Property profile

101 3rd St Wilmington, NC 28401

OFF-MARKET
Office buildings
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Property ID
US53-1181192
4,950 SF 0.2 ac Built 1985
Last sale Nov 2025·$15,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

Retail space is located in the Truist Building at 101 N Third Street in downtown Wilmington, featuring approximately 1,486 square feet of ground-floor area. The space has been previously used as a quick-service food concept and is laid out with customer-facing and back-of-house components, including a service counter, a large prep area, and a walk-in cooler, along with designated space for customer seating. Access is provided through two points, one from the street and another from the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$819k
Assessed land$361k
Assessed improvement$459k
Effective rate0.84%

Value estimate

· Nov 2026
$355k
$320k – $391k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$358/SF
ZIP average, outlier-cleaned · 66 recorded sales of this use type
Observed band · Q1–Q3$222 – $589
Qualifying comparables4

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?
HD,HISTORIC DISTRICT
JurisdictionNEW HANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.7
Dry Cleaner9.3
Garden Center8.9

Location

101 3rd St Wilmington, NC 28401-4502
County assessor Recorded deeds · 7 transfers 4 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
102 5th, Wilmington, NC 28401-4039 $106,000 Nov 2025 3,868 SF
1608 Queen, Wilmington, NC 28401-5527 $3,650,000 Oct 2025 3,200 SF
701 Market, Wilmington, NC 28401-4646 $1,300,000 Sep 2025 4,275 SF
3301 Us Hwy 421st N, Wilmington, NC 28401-9015 $3,262,000 Jun 2024 4,050 SF
415 Chestnut, Wilmington, NC 28401-4021 $665,000 Sep 2023 3,195 SF
114 Frnt, Wilmington, NC 28401-4413 $2,600,000 Mar 2023 6,000 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
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Includes: Price & PSF · Cap rate · Location · Zoning

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