225 Valencia Ct – Developable Land
Asking Price $675,000
1.45 Acres of Residential Land Offered at $675,000 in Wilmington, NC 28412
Executive Summary
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.