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    5504 Business Dr Wilmington, NC 28405

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    For Lease
    $17 SF/Yr ($3,550 /Mo)

    2400 SF office building with well-designed layout available for rent.

    Property size:
    2,400 SF
    Lot size:
    1.99 Acres

    Property Features for 5504 Business Dr

    General Information

    Size
    2,400 SF
    Lot size
    1.99 Acres

    Source: Maus, Warwick, Matthews & Co. Agent Steve Warwick

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

    Overview

    Freestanding Office Building For Rent

    This is a 2400 SF freestanding building located on the main entrance to Murreyville Business Park. The building features a circular hallway and reception area, along with 8 to 10 offices, a conference room, and a breakroom. It also includes two bathrooms, one of which has a shower, as well as a computer room and a phone closet for internet and phone wiring. The space will be available for a new tenant in the spring. The property is currently owner-occupied and is located directly behind Gray Interiors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Merchant Technologies Software Company I&I International K-9 ... Animal Rescue Service HKS Quality Remodeling ... Kitchen Remodeler HKS Cleaning, LLC Cleaning Service Apex Companies LLC Environmental Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -77.8721554
    Latitude
    34.2835778

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    FAQs

    What type of property is this?
    Office building - 2400 SF office building with well-designed layout available for rent.
    Where is this office building located?
    The property is located at 5504 Business Dr Wilmington, NC.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Freestanding 2400 SF building at the main entrance to Murreyville Business Park.; - Well-laid-out interior with circular hallway and reception area.; - Includes 8-10 offices, a conference room, and a breakroom.
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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
    5504 Business Dr Wilmington, NC 28405
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