Property profile

1402 Old Hwy Lake Waccamaw, NC 28450

OFF-MARKET
Warehouses
2,512 SF
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Property summary

AI-generated overview

This exceptional 2,512-square-foot warehouse presents a rare opportunity in Lake Waccamaw, North Carolina. Situated at 1402 E Old Highway 74/76, this single-tenant industrial property offers a versatile space ideal for a variety of businesses. The building is conveniently located within the town limits, providing easy access to essential amenities. The property benefits from community water and sewer services, ensuring reliable infrastructure. Its strategic position along the 74/76 corridor offers convenient connectivity between Wilmington and Charlotte, placing it within a 20-45 minute drive of Wilmington, Elizabethtown, Whiteville, and Leland. This location is particularly attractive due to the limited availability of commercial space in Lake Waccamaw, creating high demand. The property's USDA eligibility for qualified buyers provides access to advantageous financing and potential renovation options through participating USDA lenders. This presents a unique opportunity for businesses seeking a well-situated, functional space in a growing community. Showings are available by appointment only for qualified buyers. The property is classified as industrial and land, with a single suite in a single tenancy arrangement. Located in Columbus County, North Carolina, with a zip code of 28450, this property offers a compelling investment prospect.

Property profile

Verified
Property type Warehouses
Total area 2,512 SF

Cap rate & NOI

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

Location

1402 Old Hwy Lake Waccamaw, NC 28450
Lake Waccamaw 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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