2419 Market St, Wilmington, NC
Two-story office building with high visibility and ample parking.
- Added:
- Nov 24, 2025
- Days on Market:
- 199
- Last Refresh:
- May 19 at 8:25 pm
Property Features for 2419 Market St
General Information
- Standard status
- Active
- Size
- 10,487 SF
- Lot size
- 0.84 Acres
- Property subtype
- OFFICE
Listing agent Laurence Nadeau (910) 515-3622
Listing office Creative Commercial Properties, Inc (910) 515-3622
Listing date Nov 24, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Creative Commercial Properties, Inc
HighLights
- High‑visibility location on Market Street.
- Entrance to one of Wilmington's most prestigious neighborhoods.
- Two‑story brick structure with classic architectural style.
- Ample off‑street parking.
- Stylish brick & wrought iron fence.
- First‑time public offering.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $219.0k | $20.88 |
| − Vacancy | −$41.4k | −$3.95 |
| EGI | $177.6k | $16.93 |
| − OpEx | −$44.4k | −$4.23 |
| NOI | $133.2k | $12.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.9157
- Latitude
- 34.2388
