Property profile

5202 Carolina Beach Rd Wilmington, NC 28412

OFF-MARKET
Warehouses
1,040 SF
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Property summary

AI-generated overview

This exceptional 1,040-square-foot warehouse space presents a fantastic leasing opportunity on Carolina Beach Road in New Hanover County. Located directly across from a Walmart Supercenter, this single-tenant property boasts unparalleled visibility and accessibility, ensuring high foot traffic and brand recognition. The building's versatile layout makes it suitable for a wide range of commercial uses, providing flexibility for prospective tenants. The interior includes a convenient bathroom, adding to the overall functionality and convenience of the space. The property is classified as industrial and commercial, offering a blend of uses within a single unit. This is an ideal location for businesses seeking high-traffic exposure and a strategic position within a thriving retail corridor. The property's single-suite configuration simplifies management and operation, making it an attractive option for both established businesses and startups. The ample square footage provides sufficient space for various business needs, from storage and distribution to retail operations. This prime location offers a unique opportunity to establish a strong presence in a busy commercial area. Don't miss this chance to secure a highly visible and functional space in a prime retail location. The property's convenient access and proximity to major retail anchors make it an exceptional investment for businesses seeking growth and visibility.

Property profile

Verified
Property type Warehouses
Total area 1,040 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
  • General Contractor Construction Company
  • Restaurant
  • Home Health Care Service
  • Nail Salon
  • Training Center Tutoring Service

Location

5202 Carolina Beach Rd Wilmington, NC 28412
Wilmington metro
Google Maps

Value estimations

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