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    1984 S 16Th St Wilmington, NC 28401

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    For Lease
    $22 SF/Yr ($7,883 /Mo)

    Freestanding building with ample parking and flexible space options.

    Property size:
    4,300 SF
    Lot size:
    1.21 Acres

    Property Features for 1984 S 16Th St

    General Information

    Size
    4,300 SF
    Lot size
    1.21 Acres

    Source: Coastal Realty Co. Agent Carlton Fisher

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

    Overview

    Freestanding Building on 16th Street

    This freestanding building is located on 16th Street, across from Hardee's, and offers ample parking. The property provides the option to lease the entire 4,300 square feet or to divide it into two units: one of 1,350 square feet and another of 2,950 square feet. A floor plan is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kassens Catherine H ... Dermatologist

    Suggested Use

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

    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
    -77.9260337
    Latitude
    34.2104537

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    FAQs

    What type of property is this?
    Office building - Freestanding building with ample parking and flexible space options.
    Where is this office building located?
    The property is located at 1984 S 16Th St Wilmington, NC.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Freestanding building on 16th Street; - Option to lease entire 4300 sq ft; - Divisible into units of 1350 sq ft and 2950 sq ft
    (910) 763-5411
    Request Owner's contact information
    1984 S 16Th 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
    1984 S 16Th St Wilmington, NC 28401
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