232 Causeway DrWrightsville Beach, NC 28480

Property Details for 232 Causeway Dr

Year built

2001

Construction

WOOD FRAME

Lot size

0.57 AC

Property size (Sq ft)

12,130 SF

Zone code

C-3,COMMERCIAL

Property type

Office properties

Property subtype

Office buildings

APN

R05719-004-003-000

APU

R05719004003000

Description

This exceptional 1,232 square foot office space at 232 Causeway Drive, Unit 1C, Wrightsville Beach, is immediately available for single-tenant occupancy. The property boasts a highly desirable location, offering unparalleled convenience and accessibility. The interior features three private offices, a dedicated conference room, a welcoming reception area, and ample storage space. Modern amenities include air conditioning, central heating, and drop ceilings. Enjoy the added benefit of a private balcony. On-site parking is available, including both surface and covered options. Excellent signage opportunities are also available. This property's prime location places it within walking distance of several popular restaurants, including Mellow Mushroom, Poe's Tavern, and Drift Coffee and Cafe, with Blue Water Waterfront Grill a short walk further. The beach is a mere 3-minute drive away, and major shopping centers like Lumina Station and Mayfaire Town Center are easily accessible within a short drive. The Wilmington International Airport is approximately a 22-minute drive from the property. This is a rare opportunity to secure a well-appointed office space in a thriving coastal community. Don't miss out!

• CAP approach

  CAP return

  Valuation

  6%

  $2,940,239

  6.5%

  $2,714,067

  7%

  $2,520,205

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,211,072

  Geo Method

  $2,784,320

• Alternative Use

  Use

  Valuation

  Residential

  $3,365,443

  Hospitality

  $3,082,728

  Educational

  $2,564,793

  Medical

  $2,653,000

  Retail

  $3,989,678

Location Insight

City

Wrightsville Beach

County

New Hanover

State

North Carolina

Latitude

34.2151

Longitude

-77.8083

CBSA code

48900

CBSA name

WILMINGTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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