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Property profile & analytics
FOR SALE
Commercial real estate

3205 Kitty Hawk Rd Wilmington, NC 28405

15,000 SF 1.26 ac lot Built 2006
Entity Owned ~ Est. High Equity
Property ID
US53-1151484
Property summary
AI-generated overview

This exceptional commercial property, located at 3205 Kitty Hawk Road in Wilmington, North Carolina, presents a unique investment opportunity. The property encompasses a substantial 1.26-acre lot, providing ample space for expansion or future development. The existing building offers 3,000 square feet of usable space, ideal for a variety of commercial ventures. Its strategic location in Wilmington offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving market. The property's versatility allows for diverse uses, catering to a wide range of commercial needs. Given the size of the lot and the building's square footage, this property is well-suited for businesses requiring significant space and potential for growth. The asking price of $2,600,000 reflects the property's prime location, substantial size, and development potential. Serious inquiries are encouraged to explore the possibilities this exceptional commercial property offers. Further details regarding zoning and permitted uses are available upon request. This is a rare opportunity to acquire a significant commercial property in a desirable Wilmington location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2006
Total area 15,000 SF
Lot 1.26 ac (54,842 SF)
Zoning code I-2,INDUSTRIAL DISTRICT
APN R03400-001-040-000
UPID US53-1151484
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
  • Brock Cabinets, Inc. Hardware & Home Improvement Furniture & Home Goods
  • Jordan Jones Physician
  • Lindsay Wheeler Physician
  • Amy Crocker Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.75M
Blend (final) Blend
$2.42M
Owner & transaction history
Mbd Holdings LLC
Mbd Holdings LLC
since 2026
6 recorded transactions
2026
$1.7M
2018
Price N/A
2013
$505,000
2012
$2.0M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I-2,INDUSTRIAL DISTRICT · Wilmington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $3.7M +6.5%
Warehouse, storage $3.7M +6.1%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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