112 North College Road

Prime commercial property for industrial reuse or redevelopment at 112 N. College Road in Wilmington, North Carolina. The property includes an existing +/- 40,000 SF industrial building on +/- 4.5 acres with a superior location providing multiple value paths for an end-user, investor or developer to either capitalize on the current improvements or pursue long-term redevelopment.

REUSE AND REPURPOSING opportunities include:

• Warehouse, distribution, light manufacturing operations or life sciences.

• Contractor service, fleet, or service-oriented commercial uses

• Adaptive reuse for office, flex, or mixed commercial applications

• Interim income or owner-user occupancy while planning redevelopment

REDEVELOPMENT is supported by:

• Four parcels totaling +/- 4.5 acres with substantial depth and 1000+ feet of College Road and 125+ feet Market

Street frontage

• Annual Average Daily Traffic (AADT) counts +/- 40,000 vehicles per day on College Rd AND Market St.

• Dual zoning: General Industrial (IND) and Regional Business (RB) under City of Wilmington Zoning Code.

• Future Land Use designations encouraging employment, academic, and live/work innovation uses

• Ability to phase development by retaining, expanding, or removing existing improvements.