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    5019 Carolina Bch Rda Wilmington, NC 28412-7841
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    Property profile & analytics

    5019 Carolina Bch Rda Wilmington, NC 28412-7841


    • Warehouses
    • 9,600 SF
    • 3.92 lot acres
    Off-Market
    Property ID
    US53-2110881
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,605,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • BMT Micro / (Bike/Boat/Book/etc) Store / Corporate Office
    • Paradise Lawn & Landscape / Landscaping / General Contractor
    • Monkey Junction Crossfit / Gym & Fitness Center
    • Junction Warehouse Center / Storage Facility
    • SF Ballou Pool Division / Swimming Pool / Hardware & Home Improvement

    Property Details for 5019 Carolina Bch Rda

    Year built
    1982
    Construction
    STEEL FRAME
    Lot size
    3.92 lot acres
    Property size
    9,600 SF
    Zone code
    B-2,BUSINESS DISTRICT
    Property type
    Warehouses
    APN
    R07100-003-026-000
    APU
    R07100003026000

    Description

    This exceptional flex space, located at 5019 Carolina Beach Road, Unit B, in the vibrant Monkey Junction submarket of New Hanover County, presents a unique investment opportunity. The property boasts a total of 34,040 square feet across six single-story buildings, situated on a generous 3.93-acre lot. Currently, 6,250 square feet of retail space is available for lease, offering immediate occupancy. Built in 1982 and renovated in 1985, the property is classified as Class B and benefits from a prominent 210-foot frontage on Carolina Beach Road, a high-traffic artery with an average daily traffic count of 33,500 vehicles. The B-2 zoning designation by New Hanover County allows for a diverse range of commercial uses, providing flexibility for potential tenants. The property's location within the thriving Monkey Junction area ensures high visibility and accessibility. The parcel's APN is R07100-003-026-000. This is an excellent opportunity to secure a well-located, versatile commercial space in a rapidly growing area. The available space offers significant potential for a variety of businesses seeking a high-traffic location with ample space and convenient access. The property's existing infrastructure and flexible zoning make it an ideal choice for a range of commercial ventures.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,980,000
      6.5%
      $1,830,000
      7%
      $1,700,000
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,370,000
      Current use
      RETAIL STORES
      $2,620,000
      Change: +11% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $2,180,000
      Change: -8% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.9015
    Latitude
    34.1503
    CBSA code
    48900
    CBSA name
    WILMINGTON, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $18,469
    $1,532,400
    $1,656,800
    $3,189,200
    -
    $1,532,400
    $1,656,800
    $3,189,200
    More about this property
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