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    3951 Market St Wilmington, NC 28403

    For Lease
    $19 SF/Yr ($1,699 /Mo)

    Newly renovated office space near Market St and ILM airport.

    Property size:
    1,037 SF
    Lot size:
    1.65 Acres

    Property Features for 3951 Market St

    General Information

    Size
    1,037 SF
    Lot size
    1.65 Acres

    Source: Coastal Properties Agent Penelope Ellerson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Office Space Available

    This professional office space offers a total of 1037 square feet on the first floor. The layout includes a reception or open office area, three private offices, a break room equipped with a fridge and microwave, two restrooms, and three closets. The property is conveniently located near shopping on Market Street and in close proximity to the ILM airport. The landlord covers building insurance, taxes, and POA fees. The tenant is responsible for janitorial services, liability insurance, utilities, pest control, and cable or internet services. This is a newly renovated office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bridges of Wilmington LLC Social Services Organization Robert's salón unisex Barber Shop

    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
    -77.89666
    Latitude
    34.242287

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    FAQs

    What type of property is this?
    Office space - Newly renovated office space near Market St and ILM airport.
    Where is this office space located?
    The property is located at 3951 Market St Wilmington, NC.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Newly renovated 1037 Sq. Ft. first-floor office space.; - Landlord pays building insurance, taxes, and POA fees.; - Includes reception/open office area, 3 private offices, break-room, 2 restrooms, and 3 closets.
    (910) 515-0748
    Request Owner's contact information
    3951 Market St Wilmington, NC 28403
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    Wilmington, NC 28403
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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
    3951 Market St Wilmington, NC 28403
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