$405,000

1024 S College Road Wilmington, NC 28403

Listed 113 days ago (Jul 17, 2026) · Status checked with the MLS Nov 7, 8:11 AM

Hive MLSListed by Prosper Real Estate

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Open house

Saturday, Nov 7, 10:00 AM – 4:00 PM

Directions

About this home

Take advantage of a rare development opportunity along one of Wilmington's busiest commercial corridors. This ±0.19-acre (8,084 SF) Community Business (CB) zoned site at 1024 S. College Road has already undergone preliminary review by the City of Wilmington Technical Review Committee for a proposed two-story commercial building, giving a future buyer a head start in the entitlement process. Municipal water and sewer are available to the parcel. CB zoning supports a wide range of neighborhood-serving retail and professional uses - office, medical, personal services, food and beverage among the possibilities - on a corridor that carries some of the heaviest daily traffic in New Hanover County, minutes from UNCW, midtown retail, and dense surrounding rooftops. Approximately 50 feet of frontage puts your signage directly in the sightline of that traffic. Small-format commercial sites on S. College rarely come available - even more rarely with TRC review underway and assumable-style financing attached. Concept plan and due diligence materials available to qualified buyers on request. Attractive financing in place: per the seller, existing owner financing at 6% interest-only may be transferable to a qualified buyer, subject to lender approval - meaning a buyer could control this site by bringing the difference to closing rather than financing the full price in today's rate environment. Terms and details available to qualified buyers on request. Note that the existing note matures September 1, 2027, so the transferable financing serves as short-term bridge financing, with the balance due at maturity.

Facts

Type
Undeveloped
Lot
0.18 acres
County
New Hanover
Water
Public
Listed
Jul 17, 2026
MLS #
100589849

Directions to 1024 S College Road

From the University of North Carolina Wilmington at 601 College Rd, head toward Atlantis Ct for 0.3 miles. Turn right onto Cedar Ave and continue 0.3 miles, then turn left onto College Rd. Continue a short distance, and 1024 College Rd, Wilmington, NC 28403, will be on your right.

Explore the area

About 1024 S College Road

1024 S College Road is a lot, Wilmington, New Hanover County, NC 28403.

It has been on the market for 113 days.

Area figures are broad context from the MLS, not a valuation — they don't adjust for condition, lot, views or updates. Ask us for a true comparison.

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Questions about 1024 S College Road

How much is 1024 S College Road?

1024 S College Road is listed at $405,000 as of November 7, 2026. Status: for sale.

How long has 1024 S College Road been on the market?

113 days.

Who is the listing broker for 1024 S College Road?

Prosper Real Estate (MLS #100589849). The Buddy Blake Team can show it to you and answer questions.

Can I tour 1024 S College Road?

Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.

Listing provided by Prosper Real Estate via Hive MLS.