Property profile

501 Greenfield St Wilmington, NC 28401

OFF-MARKET
Gas stations
Property ID
US53-1436765
1,796 SF 0.14 ac lot Built 1948
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 501 GREENFIELD Street in Wilmington, North Carolina, presents a unique investment opportunity. Boasting a generous 1,796 square feet of space situated on a conveniently sized 0.14-acre lot, this property offers significant potential for a variety of commercial uses. The building's versatile layout allows for customization to suit diverse business needs. Its prime location in Wilmington provides excellent visibility and accessibility, ensuring high traffic and convenient access for customers and employees. The property's strategic positioning within the vibrant Wilmington commercial landscape offers significant advantages for businesses seeking a strong foothold in a thriving market. The asking price of $740,000 represents a compelling value proposition considering the property's size, location, and potential for future growth. This is an ideal opportunity for entrepreneurs and investors seeking a well-situated commercial space in a desirable North Carolina location. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning and permitted uses are readily available upon request. Don't miss this chance to acquire a valuable asset in a dynamic and growing market. Act quickly, as properties of this caliber in this location are rarely available.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1948
Construction CONCRETE
Total area 1,796 SF
Lot 0.14 ac (6,186 SF)
Zoning code UMX
APN R05417-006-004-004
UPID US53-1436765

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

501 Greenfield St Wilmington, NC 28401-6225
Wilmington metro Census 11000 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$870k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$785k

Owner & transaction history

since 2025
Last sale
$720,000
2 recorded transactions
2025
$720,000
2023
Price N/A

Zoning & alternative use

UMX · Wilmington, NC
Zoning description

ustrial District. Sec. 18-200. - AI, Airport Industrial District. Sec. 18-201. - CEM, Cemetery District. Sec. 18-202. - RFMU, Riverfront Mixed Use District. Sec. 18-203. - RO, Residential Office District. Sec. 18-204. -…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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