Wilmington Industrial Building on College
112 N College Rd, Wilmington, NC 28405
40,000 SF industrial building on 4.5 acres for sale.
Type:Hospitality, Industrial, Land, Retail, Special Purpose
Property size:
40,000 SFLot size:
4.50 AcresPrice / SF:
$112/SF- Added:
- Feb 7, 2026
- Days on Market:
- 100
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 112 N College Rd
General Information
- Standard status
- Active
- Size
- 40,000 SF
- Lot size
- 4.50 Acres
- Property subtype
- Hospitality, Industrial, Land, Retail, Special Purpose
Listing agent Tyler Pegg License #249446
Listing office Sun Coast Partners Commercial (910) 512-3550
Listing date Feb 7, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Sun Coast Partners Commercial
HighLights
- Prime location on College Road with high traffic (40,000 AADT) and Market Street frontage, offering exceptional visibility and accessibility.
- Dual zoning (IND and RB) and favorable future land use designations support a wide range of reuse and redevelopment options.
- Existing ±40,000 SF industrial building allows for immediate income generation or owner‑user occupancy while planning future development.
- Large ±4.5‑acre site comprised of four parcels provides substantial depth and flexibility for phased development.
- Conveniently located near UNCW, Wilmington International Airport (ILM), major retail, and employment hubs.
- Environmental Phase I & II assessments completed, with remediation performed and conditions confirmed below regulatory thresholds.
Overview
Located at 112 N. College Road in Wilmington, North Carolina, this commercial property offers opportunities for industrial reuse or redevelopment. The property features an existing industrial building of approximately 40,000 square feet on a plot of approximately 4.5 acres. Its location provides multiple value paths for an end-user, investor, or developer to capitalize on the current improvements or pursue long-term redevelopment. Reuse and repurposing opportunities include warehouse, distribution, light manufacturing operations or life sciences, contractor service, fleet, or service-oriented commercial uses, adaptive reuse for office, flex, or mixed commercial applications, and interim income or owner-user occupancy while planning redevelopment. Redevelopment is supported by four parcels totaling approximately 4.5 acres with substantial depth and over 1000 feet of College Road and over 125 feet Market Street frontage. The location benefits from annual average daily traffic counts of approximately 40,000 vehicles per day on College Rd AND Market St. Dual zoning, General Industrial (IND) and Regional Business (RB) under City of Wilmington Zoning Code, and future Land Use designations encourage employment, academic, and live/work innovation uses. The property allows phasing development by retaining, expanding, or removing existing improvements. The property is strategically located near UNCW, Wilmington International Airport (ILM), and major retail and employment hubs, with planned NCDOT roadway improvements further enhancing long-term accessibility. Environmental Phase I & II assessments have been completed, with remediation performed and final testing confirming conditions below regulatory thresholds. The property is ideal for investors, owner-users, or developers seeking a highly visible infill site with access to Market Street and College Road.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Container Product Co
Industrial Manufacturer
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.8708271
- Latitude
- 34.2484657
Nearby Similar for Sale
FAQs
What type of property is this?
Manufacturing property - 40,000 SF industrial building on 4.5 acres for sale.
Where is this manufacturing property located?
The property is located at 112 N College Rd Wilmington, NC.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Prime location on College Road with high traffic (40,000 AADT) and Market Street frontage, offering exceptional visibility and accessibility.; Dual zoning (IND and RB) and favorable future land use designations support a wide range of reuse and redevelopment options.; Existing ±40,000 SF industrial building allows for immediate income generation or owner‑user occupancy while planning future development.
