5012 Carolina Beach Rd, Wilmington, NC 28412
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.
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.