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    5619 Carolina Beach Rd Wilmington, NC 28412

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    For Lease
    Contact for pricing

    Community shopping center with retail space for lease.

    Property size:
    3,211 SF
    Lot size:
    28.55 Acres

    Property Features for 5619 Carolina Beach Rd

    General Information

    Size
    3,211 SF
    Lot size
    28.55 Acres

    Source: Big V Property Group Agent Julie O'Donnell

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

    Overview

    Retail Space in Myrtle Grove

    Located in the Myrtle Grove section of Wilmington, this property offers retail space within a 74,370 square foot community shopping center. The Village at Myrtle Grove is positioned at the intersection of Carolina Beach Road, which sees 61,874 vehicles per day, and Piner Road, with a traffic count of 20,987 vehicles per day. The property is situated in a busy retail corridor.
    Location Intelligence

    Current Use by Public Records

    Hibachi Bistro Japanese Restaurant Amanda Montgomery Physical Therapist Eileen Gilmour Optometrist BenchMark Physical Therapy Physical Therapist Amanda Hendrix Optometrist

    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
    -77.8932262
    Latitude
    34.1349222

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    FAQs

    What type of property is this?
    Strip mall - Community shopping center with retail space for lease.
    Where is this strip mall located?
    The property is located at 5619 Carolina Beach Rd Wilmington, NC.
    What are key features of this property?
    This property features: - Located at the intersection of Carolina Beach Rd and Piner Rd.; - 74,370 SF community shopping center.; - Located in a busy retail corridor.
    (877) 244-8532
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    5619 Carolina Beach Rd 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
    5619 Carolina Beach Rd Wilmington, NC 28412
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