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    1200 Castle Hayne Rd Wilmington, NC 28401

    Sponsored
    For Lease
    $1.00 SF/Yr

    Two-Acre Industrial Lot for Lease

    Lot size:
    130,680 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional two-acre vacant land parcel, identified by APN R04100-005-015-000 in New Hanover County, presents a unique opportunity for industrial users. Zoned I-2, this property offers significant flexibility for various uses. The site boasts ample space, ranging from 43,560 to 130,680 square feet, ideal for outdoor storage, laydown yards, or similar operations. Its location provides convenient access for trucks and heavy equipment, making it an attractive option for businesses requiring substantial storage or staging areas. The property is suitable for accommodating trailers, trucks, and heavy equipment, offering a secure and spacious solution for your operational needs. The multiple tenancy designation allows for flexible lease arrangements. This is a rare opportunity to secure a substantial industrial lot in a desirable location. The property is ready for immediate occupancy. Contact for showing. The total building suites is one.

    Property Features for 1200 Castle Hayne Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    130,680 SF

    Unit(s) available at that property

    Space
    Size
    130,680 SF
    Rate per SF
    $1.50

    HighLights

    • Two‑acre vacant land parcel available for lease.
    • I‑2 Zoning.
    • Suitable for outdoor storage, laydown yard, accommodating trailers, trucks, and heavy equipment.
    • APN: R04100‑005‑015‑000, New Hanover County.
    • Approximately 43,560 to 130,680 square feet available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Boaty's Boat House Boat Repair Shop Corbett Package Company Manufacturer Corbett Timber Company Logging Contractor Corbett Farming Company Shipping Service Unlimited Boat Service Boat Repair Shop

    Suggested Use

    Restaurant Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Pharmacy Gym & Fitness Auto Parts 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
    -77.9372318
    Latitude
    34.2592361

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    FAQs

    What type of property is this?
    Land - Two-Acre Industrial Lot for Lease
    Where is this land located?
    The property is located at 1200 Castle Hayne Rd Wilmington, NC.
    What is the lease rate?
    The lease rate is $1.50 SF/Yr.
    What are key features of this property?
    This property features: Two-acre vacant land parcel available for lease.; I-2 Zoning.; Suitable for outdoor storage, laydown yard, accommodating trailers, trucks, and heavy equipment.
    Request Owner's contact information
    1200 Castle Hayne Rd Wilmington, NC 28401
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    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
    1200 Castle Hayne Rd Wilmington, NC 28401
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