Versatile 0.55-acre tract split-zoned RB and O&I, strategically located at 106 Pine Grove Drive in the vibrant City of Wilmington, NC.
Key Features:
Split Zoning: RB (Residential Business) and O&I (Office & Institutional), providing flexible development options.
Prime Location: One block from S College Road, with interconnectivity to Oleander Drive and Kerr Avenue.
Accessibility: Existing driveways on both Pine Grove Drive and Peachtree Avenue.
Infrastructure: Approximately 80% coverage with existing impervious surface paved with asphalt.
This tract presents an excellent opportunity for various commercial or professional uses, benefiting from its strategic location and versatile zoning. Maximize your investment potential in this high-traffic area. Contact us today to explore the opportunity.
This prime parcel is positioned just one block off the bustling corridor of S College Road, offering exceptional connectivity and accessibility.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
