363 Metro CirWilmington, NC 28401
- Industrial properties
- 1.46 AC
Property Details for 363 Metro Cir
- Lot size
- 1.46 AC
- Property type
- Industrial properties
- Property subtype
- Other land
Description
This exceptional 1.46-acre industrial land parcel, located at 363 Metro Cir, Wilmington, NC 28401, presents a compelling investment opportunity. Currently zoned I-2, the property boasts convenient access to US Hwy 421 and the I-140 interchange, ensuring excellent logistical advantages. The land is currently leased to Ferrell Gas, with the lease expiring in May 2027. Existing improvements are in place for the tenant's use, and the property is fully fenced, providing security and defined boundaries. The lot size is 1.46 acres, and the asking price is $365,000, representing a pro-forma cap rate of 6.50%. The property's APN is R03200-002-028-000, situated in New Hanover County. This offering presents a solid investment prospect with a stable tenant and strategic location. Serious inquiries are encouraged
Location Insight
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Latitude
- 34.2902
- Longitude
- -77.9772
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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