: O&I zoning suitable for hotels, restaurants, daycare centers, and retail.

Property Details for 2929 Market Street

Property type
Hospitals, Hospitality properties
Square Feet
174,676 SF
Price / Square Foot
$25.76
Elevators
N/A
Lot Size (sq. ft)
174,676 SF

Location Insight

City
Wilmington
County
State
North Carolina

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2929 Market Street
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