Property profile

0 Carolina Beach Rd Wilmington, NC 28428

OFF-MARKET
Retail properties & Spaces
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Exceptional opportunity to acquire a thriving dual-business operation in Wilmington, NC, encompassing a reputable auto repair shop and a successful auto sales dealership. Located on Carolina Beach Rd, in New Hanover County, this established enterprise boasts a strong reputation for quality service and customer satisfaction, serving Wilmington, Wrightsville Beach, Leland, and Carolina Beach. The auto repair shop handles routine maintenance and major repairs, employing experienced and qualified technicians. The auto sales division offers a diverse inventory of cars, SUVs, and trucks, catering to a wide range of budgets and preferences. Both businesses leverage modern, functional websites—the sales site features online vehicle search and photos, while the repair shop offers online booking. This turnkey operation presents a significant advantage with a new manager able to handle day-to-day operations. The business has experienced substantial profit growth over the past three years, indicating significant untapped potential. The asking price is $2,100,000, with a Net Operating Income (NOI) of $727,467. This is a business asset sale

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

Location

Carolina Beach Rd Wilmington, NC 28428
Wilmington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Carolina Beach Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message