6504 Market St, Wilmington, NC 28405-3733
This exceptional 1,420 square foot retail property at 6504 Market Street in Wilmington, North Carolina (zip code 28405), offers a unique investment opportunity. Situated on a nearly half-acre lot, this single-tenant space previously served as a car dealership, making it ideally suited for a similar business. The property boasts a highly visible location within Wilmington's established auto dealership district, ensuring high traffic volume and excellent exposure to Market Street's daily commuters. Ample signage opportunities exist, both on the building itself and via a roadside marquee, maximizing brand visibility. The existing layout is readily adaptable for various automotive-related uses, including used car dealerships, auto repair shops, detailing services, or car rental agencies. However, the versatile space could also accommodate other commercial ventures. Easy access from Market Street ensures convenient customer access, contributing to increased foot traffic and sales potential. This property presents a compelling chance to establish or expand a business within a thriving commercial hub. The location's strategic placement within the heart of Wilmington's auto dealership district provides a significant competitive advantage.
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T & G Value Center - Automotive dealership Car Dealership
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Mike Griffin's Auto Sales Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RB,REGIONAL BUSINESS · Wilmington, NCWilmington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.