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    Property profile & analytics
    OFF-MARKET Estimated value $1,555,000
    Strip malls

    6331 Carolina Bch Rd, Wilmington, NC 28412-2892

    14,290 SF 1.36 ac lot Built 2004
    Individually Owned 18-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US53-5428274
    Property summary
    AI-generated overview

    This exceptional 14,443 square foot retail property, situated on Carolina Beach Road in Wilmington, North Carolina, presents a significant leasing opportunity. The single-story, Class B building, constructed in 2004, sits on a one-acre lot and is zoned B-2 by New Hanover County, allowing for a diverse range of commercial uses. Currently, there is 9,000 square feet of vacant space available for lease within this multi-tenant strip center. The property's prime location on Carolina Beach Road ensures high visibility and accessibility for potential tenants. With its ample square footage and flexible zoning, this property is ideal for businesses seeking a prominent presence in a thriving Wilmington commercial district. The building features a single story and is part of a larger 14,443 square foot complex. The property's address is 6331 Carolina Beach Rd, Wilmington, NC 28412. This presents a unique chance to establish or expand a business in a high-traffic area with significant growth potential. The property's convenient location and flexible zoning make it an attractive option for a variety of retail businesses.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2004
    Construction STEEL FRAME
    Total area 14,290 SF
    Lot 1.36 ac (59,024 SF)
    Zoning code B-2,BUSINESS DISTRICT
    APN R07900-003-108-000
    UPID US53-5428274
    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
    Current use
    Occupant on record · Public records
    • Kinetico Advanced Water Systems of Wilmington Home Appliance Store Hardware & Home Improvement
    • Advanced Water Systems of Wilmington Home Appliance Store Hardware & Home Improvement
    • Angus Grill Restaurant
    • Cape Fear Bedding & Mattress Furniture & Home Goods
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.56M
    Owner & transaction history
    Johnson Family Alpha · 18 yrs held
    Johnson Family Alpha
    since 2008
    2 recorded transactions
    2008
    $1.0M
    2006
    Zoning & alternative use
    B-2,BUSINESS DISTRICT · Wilmington, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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