Property profile

921 Princess St Wilmington, NC 28401

FOR LEASE
Mixed-use properties
Property ID
US53-0982505
Built 1950
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

This downtown warehouse space is located within the Bottle Works Building in the Soda Pop District and provides 24-hour access. The available area totals 5,045 RSF and is designed to be demised into smaller portions as small as 2,000 RSF. The space is zoned UMX and offers adaptive reuse potential. It is configured as a column-free warehouse with a clear (center) height of 22 feet. Essential utilities are provided, including electricity, water, and sewer. Shared building amenities include loading docks, a covered drive-in, public access through the main entrance corridor, a mail service/mailroom, and restrooms.

Property profile

Verified
Property type Mixed-use properties
Year built 1950
UPID US53-0982505

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel Resort
  • Bar & Pub
  • Storage Facility Warehouse & Storage
  • Interior Design Home Decor Store
  • Grocery & Convenience Store Specialty Food Shop

Location

921 Princess St Wilmington, NC 28401
Wilmington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2021
5 recorded transactions
2022
Price N/A
2021
Price N/A
2021
$8.1M
2019
Price N/A
2019
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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