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112 N College Rd

41,452 SF Industrial Building Wilmington, NC 28405 $6,498,540 CAD ($157 CAD/SF)

Warehouses North Carolina Wilmington 112 N College Rd, Wilmington, NC 28405

Investment Highlights

  • Redevelopment Opportunity | 4.53 acres

Executive Summary

Incredible redevelopment opportunity in Wilmington, NC, with fantastic road-frontage on two of Wilmington’s busiest roads. Currently the property is leased until 5/31/25 with no extensions.

4.53 Acres
1000+ Ft. Road Frontage
Future Land Use emphasizes Employment / Academic Center & Live/Work Innovation Zone
Phase I and Phase II Environmental reports complete
Full Assemblage includes four properties all owned by one party
IND (General Industry) and RB (Regional Business) Zoning

Attachments

112 N College Rd - Final
Building Diagram - 112 N College Road

Property Facts

Price $6,498,540 CAD Lot Size 2.50 AC
Price Per SF $157 CAD Rentable Building Area 41,452 SF
Sale Type Investment No. Stories 1
Sale Conditions Redevelopment Project Year Built 1971
Property Type Industrial Tenancy Single
Property Subtype Warehouse Parking Ratio 0.72/1,000 SF
Building Class C No. Drive In / Grade-Level Doors 2
Price $6,498,540 CAD
Price Per SF $157 CAD
Sale Type Investment
Sale Conditions Redevelopment Project
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 2.50 AC
Rentable Building Area 41,452 SF
No. Stories 1
Year Built 1971
Tenancy Single
Parking Ratio 0.72/1,000 SF
No. Drive In / Grade-Level Doors 2
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112 N College Rd, Wilmington, NC - aerial map view - Image1
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112 N College Rd, Wilmington, NC - aerial map view - Image4

PROPERTY TAXES

Parcel Number R04912-003-002-000 Improvements Assessment $1,645,366 CAD
Land Assessment $1,183,575 CAD Total Assessment $2,828,941 CAD

PROPERTY TAXES

Parcel Number
R04912-003-002-000
Land Assessment
$1,183,575 CAD
Improvements Assessment
$1,645,366 CAD
Total Assessment
$2,828,941 CAD

zoning

Zoning Code IND (General Industry)
IND (General Industry)
(919) 263-2550

Contact

  • Listing ID: 34097159

  • Date on Market: 2024-12-05

  • Last Updated:

  • Address: 112 N College Rd, Wilmington, NC 28405

The Industrial Property at 112 N College Rd, Wilmington, NC 28405 is currently available for sale. Contact MidStreet Realty, Inc. for more information.

Industrial PROPERTIES IN NEARBY NEIGHBORHOODS

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112 N College Rd
(919) 263-2550 x

112 N College Rd

Erik Sullivan

(919) 263-2550

(919) 263-2550

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