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    511 Shipyard Blvd Wilmington, NC 28412

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    For Sale
    $650,000

    Commercial property with building and storage in a high-growth area.

    Property size:
    1,174 SF
    Lot size:
    0.36 Acres

    Property Features for 511 Shipyard Blvd

    General Information

    Size
    1,174 SF
    Lot size
    0.36 Acres

    Source: Coldwell Banker Sea Coast Advantage-Midtown Agent Shane Register

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

    Overview

    Commercial Property Near Carolina Beach

    Located near Carolina Beach Road and Shipyard Blvd, this commercial property is zoned CS, allowing usage by building contractors, repair services, wholesaling, and some light industry. The property includes a 1174 square foot building and a detached storage building. Adjacent businesses include McDonalds, State Farm Insurance, and Wilmington Oil Lube Filter. The zoning allows a variety of different business usages.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bitcoin ATM Wilmington ... Atm Elevate Evolution Vaporizer Store Double Baked Smoke ... Tobacco Shop Computersoft Computer Store Addis Construction and PM, ... Construction Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.933343
    Latitude
    34.191995

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    FAQs

    What type of property is this?
    Retail space - Commercial property with building and storage in a high-growth area.
    Where is this retail space located?
    The property is located at 511 Shipyard Blvd Wilmington, NC.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Prime commercial property in an expansive growth area.; - Zoned CS, allowing for a variety of business usages (building contractors, repair services, wholesaling, light industry).; - Located near Carolina Beach Road and Shipyard Blvd.
    (910) 799-5531
    Request Owner's contact information
    511 Shipyard Blvd Wilmington, NC 28412
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    Wilmington, NC 28412
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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
    511 Shipyard Blvd Wilmington, NC 28412
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