3205 Kitty Hawk RdWilmington, NC 28405

  • Commercial real estate
  • 15,000 SF
For Sale
$2,600,000 View listing

Property Details for 3205 Kitty Hawk Rd

Year built
2006
Lot size
1.26 AC
Property size (Sq ft)
15,000 SF
Zone code
I-2,INDUSTRIAL DISTRICT
Property type
Commercial real estate
APN
R03400-001-040-000
APU
R03400001040000

Description

This exceptional commercial property, located at 3205 Kitty Hawk Road in Wilmington, North Carolina, presents a unique investment opportunity. The property encompasses a substantial 1.26-acre lot, providing ample space for expansion or future development. The existing building offers 3,000 square feet of usable space, ideal for a variety of commercial ventures. Its strategic location in Wilmington offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving market. The property's versatility allows for diverse uses, catering to a wide range of commercial needs. Given the size of the lot and the building's square footage, this property is well-suited for businesses requiring significant space and potential for growth. The asking price of $2,600,000 reflects the property's prime location, substantial size, and development potential. Serious inquiries are encouraged to explore the possibilities this exceptional commercial property offers. Further details regarding zoning and permitted uses are available upon request. This is a rare opportunity to acquire a significant commercial property in a desirable Wilmington location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,161,718
    Hospitality
    $3,812,112
    Educational
    $3,171,632
    Medical
    $3,280,710
    Retail
    $4,933,650

Location Insight

City
Wilmington
County
New Hanover
State
North Carolina
Latitude
34.2944
Longitude
-77.9038
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
2023
$8,580
$189,800
$1,353,900
$1,543,700
-
$189,800
$1,353,900
$1,543,700

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