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    1233 Castle Hayne Rd Wilmington, NC 28401

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    For Sale
    $2,195,000

    Warehouse on 28.24 acres near downtown Wilmington.

    Property size:
    12,500 SF
    Lot size:
    28.24 Acres

    Property Features for 1233 Castle Hayne Rd

    General Information

    Size
    12,500 SF
    Lot size
    28.24 Acres

    Source: Cape Fear Commercial, LLC Agent Will Leonard, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Riverfront Warehouse on Large Parcel

    This property features approximately 12,500 square feet of warehouse space situated on a 28.24-acre riverfront parcel. In addition to the warehouse, the site includes multiple outdoor, open-air storage buildings. The property offers approximately 12.5 usable acres. It is located in proximity to MLK, Jr. Parkway and downtown Wilmington.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Smith Creek Boatyard, JMT Services, LLC, U-Pack, Southern Moving & Storage

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.9368693
    Latitude
    34.2611601

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    FAQs

    What type of property is this?
    Warehouse - Warehouse on 28.24 acres near downtown Wilmington.
    Where is this warehouse located?
    The property is located at 1233 Castle Hayne Rd Wilmington, NC.
    What is the asking price?
    The asking price for this property is $2,195,000.
    What are key features of this property?
    This property features: - ± 28.24 acre riverfront parcel; - ± 12,500 SF of warehouse space; - Multiple outdoor, open-air storage buildings
    (910) 233-5351
    Request Owner's contact information
    1233 Castle Hayne Rd Wilmington, NC 28401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1233 Castle Hayne Rd Wilmington, NC 28401
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