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    111 Princess St Wilmington, NC 28401

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    For Lease
    $7,000 /Mo ($27 SF/Yr)

    Office space in downtown Wilmington, near major hubs.

    Property size:
    3,023 SF
    Lot size:
    0.07 Acres

    Property Features for 111 Princess St

    General Information

    Size
    3,023 SF
    Lot size
    0.07 Acres

    Source: Cape Fear Commercial, LLC Agent Spruill Thompson

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

    Overview

    Downtown Wilmington Office Space Available

    This approximately 3,023 square foot office space is located on Princess Street between N Front and 2nd Street in downtown Wilmington. The location provides accessibility to major downtown hubs, eateries, and throughways. The flexible floorplan includes multiple private offices, two larger partner offices, public workspaces or libraries, and an open area suitable for a conference room.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Zimmer Development Company Real Estate Developer

    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
    -77.948166
    Latitude
    34.23674

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    FAQs

    What type of property is this?
    Office space - Office space in downtown Wilmington, near major hubs.
    Where is this office space located?
    The property is located at 111 Princess St Wilmington, NC.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: - Supreme downtown Wilmington location on Princess Street.; - Flexible 3,023 SF floorplan.; - Accessible to major downtown hubs, eateries, and throughways.
    (910) 431-8280
    Request Owner's contact information
    111 Princess St 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
    111 Princess St Wilmington, NC 28401
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