Rare opportunity to acquire 8+ acres of prime waterfront property on the Cape Fear River overlooking Downtown Wilmington. Located directly across the river from Wilmington's downtown waterfront, Riverwalk and convention center, this highly visible site offers an extraordinary location for a major waterfront development. The property features approximately 2,100 feet of combined waterfront frontage, with frontage along both the Cape Fear River and Northeast Cape Fear River, providing expansive water views and tremendous development potential. The site's location, visibility and waterfront access create an exceptional opportunity for a variety of uses, subject to zoning. Currently zoned I-2, the property offers a broad range of permitted uses and provides the scale and location necessary for a transformative waterfront project. With Downtown Wilmington directly across the river and the surrounding waterfront continuing to evolve, Point Peter represents a rare opportunity to create a destination-oriented development in one of Wilmington's most prominent waterfront locations.
Vacant landProperty Type
8.34 acresLot Size
$419,664Price/Acres
Listed by Jeff Hovis• Intracoastal Realty Corporation
Listed by Sky Grainger• Intracoastal Realty Corporation
As the MLS and public records start to fill up, we'll list the details here.
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Vacant Land
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Brunswick County
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R04700-003-007-000
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Last updated by owner on Aug 30, 2026.
I-2
Heavy Industrial District
The purpose of the Heavy Industrial (I-2) District is to provide lands that accommodate a full range of heavy industry uses to support the development and success of industrial and commerce clusters as identified in the Comprehensive Plan. Uses allowed in the district include manufacturing, fabrication, assembly, warehousing, distribution, and accessory outside storage uses associated with heavy industrial uses, where such heavy industry uses are served by rail, waterway, and/or highway transportation systems. District regulations are included to protect development situated outside the district and minimize environmental impacts caused by the uses within the district.
Permitted uses
Include but are not limited to:
Convenience store
Restaurant
Tavern / bar / nightclub / micro-Brewery
Commercial laundry
Manufacturing
Self-Storage / mini-Storage
Warehouse
Office
Medical office
Park & open space
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Wilmington, NC • 28401
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 1100 Point Harbor Rd
$3,450,200
$50K under list price of $3.50M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $420K to $668K.