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    OFF-MARKET
    Land

    2410 Southhall Dr, Wilmington, NC 28412

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    Property summary
    AI-generated overview

    This exceptional 3-acre commercial land parcel presents a unique investment opportunity in Wilmington, NC. Located in New Hanover County, at 2410/2411 Southhall Drive, zip code 28412, this single-tenant property is zoned RB Regional Business, offering diverse commercial development possibilities. The land is divided into two lots, strategically positioned within a master-planned development. Lot 1 boasts maximum road frontage and visibility at the hard corner of Shipyard and Independence Boulevards, while Lot 2 is situated at the intersection of Shipyard Boulevard and Southhall Drive. Both lots benefit from an off-site retention pond. This prime location is directly in front of the recently renovated and expanded Barclay Place Apartments, a rapidly growing area within Wilmington's Midtown submarket. Midtown Wilmington is a thriving hub of activity, featuring significant employment centers in healthcare, financial technology, and higher education. The area also offers convenient access to a variety of entertainment, retail, and other amenities, creating a vibrant and walkable environment that supports a diverse range of commercial ventures. This property presents an excellent opportunity for businesses seeking high visibility and access to a dynamic and growing community.

    Property profile
    Verified
    Property type Land
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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