Property summary
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
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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