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    OFF-MARKET
    Land

    5012 Carolina Beach Rd, Wilmington, NC 28412

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    Property summary
    AI-generated overview

    This .49-acre commercial lot at 5012 Carolina Beach Road in Wilmington, NC (zip code 28412) is offered for sale at $340,000. Currently utilized as a lay-down yard, this property boasts excellent visibility due to its road frontage on a high-traffic thoroughfare. The lot includes a 12' x 12' shed and an 18' x 30' greenhouse. Its proximity to key areas is a significant advantage, being only 5.7 miles from the Port of Wilmington and 7 miles from downtown Wilmington. Zoned B-2 (Business District) by New Hanover County, the property is suitable for a wide range of commercial uses, including retail, office, or service-based businesses. This presents a unique opportunity for developers and business owners seeking a high-visibility location to establish or expand their operations. The property offers easy access to major commercial routes and economic centers, making it an ideal investment for growth and success. This is a rare chance to secure a prominent location in a thriving area.

    Property profile
    Verified
    Property type Land
    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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