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    1120 Beasley Rd Wilmington, NC 28409

    For Sale
    $1,275,000

    7-bedroom assisted living facility, potential for other uses.

    Property size:
    4,671 SF
    Lot size:
    0.83 Acres

    Property Features for 1120 Beasley Rd

    General Information

    Size
    4,671 SF
    Lot size
    0.83 Acres

    Source: Rosemark Commercial Advisors, Inc. Agent Mark Johnson

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

    Overview

    Assisted Living Facility Opportunity

    This property, most recently operated as an Assisted Living facility, features 7 bedrooms and 6.5 bathrooms. It is suitable for group home use, potentially student housing, or drug rehabilitation. Conversion to a single-family home is also possible. The seller is offering a credit toward adding a garage, with the lot being large enough to accommodate one. An adjacent 0.75-acre lot is also available for sale. The main house has 4415 square feet, and there is a conditioned out-building with approximately 256 square feet that could be used for storage or office space. The property is also available for lease at $25 per square foot NNN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Coastal Cove of Wilmington Assisted Living Facility

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Skin Care Clinic

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

    Similar Places Nearby

    Coastal Cove of Wilmington

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.8720791
    Latitude
    34.1848088

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    FAQs

    What type of property is this?
    Assisted living facility - 7-bedroom assisted living facility, potential for other uses.
    Where is this assisted living facility located?
    The property is located at 1120 Beasley Rd Wilmington, NC.
    What is the asking price?
    The asking price for this property is $1,275,000.
    What are key features of this property?
    This property features: - Large 7 bedroom, 6.5 bath property suitable for various uses; - Sizeable 4415 SF main house plus a 256 SF conditioned out-building; - Seller offering credit toward adding a garage
    (703) 244-6113
    Request Owner's contact information
    1120 Beasley Rd Wilmington, NC 28409
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    Wilmington, NC 28409
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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
    1120 Beasley Rd Wilmington, NC 28409
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