2619 Newkirk Avenue, Wilmington, NC 28412
- Added:
- May 12, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 27 at 4:06 am
Property Features for 2619 Newkirk Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- RB
- Standard status
- Pending
- APN
- R06019-003-001-001
- Size
- 5,427 SF
- Lot size
- 0.63 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lt 1 Div Blk 13 Hanover Hts
- Tax Annual Amount
- 6732
Utilities
- Heating system
- Electric (Heating)
Building Details
- Year built
- 1984
Listing agent Chris S Luther License #280267 (910) 367-8302
Listing office Coldwell Banker Sea Coast Advantage 110 Dungannon Blvd. Ste 100, Wilmington, NC (910) 799-3435
Listing date May 12, 2026
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Adaptable 5,427 sq ft building on 0.63 acres suitable for childcare, educational, medical, or professional services.
- Prime Wilmington location near Shipyard Boulevard, College Road, and Midtown, benefiting from strong demographics and population growth.
- Existing layout includes classrooms, offices, drop‑off/parking areas, and fenced outdoor recreation space.
- Zoned RB, offering flexibility for various commercial and institutional uses.
- Ideal for owner‑users or investors seeking a highly adaptable facility.
- Convenient accessibility to surrounding residential communities.
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 | $113.3k | $20.88 |
| − Vacancy | −$21.4k | −$3.95 |
| EGI | $91.9k | $16.93 |
| − OpEx | −$23.0k | −$4.23 |
| NOI | $68.9k | $12.70 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Carolina Gymnastics Academy — 3529 Carolina Beach Rd, Wilmington, NC 28412
- Childrens Learning Center-New — 735 Medical Center Dr, Wilmington, NC 28401
- Bourelle After School Program — 800 Shipyard Blvd #5, Wilmington, NC 28412
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.92166
- Latitude
- 34.191985
