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    115 North 3Rd St Wilmington, NC 28401

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    For Lease
    $25 SF/Yr

    Class-A office building with parking in downtown Wilmington, NC.

    Property size:
    15,822 SF
    Lot size:
    0.66 Acres

    Property Features for 115 North 3Rd St

    General Information

    Size
    15,822 SF
    Lot size
    0.66 Acres

    Source: Cape Fear Commercial, LLC Agent Julia Eckel

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

    Overview

    Downtown Wilmington Class-A Office Space

    This Class-A office building, offering approximately 50,765 square feet, is available for lease in downtown Wilmington, NC. Located at the corner of N 3rd Street and Chestnut Street, the property benefits from high visibility and accessibility. The building is being leased with an adjacent surface parking lot, providing convenient parking. Situated in the heart of downtown Wilmington, 115 N Third Street is within walking distance of downtown restaurants, retailers, service providers, and several new mixed-use and residential projects. Please refer to the marketing brochure for availability information.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brooks Pierce Law Firm Deltacom Telecommunications Nationwide Insurance: McGriff ... Insurance Agency Homes For Sale Wilmington Real Estate Agency RE/MAX Executive Real Estate Agent

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Law Firm Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    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
    -77.9466292
    Latitude
    34.2375578

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    FAQs

    What type of property is this?
    Office building - Class-A office building with parking in downtown Wilmington, NC.
    Where is this office building located?
    The property is located at 115 North 3Rd St Wilmington, NC.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Class-A office building with ± 50,765 SF of space.; - Prime downtown Wilmington location at the corner of N 3rd Street and Chestnut Street.; - Adjacent surface parking lot included in the lease.
    (910) 899-6660
    Request Owner's contact information
    115 North 3Rd St Wilmington, NC 28401
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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
    115 North 3Rd St Wilmington, NC 28401
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