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    7242 Wrightsville Ave Wilmington, NC 28403

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    For Lease
    $36 SF/Yr ($11,309 /Mo)

    Three-story office building with gated parking near Wrightsville Beach.

    Property size:
    3,712 SF
    Lot size:
    0.28 Acres

    Property Features for 7242 Wrightsville Ave

    General Information

    Size
    3,712 SF
    Lot size
    0.28 Acres

    Source: Cape Fear Commercial, LLC Agent Julia Eckel

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

    Overview

    Modern Office Space Available

    Constructed in 2016, this property features a total of three floors connected by a common stairwell. The available second and third floors include four offices, large open work areas, breakrooms, and in-suite restrooms. A shower is located on the second floor. The property offers gated entry and parking. Situated at the foot of the Wrightsville Beach drawbridge, the location experiences an average daily traffic count of 26,551 vehicles, with increased traffic during the summer months. The property has a tenant in place.
    Insight Report Location Intelligence

    Current Use by Public Records

    Lumos Data Software Company

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -77.8149005
    Latitude
    34.2191967

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    FAQs

    What type of property is this?
    Office space - Three-story office building with gated parking near Wrightsville Beach.
    Where is this office space located?
    The property is located at 7242 Wrightsville Ave Wilmington, NC.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location near Wrightsville Beach drawbridge (26,551 vehicles per day); - Gated entry and parking; - Second and third floors available, connected by a common stairwell
    (910) 899-6660
    Request Owner's contact information
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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
    7242 Wrightsville Ave Wilmington, NC 28403
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