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Property profile & analytics
OFF-MARKET Estimated value $675,000
Commercial real estate

255 Wilmington Hwy Jacksonville, NC 28540-3505

6,737 SF 0.68 ac lot Built 1935
Individually Owned 2-yr Hold Free & Clear
Property ID
US53-1053696
Property summary
AI-generated overview

This exceptional commercial property, located at 255 WILMINGTON Highway in Jacksonville, North Carolina, presents a significant investment opportunity. The building boasts a substantial 6,302 square feet of versatile space, ideal for a variety of commercial uses. Situated on a sizable 0.68-acre lot, the property offers ample room for expansion, parking, or outdoor activities. The asking price is $5,000, representing a compelling value for a property of this size and location in a growing market. The property's address is easily accessible from major roadways, ensuring high visibility and convenient access for customers and employees. Its strategic location within Jacksonville offers proximity to a diverse range of businesses and residential areas, creating a strong potential customer base. The building's substantial square footage allows for flexible layouts to accommodate various business needs, from retail spaces to offices or light industrial uses. This presents a unique chance to acquire a well-positioned commercial property with significant growth potential in a thriving North Carolina community. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Serious inquiries are encouraged to explore the possibilities this property offers. Further details and potential uses can be discussed upon request. Don't miss this chance to secure a prime commercial location in Jacksonville, NC.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1935
Total area 6,737 SF
Lot 0.68 ac (29,621 SF)
Zoning code CC
APN 55731
UPID US53-1053696
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
  • Upscale Restaurant and Lounge Restaurant
  • Upscale Restaurant & Lounge Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$715k
Comparable Approach Comparable
$662k
Blend (final) Blend
$675k
Owner & transaction history
Nancy C Beacham · 2 yrs held
Nancy C Beacham
since 2023
2 recorded transactions
2023
Price N/A
2021
Price N/A
Zoning & alternative use
CC · Jacksonville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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