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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    340 Metro Cir, Wilmington, NC 28401

    2 ac lot
    Entity Owned
    Property ID
    US53-1765579
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents 2± acres of industrial land in Wilmington, North Carolina, ideally situated at 340 Metro Cir, 28401. The property, identified by APN R03200-002-031-000, is zoned I-2 within New Hanover County and boasts a prime location near the US Hwy 421 and I-140 interchange, ensuring excellent accessibility. Currently leased to Mobile Mini Storage Containers, the lease agreement is set to expire June 30, 2028, leaving a remaining term of approximately 3.6 years. The property features a stone laydown yard and is fully fenced, adding to its functionality and security. This land offers a compelling investment prospect with a pro-forma cap rate of 6.50% and an asking price of $650,000. Please note that the tenant should not be disturbed. This is a rare opportunity to acquire a well-located, income-producing industrial land parcel in a thriving market. All information is deemed reliable but not guaranteed.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2 ac (87,120 SF)
    APN R03200-002-031-000
    UPID US53-1765579
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    R L Blanton & Co INC
    R L Blanton & Co INC
    since 2025
    1 recorded transaction
    2025
    $1.0M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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