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    34 Covil Ave Wilmington, NC 28403

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    For Sale
    $1,350,000

    Professional office space in central Wilmington with ample parking.

    Property size:
    3,832 SF
    Lot size:
    0.53 Acres

    Property Features for 34 Covil Ave

    General Information

    Size
    3,832 SF
    Lot size
    0.53 Acres

    Source: BlueCoast Commercial, LLC Agent Steve Hall

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

    Overview

    Wilmington Office Building For Sale

    This office building at 34 Covil Avenue, Wilmington, offers approximately 3,832 square feet of space, suitable for various professional users, including medical, financial, or service-oriented firms. The functional layout includes 13 private offices, 2 conference rooms, 3 kitchenette areas, and an open reception area. Ample on-site parking is available. The property is located just off Market Street and Independence Boulevard, providing accessibility to downtown Wilmington, Mayfaire, and Wrightsville Beach, placing it near the city’s major commercial corridors. This central Wilmington location offers easy access to major arteries and is move-in ready.
    Insight Report Location Intelligence

    Current Use by Public Records

    Sheally Insurance Group Insurance Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon 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
    -77.9047797
    Latitude
    34.2387501

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    FAQs

    What type of property is this?
    Office building - Professional office space in central Wilmington with ample parking.
    Where is this office building located?
    The property is located at 34 Covil Ave Wilmington, NC.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Prime central Wilmington location with easy access to major commercial areas and transportation; - ±3,832 RSF of professional office space suitable for medical, financial, or service-oriented firms; - Functional layout featuring 13 private offices, 2 conference rooms, 3 kitchenette areas, and an open reception area
    (910) 279-3227
    Request Owner's contact information
    34 Covil Ave Wilmington, NC 28403
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    Wilmington, NC 28403
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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
    34 Covil Ave Wilmington, NC 28403
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