Randall Pkwy 5014-5034, Wilmington, NC
Office condo for sale with tenant in place until 2027.
- Added:
- Aug 11, 2025
- Days on Market:
- 305
- Last Refresh:
- May 20 at 8:40 pm
Property Features for Randall Pkwy 5014-5034
General Information
- Standard status
- Active
- Size
- 795 SF
- Lot size
- 0.52 Acres
- Property subtype
- OFFICE
Listing agent Todd Toconis License #123283 (910) 262-7653
Listing office Town & Country Real Estate (910) 262-7653
Listing date Aug 11, 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 Town & Country Real Estate
HighLights
- Tenant in place through 8/31/2027 providing immediate income.
- Located in Carolina Place office condos.
- Includes 4 offices, reception area, and private bathroom.
- On‑site parking available.
- Water, sewer, and trash included in COA fee.
- Second floor location.
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 | $16.6k | $20.88 |
| − Vacancy | −$3.1k | −$3.95 |
| EGI | $13.5k | $16.93 |
| − OpEx | −$3.4k | −$4.23 |
| NOI | $10.1k | $12.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.8785
- Latitude
- 34.2307
