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    108 Kerr Ave Wilmington, NC 28405

    Sponsored
    For Sale
    $210,000

    972 sq ft Office, Prime Location, $210,000

    Property size:
    972 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 972-square-foot office space is ideally situated at 108 N Kerr Avenue, Unit E-2, in the vibrant city of Wilmington, North Carolina. Priced competitively at $210,000, this property presents a compelling investment opportunity. The unit is conveniently located within a well-maintained building, offering easy access to local amenities and major transportation routes. The 0.02-acre lot provides ample space for parking and potential future expansion. The interior of the office space is ready for immediate occupancy, providing a functional and efficient layout suitable for a variety of businesses. The property's location in Wilmington offers a thriving business environment, with a strong local economy and a diverse workforce. This is an excellent chance to acquire a well-positioned commercial property in a desirable area. The asking price reflects the current market value and presents a strong return on investment potential. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers. Don't miss this opportunity to own a piece of Wilmington's thriving commercial landscape. The property is ready for immediate use, minimizing any delays in establishing your business operations. This is a turnkey solution for entrepreneurs and established businesses alike seeking a strategic location in a dynamic market.

    Property Features for 108 Kerr Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    972 SF
    Lot Size
    871 SF

    Building Details

    Year Built
    1986
    Property Profile Location Intelligence

    Current Use by Public Records

    TeamLogic IT Computer Support And Services COLLINS WHOLESALE COMPUTER ... Computer Repair Service LA Portable Toilets Portable Toilet Supplier Bread for Life Senior ... Soup Kitchen Haus of Pretty&Co Beauty Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.88874
    Latitude
    34.24464

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    FAQs

    What type of property is this?
    Office Property / Space - 972 sq ft Office, Prime Location, $210,000
    Where is this office property / space located?
    The property is located at 108 Kerr Ave Wilmington, NC.
    What is the asking price?
    The asking price for this property is $210,000.
    (888) 584-9431
    Request Owner's contact information
    108 Kerr Ave 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
    108 Kerr Ave Wilmington, NC 28405
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