2019 Capital DrWilmington, NC 28405

Property Details for 2019 Capital Dr

Year built

1998

Property size (Sq ft)

4,980 SF

Zone code

I-1,INDUSTRIAL DISTRICT

Property type

Commercial real estate

APN

R03400-003-024-001

APU

R03400003024001

Description

This exceptional new construction flex/R&D property, located at 2019 Capital Dr Unit 3, Wilmington, NC 28405, offers 4,980 square feet of versatile space within the Murrayville Station Business Park. The single-story building, completed in 2024, boasts a clear span design and impressive 20-foot ceiling heights, ideal for various industrial and research & development uses. The property is divisible into two 2,490 square foot units, each featuring two 14' x 14' roll-up doors. The building shell is complete and ready for tenant improvements. A standard build-out for each unit includes a lobby/office area and an ADA-compliant restroom. Custom build-outs are available with pricing determined on a case-by-case basis. Situated on a 0.12-acre lot, this property is zoned I-1 and features a convenient location in New Hanover County. The asking price is $996,000. APN: R03400-003-046-000. This presents a unique opportunity for businesses seeking modern, adaptable space in a thriving Wilmington location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,368,070

  6.5%

  $1,262,840

  7%

  $1,172,630

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,318,310

  Geo Method

  $1,143,110

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,730,360

  Retail / Commercial

  $1,352,320

  Mixed-Use / Specialty

  $1,309,840

  Hospitality / Lodging

  $911,958

  Office

  $1,262,840

  Institutional / Educational

  $1,348,250

  Residential Income

  $1,577,450

  Multifamily

  $2,100,690

  Automotive / Energy

  $1,155,640

  Parking / Income-Based Land

  $436,005

  Restaurant / Food Service

  $600,886

  Healthcare / Senior Housing

  $1,381,840

Location Insight

City

Wilmington

County

New Hanover

State

North Carolina

Latitude

34.2833

Longitude

-77.875

CBSA code

48900

CBSA name

WILMINGTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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