Financial
Distress signals
Property profile

1209 15th St Wilmington, NC 28401

OFF-MARKET
Commercial real estate
Property ID
US53-1831031
3,000 SF 0.09 ac lot Built 1991
Last sale Nov 2022 · $306,500
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$454
Tax billed · 2023
Assessed value$54k
Assessed land$53k
Assessed improvement$300
Effective rate0.85%

Value estimate

· Sep 2026
$415k
$374k – $457k
AI approach$345k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$220/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$172 – $267

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
UMX
The purpose of UMX zone is to provide a mix of housing options, to promote and enhance transit options, particularly those that are pedes...
General categoryMIXED_USE
JurisdictionNEW HANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.6
Realty agency12.6
Parking Facility11.8

Location

1209 15th St Wilmington, NC 28401
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
226 Frnt, Wilmington, NC 28401-4415 $800,000 Oct 2025 4,166 SF
15 5th, Wilmington, NC 28401-4668 $874,000 Oct 2024 4,846 SF
7 5th, Wilmington, NC 28401-4538 $400,000 Jan 2023 2,524 SF
1702 6th, Wilmington, NC 28401-2807 $282,500 May 2022 1,950 SF
520 Princess, Wilmington, NC 28401-4131 $709,000 Aug 2021 3,258 SF
415 Grace, Wilmington, NC 28401-4024 $490,000 Mar 2021 2,889 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1209 15th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message