2509 N Kerr Avenue, Wilmington, NC 28405 (MLS # 100570538)
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This property offers a compelling redevelopment opportunity with a survey already in hand. Sellers are prepared to assist with the site cleared to buyer specifications, including removal of the existing structure or a credit at closing. Positioned with over 110 feet of high-visibility frontage on N. Kerr Avenue, the site benefits from strong exposure and accessibility. It is currently zoned Airport Residential, with potential upside through rezoning--buyers should verify with local planning authorities to maximize density and use options. The existing three-bedroom brick home is included at no contributory value and is best considered a teardown, allowing for a clean slate for redevelopment. Ideal for builders, developers, or investors seeking a value-add project with flexible exit strategies. Bring your contractor and planning team to assess highest and best use--this is a rare opportunity to capitalize on location, frontage, and zoning potential.
| DAYS ON MARKET | 26 | LAST UPDATED | 5/18/2026 |
|---|---|---|---|
| TRACT | Not In Subdivision | YEAR BUILT | 0 |
| COUNTY | New Hanover | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | Wrightsboro |
|---|---|
| Jr. High School | Holly Shelter |
| High School | Laney |
| PRICE HISTORY | |
| Prior to May 5, '26 | $224,900 |
|---|---|
| May 5, '26 - May 18, '26 | $219,900 |
| May 18, '26 - Today | $199,900 |
| ADDITIONAL DETAILS | |
| LOT | 0.44 acre(s) |
|---|---|
| LOT DIMENSIONS | 110X200X90X203 |
| SEWER | Septic Tank |
| SUBDIVISION | Not In Subdivision |
| TAXES | 331.95 |
| UTILITIES | See Remarks |
| WATER | Well |
| WATERFRONT DESCRIPTION | See Remarks |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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