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    Property profile & analytics

    3205 Kitty Hawk Rd Wilmington, NC 28405

    • Commercial real estate
    • 15,000 SF
    • 1.26 lot acres
    For Sale
    View listing
    $2,600,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-1151484
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Brock Cabinets, Inc. / Cabinet Store
    • Jordan Jones / Speech Pathologist
    • Lindsay Wheeler / Speech Pathologist
    • Amy Crocker / Speech Pathologist

    Property Details for 3205 Kitty Hawk Rd

    Year built
    2006
    Lot size
    1.26 lot acres
    Property size
    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $455,000
      6.5%
      $445,000
      7%
      $410,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $485,000
      Geo Method
      $470,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $480,000
      Retail
      $410,000
      Mixed-Use
      $475,000
      Hospitality
      $370,000
      Educational
      $430,000
      Residential Income
      $380,000
      Energy
      $455,000
      Income-Based Land
      $405,000
      Food Service
      $350,000

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.9038
    Latitude
    34.2944
    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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    3205 Kitty Hawk Rd
    Wilmington, NC 28405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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