Property profile

5300 RINGO DR Wilmington, NC 28405

OFF-MARKET
Vacant Land
Property ID
US53-1689826
0.63 ac lot
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Property summary

AI-generated overview

The property is a build-to-suit commercial development site on a 0.63-acre parcel located at the corner of Ringo Drive and Cando Street, functioning as a rear entrance to S&H Centre (a shopping center anchored by Costco and Academy Sports). The site is positioned to provide access through signalized intersections reached via Ringo Drive to College Road and via cross access to Market Street, supporting interconnectivity to Market and College as well as nearby apartment developments. Development plans contemplate a single standalone building with a drive-through, with options for a 3,800 to 6,000 square foot floor plan; configurations also include a multi-story concept for office over retail and an option for a general retail use building. Proposed site plans are available for multiple layout alternatives, and the project is subject to use restrictions and restricted covenants as outlined in attached documents.

Property profile

Verified
Property type Vacant Land
Lot 0.63 ac (27,443 SF)
APN R04912-002-034-000
UPID US53-1689826

Cap rate & NOI

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

Location

5300 RINGO DR Wilmington, NC 28405
Wilmington metro
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Value estimations

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Owner & transaction history

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