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    Property profile & analytics
    OFF-MARKET Estimated value $815,000
    Retail space

    2737 Castle Hayne Rd, Wilmington, NC 28401-2684

    2,903 SF 0.57 ac lot Built 1963
    Entity Owned ~ Est. High Equity
    Property ID
    US53-1313128
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a rare chance to acquire a dual-income retail property in Wilmington, North Carolina. Located at 2737 Castle Hayne Rd, this property boasts a total of 6,653 square feet across two buildings situated on a 0.57-acre lot. The property is zoned B-1, allowing for a variety of uses. Built in 1963 and renovated in 1985, the property currently enjoys 100% occupancy. One building is an established auto shop featuring four bays, a small office, and a waiting area; some existing equipment may be included in the sale under separate agreement. The second building operates as a bar. This turnkey investment offers immediate cash flow with the potential for future appreciation. The property's prime location in Wrightsboro, just north of the Food Lion Shopping Center, ensures high visibility and convenient access for customers. The asking price is $1,200,000, translating to $180.37 per square foot. This represents a compelling investment opportunity in a thriving North Carolina market. The property consists of two single-story buildings, offering a combined 6,653 square feet of net rentable space. This is a unique chance to own a well-established, dual-income generating property with significant upside potential. The property's strong location and current occupancy make it an attractive investment for both seasoned and new investors.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1963
    Construction WOOD FRAME
    Total area 2,903 SF
    Lot 0.57 ac (24,655 SF)
    Zoning code B-1,BUSINESS DISTRICT
    APN R03311-006-027-000
    UPID US53-1313128
    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
    • Crossfit Wilmington Gym & Fitness Center
    • O'Leary's Automotive Repair Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $959k
    Blend (final) Blend
    $815k
    Owner & transaction history
    Ss & M Bros LLC
    Ss & M Bros LLC
    since 2025
    Last sale
    $950,000
    7 recorded transactions
    2025
    $950,000
    2025
    2025
    2023
    2016
    $680,000
    1969
    1969
    Zoning & alternative use
    B-1,BUSINESS DISTRICT · Wilmington, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $1.0M +23.2%
    Medical building $945,000 +11.8%
    Warehouse, storage $850,000 +0.8%
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