730 Sunnyvale Dr, Wilmington, NC 28412-7029
- Office buildings
- 3,450 SF
- 5.59 lot acres
Current Use by Public Records
- Office buildings
Property Details for 730 Sunnyvale Dr
- Year built
- 1968
- Construction
- CONCRETE
- Lot size
- 5.59 lot acres
- Zone code
- IND
- Property type
- Office buildings
- APN
- R06500-007-005-000
- APU
- R06500007005000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 16, 2024 | $1,350,000 | Sunnyvale Property LLC | Old Dominion Freight Line INC | Special Warranty Deed | — |
| Oct 23, 2009 | $432,500 | Seven Twenty Sunnyvale LLC | Yrc INC | Grant Deed | $390k · Crescent State Bank |
| — | — | Yrc INC | — | Deed Of Trust · related | $118.7M · Wilmington Tr Fsb |
| — | — | Yrc INC | — | Deed Of Trust · related | $1,450M · Jp Morgan Chase Bk |
Description
This exceptional 6-acre industrial property at 730 Sunnyvale Drive, Wilmington, NC 28412, presents a unique leasing opportunity. The site boasts a single-tenant occupancy and is ideally situated near the North Carolina State Port, offering unparalleled access to major transportation routes. The property includes a smaller office building situated on 5 of the 6 acres. Previously utilized as an Old Dominion Shipping terminal, this location offers established infrastructure and is zoned for industrial use, making it suitable for a variety of distribution-related businesses. The property is available for lease at a monthly rate of $12,000.00, NNN. This represents a compelling investment opportunity for businesses seeking a strategically located, sizable industrial space in a thriving port city. The property's history as a shipping terminal suggests existing infrastructure that could be advantageous for various industrial operations. Its proximity to the State Port provides significant logistical benefits, reducing transportation costs and improving efficiency. The 5-acre portion with the existing office building offers immediate workspace, while the additional acre provides ample space for expansion or outdoor storage. This is a rare chance to secure a prime industrial property in a high-demand area. The property's zoning ensures compliance and facilitates a smooth transition for prospective tenants. Interested parties are encouraged to inquire further to explore the full potential of this exceptional industrial site.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,350,000
- ML approach
- $1,350,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,269,000
- AI Estimate
- $861,000
Market price range: $681k - $1.71MMarket price range: $241k - $1.06M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,120,000 Current use
- MEDICAL BUILDING
- $1,045,000 Change: -7% Conversion: Easy
- AUTO REPAIR, GARAGE
- $985,000 Change: -12% Conversion: Difficult
- RETAIL STORES
- $940,000 Change: -16% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.9403
- Latitude
- 34.173
- CBSA code
- 48900
- CBSA name
- WILMINGTON, NC METROPOLITAN STATISTICAL AREA
