Property profile

118 Bryan Rd Wilmington, NC 28412

OFF-MARKET
Warehouses
3,160 SF 2.29 ac lot
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Property summary

AI-generated overview

This exceptional industrial property, located at 118 & 120 Bryan Road in Wilmington, North Carolina, presents a unique investment opportunity. Boasting a total of 3,160 square feet across two units, this warehouse sits on a generous 2.29-acre lot. The asking price is $2,200,000, translating to $696.20 per square foot. Its strategic location offers easy access to the port, making it highly attractive for logistics businesses. The property's current configuration includes a logistics company, a boat repair garage, a woodworking garage, and a large garage capable of accommodating even the largest vehicles. Adding to its versatility, two units (118 A & B) are adaptable for residential use, providing significant flexibility for future development or expansion. This property in New Hanover County, zip code 28412, presents a rare blend of industrial space and potential for diverse applications, making it an exceptional investment prospect in a thriving location. The property's size and existing infrastructure offer immediate income potential and long-term growth opportunities.

Property profile

Verified
Property type Warehouses
Total area 3,160 SF
Lot 2.29 ac (99,752 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

118 Bryan Rd Wilmington, NC 28412
Wilmington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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