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    604-608 Shipyard Blvd Wilmington, NC 28412

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    For Sale
    Contact for pricing

    Prime Wilmington development land. High traffic, excellent access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.42-acre commercial land parcel presents a remarkable development opportunity in the thriving Wilmington, North Carolina market. Located at 604-608 Shipyard Boulevard, this property boasts a strategic position benefiting from significant daily traffic volumes. Specifically, the site enjoys proximity to Shipyard Boulevard, which sees 17,000 vehicles per day, and Carolina Beach Road, with an impressive 30,500 vehicles per day. This high visibility ensures maximum exposure for any development. The property's versatility makes it ideal for a range of uses, including single-tenant or multi-tenant retail establishments, or medical facilities. Further enhancing its appeal, the site includes an access easement providing full access to Carolina Beach Road, ensuring convenient ingress and egress for customers and employees. This prime location in New Hanover County, with a 28412 zip code, offers unparalleled potential for investors seeking a high-return development project in a rapidly growing area. The property is classified as commercial land and is ready for immediate development. Don't miss this chance to acquire a highly desirable commercial land parcel in a prime Wilmington location.

    Property Features for 604-608 Shipyard Blvd

    General Information

    Property type
    Land
    Lot Size
    105,415 SF

    HighLights

    • 2.42‑acre commercial land parcel ready for development in Wilmington, NC.
    • High‑traffic location with 17,000 VPD on Shipyard Blvd and 30,500 VPD on Carolina Beach Rd.
    • Suitable for single‑tenant or multi‑tenant retail or medical uses.
    • Features an access easement providing full Carolina Beach Road access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -77.9327436
    Latitude
    34.1911107

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    FAQs

    What type of property is this?
    Land - Prime Wilmington development land. High traffic, excellent access.
    Where is this land located?
    The property is located at 604-608 Shipyard Blvd Wilmington, NC.
    What are key features of this property?
    This property features: 2.42-acre commercial land parcel ready for development in Wilmington, NC.; High-traffic location with 17,000 VPD on Shipyard Blvd and 30,500 VPD on Carolina Beach Rd.; Suitable for single-tenant or multi-tenant retail or medical uses.
    (704) 954-8929
    Request Owner's contact information
    604-608 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
    604-608 Shipyard Blvd Wilmington, NC 28412
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