5012 Carolina Beach Rd, Wilmington, NC 28412
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.