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    Property profile & analytics
    FOR SALE
    Retail space

    7015 Market St, Wilmington, NC 28411

    2,820 SF 0.36 ac lot Built 1995
    Individually Owned 19-yr Hold ~ Est. High Equity
    Property ID
    US53-5716106
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 7015 Market Street in Wilmington, North Carolina, presents a unique investment opportunity. The building boasts a substantial 2,820 square feet of space, offering ample room for a variety of commercial ventures. Situated on a 0.36-acre lot, the property provides ample room for expansion or outdoor use, depending on the intended business. The address, 7015 Market Street, places the property in a high-traffic area of Wilmington, ensuring excellent visibility and accessibility for customers. The asking price is $925,000, reflecting the property's prime location and significant square footage. The property type is classified as "Other," suggesting flexibility in its potential use. This makes it an ideal investment for entrepreneurs and businesses seeking a versatile space in a thriving Wilmington location. The substantial size and desirable location make this property a rare find in the Wilmington commercial real estate market. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning and potential uses are available upon request. Don't miss this chance to acquire a valuable commercial asset in a dynamic and growing city.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1995
    Construction STEEL FRAME
    Total area 2,820 SF
    Lot 0.36 ac (15,682 SF)
    Zoning code B-2,BUSINESS DISTRICT
    APN R04400-002-011-001
    UPID US53-5716106
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Four Seasons Dry Cleaners (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Alvaro Cervantes · 19 yrs held
    Alvaro Cervantes
    since 2007
    1 recorded transaction
    2007
    $450,000
    Zoning & alternative use
    B-2,BUSINESS DISTRICT · Wilmington, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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