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    8115 Market St Wilmington, NC 28411

    Sponsored
    For Sale
    $595,000

    Prime location, vacant, 3,507 sq ft.

    Property size:
    3,507 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Class A, 3,507 square foot medical office condo is located in the thriving Porters Neck submarket of Wilmington, NC, at 8115 Market Street, Unit 2C-X. Part of the prestigious Porters Neck Professional Center, a three-story building totaling approximately 60,000 square feet, this vacant unit offers a unique opportunity for owner-occupancy or investment. Built in 2005, the building boasts a modern design, three stairwells, two elevators, and ample parking (approximately 238 spaces). The property enjoys excellent visibility and accessibility, with direct access from Market Street and proximity to Bayshore Commons Shopping Center. Zoned B-2 within New Hanover County, the building benefits from a strong tenant roster including established medical practices and businesses. Unit 2C-X is delivered in a cold dark shell condition, allowing for complete customization to suit the needs of a new owner or tenant. The estimated annual operating expenses are $3.00 per square foot. Property taxes are paid separately by the condo owner. The 3.9-acre lot provides ample space. This exceptional property is available for both sale and lease, presenting a compelling investment opportunity in a high-demand market. The APN is R03600-003-124-TBD.

    Property Features for 8115 Market St

    General Information

    Property type
    Medical offices
    Square Feet
    3,507 SF
    Class
    A
    Lot Size
    169,884 SF

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    3

    HighLights

    • Class A, 3,507 SF medical office condo in Wilmington, NC's Porters Neck submarket.
    • Located at 8115 Market Street, Unit 2C‑X, in the Porters Neck Professional Center (60,000 SF building).
    • Vacant unit, ideal for owner‑occupancy or investment; built in 2005.
    • Features ample parking (approx. 238 spaces), three stairwells, and two elevators.
    • Excellent visibility and accessibility, with Market Street access and proximity to Bayshore Commons.
    • B‑2 zoning; strong tenant roster; delivered in cold dark shell condition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Connect(x) HealthWare Software Company Talley Brian C ... Dentist Provis Media Internet Marketing Service Medac Urgent Care ... Urgent Care Center Thrive Family Dental Dentist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -77.794591705632
    Latitude
    34.296368474058

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    FAQs

    What type of property is this?
    Medical office - Prime location, vacant, 3,507 sq ft.
    Where is this medical office located?
    The property is located at 8115 Market St Wilmington, NC.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: Class A, 3,507 SF medical office condo in Wilmington, NC's Porters Neck submarket.; Located at 8115 Market Street, Unit 2C-X, in the Porters Neck Professional Center (60,000 SF building).; Vacant unit, ideal for owner-occupancy or investment; built in 2005.
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    8115 Market St Wilmington, NC 28411
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    Wilmington, NC 28411
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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
    8115 Market St Wilmington, NC 28411
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