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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

805 Pne Grv Dr Dr Wilmington, NC 28403

46,209 SF 4.67 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.67-acre commercial property, located at 805 Pine Grove Dr Drive in Wilmington, North Carolina (zip code 28403), presents a significant investment opportunity. The property boasts a substantial 46,209 square feet of retail space, ideally suited for a variety of commercial ventures. Its prime location in the heart of Wilmington ensures high visibility and significant foot traffic, making it an attractive proposition for businesses seeking a strong presence in a thriving market. The site includes 125 designated parking spaces, providing ample convenience for customers and employees. This ensures a positive shopping experience and enhances the overall appeal of the property. A North Carolina Department of Transportation project is anticipated to commence in late 2024, pending funding approval. This development is expected to further enhance the area's accessibility and attractiveness. The asking price for this remarkable property is $7,500,000. This presents a rare chance to acquire a substantial retail space in a dynamic and growing area of Wilmington, North Carolina. The property is classified as both Retail and Land, offering flexibility for potential development and expansion. The property's size and location make it an ideal investment for those seeking a high-impact commercial presence in a bustling North Carolina city.

Property profile
Verified
Property type Retail properties & Spaces
Total area 46,209 SF
Lot 4.67 ac (203,425 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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