Midtown Wilmington Office Building

Office for Sale
Catylist Listing ID: 30150831
Property Subtypes: Office Building
Building Size (RSF): 3,700 SF
Gross Land Area: 18,295 SF
Sale Price: $314,500
Unit Price: $85 PSF
Ceiling: 8 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: 4910 Randall Parkway
Class of Space: Class B
Usable Size (USF): 3,700 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/20/2018

Overview / Comments

This office building is located in midtown Wilmington just a few blocks from UNCW and convenient to everything. There are 13 offices on the first floor plus reception area, receptionist office, and 2 bathrooms. Upstairs there are 3 offices and a landing / open area at the top of the stairs. The configuration of the building would allow for occupancy by several tenants if so desired. There are 11 paved parking spaces in the front and a gravel lot in the back that can hold about 6 cars. Built in shelves and desks enhance several of the offices. A few of the spaces are leased on a month to month basis. Bring your business here and/or lease out some/ all of the space.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: Wilmington
Tax ID/APN: 313712.87.0263.000
Zoning: O&I
Property Located Between: College Rd at UNCW and Kerr Ave
Highway Access: I-40 approximately 4 miles,
Airports: ILM - 5.2 miles
Site Description: Located on a well traveled road, building has 11 paved parking spots and a gravel lot in the back. Property has mature trees around it
Area Description: Office buildings and student housing in the immediate vicinity. UNCW is just a few blocks away
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1983
Roof Type: Gable
Construction/Siding: Stucco
Exterior Description: stucco building with covered front porch area, paved parking lot in front, gravel lot in back, trees primarily surrounding the property
Parking Ratio: 4.5 (per 1000 SF)
Parking Type: Surface
Parking Description: 11 paved spaces, including 1 handicap, gravel lot in back can hold about 6 cars
Total Parking Spaces: 17
Heat Type: Electricity
Heat Source: Central, Heat Pump
Air Conditioning: Other
Interior Description: 13 offices, a lobby, 2 bathrooms, and receptionist office downstairs. 3 offices and a landing area atop stairs
Zoning Description: O&I - Wilmington
Lot Frontage: 100 feet
Lot Depth: 185 feet
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: owned
Legal Description: (0.42A) ADJ COLLEGE PARK

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,230 74,716 140,381
Median Age: 24.8 34.21 36.87
Households: 7,058 32,355 60,544


Photograph of Listing Agent

Kenneth Fisher, III

RE/MAX Essential NCCMLS Member
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