501 Greenfield St Wilmington, NC 28401
- Gas stations
- 1,796 SF
- 0.14 lot acres
Current Use by Public Records
- Greenfield Alignment / Wheel Alignment Service / Brake Shop
Property Details for 501 Greenfield St
- Year built
- 1948
- Construction
- CONCRETE
- Lot size
- 0.14 lot acres
- Property size
- 1,796 SF
- Zone code
- UMX
- Property type
- Gas stations
- APN
- R05417-006-004-004
- APU
- R05417006004004
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $785,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $795,000
- 6.5%
- $840,000
- 7%
- $870,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $870,000
- Geo Method
- $860,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $685,000
- Retail
- $720,000
- Mixed-Use
- $740,000
- Hospitality
- $760,000
- Educational
- $695,000
- Residential Income
- $625,000
- Energy
- $760,000
- Income-Based Land
- $740,000
- Food Service
- $705,000
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.9408
- Latitude
- 34.2171
- CBSA code
- 48900
- CBSA name
- WILMINGTON, NC METROPOLITAN STATISTICAL AREA
