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3511 North College Road
Wilmington, NC 28405
Asking Price
$900K
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 0.98 acres <ul><li>.978 Acres</li><li>242 Feet Of Frontage On North College Road</li><li>Zoned Planned Development (PD)</li><li>Subject To 30’ Drainage And Utility Easement In Front</li><li>Subject To 20’ Landscape Easement Along Northchase Parkway</li><li>CFPUA Water And Sewer Available</li><li>Tax Parcel ID: R02611-008-001-000</li><li>Across The Street From The New Northchase Library</li><li>New Hanover County Deed Book 6450, Page 1031</li><li>Shown As “Future Development 42,626 S.F.” On A Map
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NOI
$80,000
Cap Rate
8.89%
DSCR
1.50
Strong
Cash-on-Cash
9.84%
Monthly Payment
$4,452.709
Annual Cash Flow
$26,567.493
