1200 Castle Hayne RdWilmington, NC 28401

  • Industrial properties
  • 130,731 SF
For Lease
$1/SF/YR View listing

Property Details for 1200 Castle Hayne Rd

Year built
1951
Construction
CONCRETE
Lot size
18.02 AC
Property size (Sq ft)
130,731 SF
Zone code
I-2,INDUSTRIAL DISTRICT
Property type
Industrial properties
Property subtype
Other warehouses
APN
R04100-005-015-000
APU
R04100005015000

Description

This exceptional two-acre vacant land parcel, identified by APN R04100-005-015-000 in New Hanover County, presents a unique opportunity for industrial users. Zoned I-2, this property offers significant flexibility for various uses. The site boasts ample space, ranging from 43,560 to 130,680 square feet, ideal for outdoor storage, laydown yards, or similar operations. Its location provides convenient access for trucks and heavy equipment, making it an attractive option for businesses requiring substantial storage or staging areas. The property is suitable for accommodating trailers, trucks, and heavy equipment, offering a secure and spacious solution for your operational needs. The multiple tenancy designation allows for flexible lease arrangements. This is a rare opportunity to secure a substantial industrial lot in a desirable location. The property is ready for immediate occupancy. Contact for showing. The total building suites is one.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $36,271,040
    Hospitality
    $33,224,080
    Educational
    $27,642,044
    Medical
    $28,592,696
    Retail
    $42,998,736
1200 Castle Hayne Rd, Wilmington, North Carolina

Location Insight

City
Wilmington
County
New Hanover
State
North Carolina
Latitude
34.2598
Longitude
-77.9358
CBSA code
48900
CBSA name
WILMINGTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$23,769
$552,200
$2,533,300
$3,085,500
-
$552,200
$2,533,300
$3,085,500

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