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    6747 Market St Wilmington, NC 28405

    Sponsored
    For Sale
    $3,600,000

    4,900 SF Warehouse, High Traffic

    Property size:
    4,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,900 square foot industrial property, located at 6747 Market Street in Wilmington, North Carolina, presents a compelling investment opportunity. Situated in a rapidly expanding market, this property boasts over 100 feet of road frontage on a street with a high volume of daily traffic (37,500 vehicles per day, according to NCDOT data), and includes a center turning lane for easy access. The property currently features two separate tenant-occupied buildings, providing immediate income potential. The expansive lot offers significant flexibility for future development. A new owner could add a third building to increase rental income or redevelop the entire site to capitalize on its prime location and high traffic count. The asking price for this exceptional property is $3,600,000. The property is zoned for commercial and warehouse use, and is located in New Hanover County, NC, zip code 28405. This is a rare opportunity to acquire a well-located industrial property with significant upside potential in a thriving market. The property's strategic location and high visibility make it ideal for a variety of commercial uses. Don't miss this chance to own a piece of Wilmington's burgeoning industrial sector.

    Property Features for 6747 Market St

    General Information

    Property type
    Distribution properties
    Square Feet
    4,900 SF

    HighLights

    • 4,900 SF industrial property in Wilmington, NC.
    • High‑traffic location (37,500 VPD) with over 100' of road frontage on Market Street.
    • Two existing tenant‑occupied buildings providing immediate income.
    • Large lot allows for future expansion or redevelopment.
    • Asking price: $3,600,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wilmington Total Marine Boat Repair Shop Sun Stoppers Wilmington Window Tinting Service Crystal Coast Graphics Banner Store King's Garage Nc Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop 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
    -77.8354894
    Latitude
    34.2596117

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    FAQs

    What type of property is this?
    Distribution property - 4,900 SF Warehouse, High Traffic
    Where is this distribution property located?
    The property is located at 6747 Market St Wilmington, NC.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: 4,900 SF industrial property in Wilmington, NC.; High-traffic location (37,500 VPD) with over 100' of road frontage on Market Street.; Two existing tenant-occupied buildings providing immediate income.
    Request Owner's contact information
    6747 Market St Wilmington, NC 28405
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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
    6747 Market St Wilmington, NC 28405
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