Property profile

5012 Carolina Beach Rd Wilmington, NC 28412

OFF-MARKET
Warehouses
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Property summary

AI-generated overview

This .49-acre lot at 5012 Carolina Beach Road in Wilmington, NC, presents a unique investment opportunity. Currently utilized as a lay-down yard, it boasts excellent visibility and versatility. The property includes a 12' x 12' shed and an 18' x 30' greenhouse. Its prime location on Carolina Beach Road ensures high traffic exposure, with convenient proximity to the Port (5.7 miles) and Downtown Wilmington (7 miles). Zoned B-2 (Business District) by New Hanover County, this parcel is suitable for a wide range of commercial uses, including retail, office, or service-based businesses. The property's high visibility and accessibility make it ideal for developers and business owners seeking to establish or expand their operations in a thriving area. This is a rare chance to secure a prominent location with easy access to major commercial routes and economic hubs, offering significant potential for growth and return on investment. The single-tenant property consists of one suite, with a total building square footage of zero. The property is classified as Industrial and Land.

Property profile

Verified
Property type Warehouses

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5012 Carolina Beach Rd Wilmington, NC 28412
Wilmington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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