Prime development opportunity in the heart of Ogden/Porters Neck. This 1.52 acre site sits behind the new Sheetz convenience store at the corner of Alexander Rd & Market St and is approved for a community of 12 townhomes. The overall site plan and layout have been designed, while the final finishes, architectural style, and product type (for rent or for sale) remain under the future builder's control. The townhomes will face neighboring residential properties and feature walkable connectivity to both Sheetz and an adjacent QSR site, offering residents the convenience of dining and services just steps away. Shared access from Market Street and Alexander Drive, plus a future signalized intersection at Market & Alexander, further enhances visibility and accessibility. Seller deliveries include clearing, rough grading, water, sewer, and off-site stormwater retention. With its sought-after school district, strong residential demand, and strategic location along one of Wilmington's busiest corridors, this project presents an exceptional opportunity to bring a new townhome community to life in a prime area of town.
Vacant landProperty Type
1.55 acresLot Size
$418,710Price/Acres
Listed by Stephanie Lanier• Intracoastal Realty Corporation
Listed by Lanier Property Group• Intracoastal Realty Corporation
Greenview Ranches, located between Bayshore Boulevard and NC-210, is a low-density and equestrian-leaning Bayshore neighborhood with wide lots and long, tree-lined drives. The neighborhood reads as ranch-style homes, barn-like outbuildings, and gravel lanes that keep the pace unhurried. The character concentrates around the Greenview Ranches entrance at Bayshore Boulevard and Greenview Ranches Drive, where mail kiosks, fencing, and horse trailers set the tone. Daily rhythms orbit local staples like Bayshore Feed & Tack, the Greenview Community Grange, and Dockside Coffee Roasters. Open fields and drainage canals shape the geography, with sunset views across pasture edges. Streets stay quiet, while weekend activity gathers around trailheads and community events.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior features
Corner lot
Paved road access
Frontage on a city street and a state road
Undeveloped topography
Home design
Land parcel (Residential Land)
Construction
Zoned R-5
Financial info
Annual tax approximately $781.61
Other
Located in the Greenview Ranches subdivision
Directions: Turn off Market Street onto Alexander Rd.
Electricity and solar
View estimated energy costs and solar savings for this home
Discover the possibilities on this prime 1.55-acre parcel in the highly sought-after Porters Neck area. Situated just one mile from Walmart, shopping, and dining options. The convenience continues, as it's less than 4 miles away from the new outpatient surgery center, providing easy access to medical and dental services. Ideal for a range of ventures, this expansive parcel is a canvas awaiting your vision. Water connection available and onsite septic in place further enhancing the development prospects. Benefit from the thriving community in Porters Neck, known for its desirable amenities and proximity to essential services. Take advantage of this rare opportunity to shape a significant piece of real estate in a rapidly growing and vibrant area. Just off of Market Street. . Please note. 7711 Alexander Road is also listed
Year
Property tax
Land + Additions
Assessment*
2025
$548 (−18.9%)
$205,300 + $1,200
$206,500
2024
$676 (+0.9%)
$205,300 + $1,200
$206,500
2023
$670 (+108.0%)
$114,800 + $400
$115,200
2019
$322
$50,500 + $400
$50,900
2018
$322 (−2.3%)
$50,500 + $400
$50,900
2017
$330 (−44.0%)
$50,500 + $400
$50,900
2016
$589 (+7.5%)
$50,500 + $400
$50,900
2015
$548 (+1.9%)
$84,200 + $900
$85,100
2014
$538
$84,200 + $900
$85,100
Public record
Public record
Zoning
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Lot width
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Lot depth
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Lot size
1.55 Acres
Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Mobile/Manufactured Home
County
New Hanover County
APN
R03600-004-022-000
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jul 17, 2026.
R-15
Residential-15 District
The purpose of the Residential-15 (R-15) District is established to provide lands that accommodate very low to low density residential development that can serve as a transition between very low density residential development patterns and smaller lot, more dense residential areas of the County. District regulations discourage development that substantially interferes with the quiet residential and recreational nature of the district.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 104° expected this year, 18 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Wilmington, NC • 28411
Average low and high temperatures (°F)
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33
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38
71
49
77
56
80
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89
72
89
77
86
71
82
67
74
55
69
48
58
38
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May
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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 7718 Alexander Rd
$613,368
$36K under list price of $649K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $360K to $520K.