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OFF-MARKET
Retail properties & Spaces

40 Waterford Business Ctr Way Belville, NC 28451

Property ID
Property summary
AI-generated overview

This exceptional 2.67-acre commercial land parcel is situated in the thriving Waterford Business Park in Belville, North Carolina, at 40 Waterford Business Center Way, and offers a unique opportunity for businesses seeking a high-visibility location. The property is zoned BELVILLE: BH, allowing for both office and retail uses. Five individual pads are available, ranging in size from 0.38 to 0.84 acres, providing flexibility for various development projects. Each pad offers approximately 4,500 square feet of buildable space per floor. The owner is offering a variety of development options, including build-to-suit construction, ground leases, or outright sales of the individual pads. Lease rates will be determined based on factors such as delivery terms and lease length. A significant advantage is the inclusion of $50 per square foot in tenant improvements allowance (TIA). The property boasts excellent visibility along US-74, a major thoroughfare with a high daily traffic volume of 53,500 vehicles. This prime location places your business in the heart of Waterford, providing easy access to amenities and a strong customer base. The property is located in Brunswick County, NC, zip code 28451, and is conveniently accessible via Olde Waterford Way. This is an ideal opportunity to establish a presence in a rapidly growing area.

Property profile
Verified
Property type Retail properties & Spaces
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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