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    3101 Princess Place Dr Wilmington, NC 28405

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    For Sale
    $700,000

    Community business zoned property ideal for various ventures.

    Property size:
    3,598 SF
    Lot size:
    0.31 Acres

    Property Features for 3101 Princess Place Dr

    General Information

    Size
    3,598 SF
    Lot size
    0.31 Acres

    Source: Berkshire Hathaway HomeServices Carolina Premier Properties Agent Lynn Harris

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

    Overview

    Versatile Commercial Property Near Medical Clinic

    This property, zoned for community business, is located on Princess Place Drive, adjacent to the Novant Michael Jordan Medical Clinic currently under construction. The property offers 3,598 heated square feet and was previously used as a daycare licensed for 84 children. It features a full commercial kitchen, and all FF&E will convey with the sale. The layout includes classrooms, offices, and recreational areas. Parking is available, along with a fenced outdoor space suitable for play or community events. This property is ideal for a food truck commissary, hospitality, residential group home, community center, kennel, rehab facility, educational facility, medical and professional offices, and other allowable uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Day care centers

    Suggested Use

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

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

    Similar Places Nearby

    The Learning Center, Busy Bee Christian Child Care, Kings Kids

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.9053719
    Latitude
    34.2441699

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    FAQs

    What type of property is this?
    Day care center - Community business zoned property ideal for various ventures.
    Where is this day care center located?
    The property is located at 3101 Princess Place Dr Wilmington, NC.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Community Business (CB) zoning offers a wide range of potential uses.; - Located adjacent to the Novant Michael Jordan Medical Clinic.; - Includes a **full commercial kitchen with all FF&E conveying**.
    (910) 520-1180
    Request Owner's contact information
    3101 Princess Place Dr 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
    3101 Princess Place Dr Wilmington, NC 28405
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