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    7597 Market St Wilmington, NC 28411

    Sponsored
    For Sale
    $1,250,000

    1.26-Acre Commercial Lot, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 1.26-acre commercial land parcel, located at 7597 Market Street in Wilmington, North Carolina (zip code 28411), presents a remarkable investment opportunity. Boasting approximately one usable acre, the property is zoned B-1, allowing for a diverse range of commercial uses. Its prime location on Market Street (US Hwy 17), a major thoroughfare with a daily traffic count of 43,000 vehicles, ensures exceptional visibility and high traffic exposure. The 122-foot frontage on Market Street provides significant street presence. Convenient access is enhanced by shared access points via Oak Ridge Lane and Greenview Drive, improving customer and delivery accessibility. Utilities include water and sewer. This "pad-ready" site is ideal for businesses seeking a high-traffic location in a rapidly growing area. A detailed survey is available for review. The asking price for this strategically located property is $1,250,000.

    Property Features for 7597 Market St

    General Information

    Property type
    Land
    Lot Size
    54,886 SF

    HighLights

    • Pad‑ready site.
    • Multiple access points via Oak Ridge Lane and Greenview Drive.
    • 43,000 AADT on US Hwy 17 (Market Street).
    • Water and sewer utilities available.
    • High‑traffic location with excellent visibility on Market Street.
    • B‑1 zoning allows diverse commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -77.8106218
    Latitude
    34.2823218

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    FAQs

    What type of property is this?
    Land - 1.26-Acre Commercial Lot, High Traffic
    Where is this land located?
    The property is located at 7597 Market St Wilmington, NC.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Pad-ready site.; Multiple access points via Oak Ridge Lane and Greenview Drive.; 43,000 AADT on US Hwy 17 (Market Street).
    Request Owner's contact information
    7597 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
    7597 Market St Wilmington, NC 28411
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