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    OFF-MARKET
    Warehouses

    118 Bryan Rd, Wilmington, NC 28412

    3,160 SF 2.29 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Southern Sass Jewels (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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