Great Opportunity with B-2 Zoning! Welcome to 5207 Castle Hayne Rd, a versatile property offering both residential comfort and commercial potential! This charming 2-bedroom, 1-bath home sits on a spacious lot and is currently used as a residence—but is zoned B-2 Commercial, opening the door to a variety of business and investment possibilities. Whether you're looking for a live/work situation, a rental property, or a future site for your business, this location offers excellent visibility and access along Castle Hayne Rd. With close proximity to I-40, downtown Wilmington, and surrounding commercial developments, the possibilities are endless. Investor Note: There is currently a lease in place, offering immediate rental income potential for the new owner. Don't miss out on this unique blend of residential charm and commercial opportunity—schedule your showing today!
Single-familyProperty Type
1942Year Built
0.5 acresLot Size
$338Est. Price/Sq.Ft.
Listed by Bradley Cotton• Cotton Property Management
Listed by Trevor Berry• Cotton Property Management
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.51 Acres
Year renovated
1975
Sq. Ft.
864
Year built
1942
Style
Single Family Residential
County
New Hanover County
APN
R01100-011-003-000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 23, 2026.
CZD B-2
Conditional Zoning District - Regional Business District
The intent of the Regional Business B-2 District is to provide for the proper site layout and development of larger format or larger structure size business uses, including big box stores and automobile dealers. It is also designed to provide for the appropriate location and design of auto-oriented uses that meet the needs of the motoring public or that rely on pass-by traffic.; The Conditional zoning CZ District option is established to address situations where a particular land use would be consistent with the Comprehensive Plan and the objectives of this Ordinance and only a specific use or multiple specific uses are proposed and appropriate for the development of a site. The district is primarily intended for use at transitions between zoning districts of dissimilar character where a particular use or uses, with restrictive conditions to safeguard adjacent land uses, can create a more orderly transition benefiting all affected parties and the community at-large. It is intended only for firm development proposals and should not be used for tentative projects without definitive plans.
Permitted uses
Include but are not limited to:
Assembly / meeting place
Gas station
General retail
Restaurant
Housing-Student
Self-Storage / mini-Storage
Hotel / motel
Office
Public service
Recreation
Property details
Parking
Parking/Garage Information
Parking Features: Unpaved
Interior
Bathroom Information
# of Full Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Electric, Heat Pump
Interior Features
Furnished: Unfurnished
Appliances: None
Room Information
# of Rooms Total: 6
Laundry Features: Washer Hookup
Basement Details: None
Exterior
Exterior Features
Patio And Porch Features: Deck, Porch
Fencing: Wire
Roof: Shingle
Building Information
Sq. Ft.: 864.0
Levels: One
Construction Materials: Wood Siding, Frame
Foundation Details: Brick/Mortar
Property Features
Other Structures: Barn(s)
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Road Frontage Type: City Street, State Road
Lot Size : 0.5
Lot Size Dimensions: 105 x 210 x 105 x 210
Lot Size Area: 0.5
Lot Size Units: Acres
Lot Size Acres: 0.5
Zoning: B-2
Utilities
Utility Information
Water Source: Well
Utilities: None
Sewer: Septic Tank
Location
Schools Information
Elementary School: Castle Hayne
Middle Or Junior School: Holly Shelter
High School District: New Hanover
High School: Laney
Location Information
Directions: Take exit 414 toward Castle Hayne 0.4 mi Turn left onto Holly Shelter Rd 1.0 mi Turn left onto Castle Hayne Rd Property on right hand side
Subdivision Name: Other
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 864
Stories: 1.0
Lot Size: 0.51 acres
Style: Single Family Residential
Year Built: 1942
Year Renovated: 1975
County: New Hanover County
APN: R01100-011-003-000
Home facts updated by county records on Sep 23, 2026
Other
Listing Information
List AOR: Cape Fear Realtors MLS, Inc.
Around this home
Schools
Castle Hayne Elementary
Public PreK-5 • Assigned • 0.7mi
7/10
Holly Shelter Middle School
Public 6-8 • Assigned • 0.7mi
8/10
Emsley A Laney High
Public 9-12 • Assigned • 3.7mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 105° expected this year, 19 days in 30 years
8/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Castle Hayne, NC • 28429
Average low and high temperatures (°F)
53
31
59
38
72
48
78
55
80
63
89
71
91
75
85
70
82
65
74
54
69
46
58
37
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 5.6 hours in December, which is comparable to the
U.S. average for solar exposure.
9.2 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$278,000 – $337,000
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