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    404 N 3Rd St, Unit unit 110 & 101 Wilmington, NC 28401

    • Office buildings
    • 7,020 SF
    • 0.32 lot acres
    For Lease
    View listing
    $545 /Mo
    Value Estimation
    Location Intelligence
    Property ID
    US53-5675664
    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

    • Rising Tide Pictures / Video Production Service
    • Specialty Software Systems, Inc. / Software Company
    • Robert Louis Armstrong Personal Injury Attorney / Attorney / Legal Services
    • Trifoli Insurance Group / Insurance Agency
    • Wright Criminal Defense / Attorney / Legal Services

    Property Details for 404 N 3Rd St

    Year built
    1952
    Construction
    STEEL & CONCRETE
    Lot size
    0.32 lot acres
    Property size
    7,020 SF
    Zone code
    CBD,CENTRAL BUS DIST
    Property type
    Office buildings
    APN
    R04813-032-004-000
    APU
    R04813032004000

    Description

    This exceptional 200-square-foot executive office space, located at 404 N 3rd St, Wilmington, NC 28401, is perfect for startups and independent professionals. Situated in a two-story, 1952-built building in Wilmington's vibrant Central Business District (CBD), this single-tenant space offers a blend of convenience and style. The building features 11 first-floor private offices and three currently available on the second floor, all offering a variety of layouts to suit individual needs. Amenities include shared conference space, on-site asphalt parking, 24/7 access, a convenient kitchenette, high-speed internet access, and a dedicated mailbox. The property's central location places you within easy walking distance of numerous restaurants, shops, and the scenic Wilmington Riverwalk. No long-term lease commitment is required, offering flexibility for your business needs. The building is zoned for CBD use and is easily accessible via Walnut Cross Street. This is an unparalleled opportunity to establish your business in a thriving downtown Wilmington location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.9462
    Latitude
    34.2404
    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
    $0.00
    $390,500
    $515,700
    $906,200
    -
    $390,500
    $515,700
    $906,200

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      Downtown Wilmington Class-A Office Space

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    Wilmington, NC 28401
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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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