Industrial Building for Reuse or
For Sale
Contact for pricing
112 N College Rd, Wilmington, NC 28405
Dual-zoned IND and RB with frontage on College Road and Market Street for industrial reuse or redevelopment.
Property Size40,000 SF
Lot Size4.50 Acres
Price / SF$102.50
Days on Market192
Property Features for 112 N College Rd
General Information
Standard status
Active
Size
40,000 SF
Lot size
4.50 Acres
Property subtype
INDUSTRIAL
Zoning
General Industrial (IND)
Additional Details
Road Access
Yes
Building Details
Buildings
1
Building Size
40,000 SF
Listing Agency:
Sun Coast Partners Commercial
(910) 409-8421
Listed By:
William Cress
(910) 409-8421
Source:
Moodyscre
Added: Jan 21
Changed: Jul 30
Last Checked: Aug 1 at 2:56AM
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
Investment Insights
Based on property information with market context.
The property at 112 N. College Road includes an existing ±40,000 SF industrial building on +/-4.5 acres across four parcels. The site is positioned for warehouse, distribution, light manufacturing, life sciences, contractor/fleet/service uses, or adaptive reuse into office, flex, or mixed commercial applications. It also supports an interim owner-user occupancy or income strategy while planning longer-term redevelopment.
Redevelopment is supported by substantial depth and extensive frontage, including 1,000+ feet along College Road and 125+ feet along Market Street. The property is dual-zoned General Industrial (IND) and Regional Business (RB) under the City of Wilmington Zoning Code, with future land use designations that encourage employment, academic, and live/work innovation uses. Annual Average Daily Traffic (AADT) counts are stated at 40,000 vehicles per day on both College Road and Market Street.
Environmental Phase I and II assessments are completed, with remediation performed and final testing confirming conditions below regulatory thresholds. The location is described as being near UNCW and Wilmington International Airport (ILM), with planned NCDOT roadway improvements to enhance long-term accessibility.
Redevelopment is supported by substantial depth and extensive frontage, including 1,000+ feet along College Road and 125+ feet along Market Street. The property is dual-zoned General Industrial (IND) and Regional Business (RB) under the City of Wilmington Zoning Code, with future land use designations that encourage employment, academic, and live/work innovation uses. Annual Average Daily Traffic (AADT) counts are stated at 40,000 vehicles per day on both College Road and Market Street.
Environmental Phase I and II assessments are completed, with remediation performed and final testing confirming conditions below regulatory thresholds. The location is described as being near UNCW and Wilmington International Airport (ILM), with planned NCDOT roadway improvements to enhance long-term accessibility.
Key Highlights
- ±40,000 SF existing industrial building on +/-4.5 acres
- Four parcels totaling +/-4.5 acres
- 1,000+ feet of frontage on College Road
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28405, NC
31,775
Population
17,073
Households
1.9
Avg Household Size
41
Median Age
41%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,352
Density / Sq Mi
$67,809
Median Household Income
$41,265
Median Earnings
$1,405
Median Rent
$337,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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- Go Store It Self Storage — 5135 Market St, Wilmington, NC 28405
- CubeSmart Self Storage — 20 Garris Rd, Wilmington, NC 28403
Frequently Asked Questions
What type of property is this?
Warehouse - Dual-zoned IND and RB with frontage on College Road and Market Street for industrial reuse or redevelopment.
Where is this warehouse located?
The property is located at 112 N College Rd Wilmington, NC.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: ±40,000 SF existing industrial building on +/-4.5 acres; Four parcels totaling +/-4.5 acres; 1,000+ feet of frontage on College Road
