5019 Carolina Beach RdWilmington, NC 28412

Property Details for 5019 Carolina Beach Rd

Year built

1982

Construction

STEEL FRAME

Lot size

3.92 AC

Property size (Sq ft)

9,600 SF

Zone code

B-2,BUSINESS DISTRICT

Property type

Industrial properties

Property subtype

Other warehouses

APN

R07100-003-026-000

APU

R07100003026000

Description

This exceptional flex space, located at 5019 Carolina Beach Road, Unit B, in the vibrant Monkey Junction submarket of New Hanover County, presents a unique investment opportunity. The property boasts a total of 34,040 square feet across six single-story buildings, situated on a generous 3.93-acre lot. Currently, 6,250 square feet of retail space is available for lease, offering immediate occupancy. Built in 1982 and renovated in 1985, the property is classified as Class B and benefits from a prominent 210-foot frontage on Carolina Beach Road, a high-traffic artery with an average daily traffic count of 33,500 vehicles. The B-2 zoning designation by New Hanover County allows for a diverse range of commercial uses, providing flexibility for potential tenants. The property's location within the thriving Monkey Junction area ensures high visibility and accessibility. The parcel's APN is R07100-003-026-000. This is an excellent opportunity to secure a well-located, versatile commercial space in a rapidly growing area. The available space offers significant potential for a variety of businesses seeking a high-traffic location with ample space and convenient access. The property's existing infrastructure and flexible zoning make it an ideal choice for a range of commercial ventures.

• Alternative Use

  Use

  Valuation

  Residential

  $2,663,500

  Hospitality

  $2,439,752

  Educational

  $2,029,845

  Medical

  $2,099,654

  Retail

  $3,157,536

Location Insight

City

Wilmington

County

New Hanover

State

North Carolina

Latitude

34.1503

Longitude

-77.9015

CBSA code

48900

CBSA name

WILMINGTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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