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    Warehouses

    5012 Carolina Beach Rd, Wilmington, NC 28412

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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
    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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