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    2936 Orville Wright Way, Unit C Wilmington, NC 28405

    For Sale
    $299,000

    Office/warehouse condominium in North Kerr Industrial Park.

    Building Details

    Year built
    2007

    Source: INTRACOASTAL REALTY CORP Agent JIM ADAMS

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

    Overview

    Office/Warehouse Condo For Sale

    This property is an office/warehouse condominium located in the Orville Wright Industrial Center, which is part of the North Kerr Industrial Park. The unit offers approximately 1,925 square feet of space, including around 655 square feet of office area and approximately 1265 square feet of warehouse space. The warehouse is equipped with one 14-foot roll-up door. The property is currently occupied by a tenant with a lease extending through the end of 2025, with an option for a 2-year renewal.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Southeastern Chemical Sales Janitorial Service Nye's Cream Sandwiches Manufacturer Air Duct Cleaning ... Dryer Vent Cleaning Service Outdoor Lighting Perspectives ... Lighting Contractor Christmas Lights Wilmington Lighting Store

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Department Store Food Market Kitchen & Bath

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

    Similar Places Nearby

    Frontier Scientific Solutions (Phase II), Just Move It Moving & Storage

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.9013344
    Latitude
    34.2924096

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    FAQs

    What type of property is this?
    Warehouse - Office/warehouse condominium in North Kerr Industrial Park.
    Where is this warehouse located?
    The property is located at 2936 Orville Wright Way, Unit C Wilmington, NC.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Leased through the end of 2025 with a 2-year renewal option, providing immediate income.; - Combination of +/-655 SF office and +/-1265 SF warehouse space.; - Located in Orville Wright Industrial Center, part of North Kerr Industrial Park.
    Request Owner's contact information
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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
    2936 Orville Wright Way, Unit C Wilmington, NC 28405
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