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Financial
Distress signals
Property profile

5309 Gingerwood Dr Wilmington, NC 28405

OFF-MARKET
Retail space
Property ID
US53-0970528
63,460 SF 2.52 ac lot Built 2018
Last sale Jun 2021 · $9,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Commercial land located at 5309 Gingerwood Dr in Wilmington, North Carolina, situated within a retail-focused area anchored by Costco. The site is positioned near the junction of I-40, North College Road, US-117, Highway 17, and Market Street, with access to major regional and city arterials; reported traffic volumes include 40,935 AADT on I-40 and North College Road/US-117 and 63,885 AADT on Highway 17 and Market Street. The surrounding trade area includes New Centre Market, University Centre,…

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.

Debts

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?
$88k
Tax billed · 2023
Assessed value$10.43M
Assessed land$846k
Assessed improvement$9.58M
Effective rate0.84%

Value estimate

· Oct 2026
$11.51M
$10.36M – $12.66M
AI approach$11.96M
CAP approach$9.64M
Submarket $/SF estimate$9.07M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$273/SF
Submarket average, outlier-cleaned · 81 recorded sales of this use type
Observed band · Q1–Q3$162 – $406

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?
RB,REGIONAL BUSINESS
JurisdictionNEW HANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service9.3
Tailor Shop9.3
Laundry Service9.2

Location

5309 Gingerwood Dr Wilmington, NC 28405-3091
County assessor Recorded deeds · 5 transfers 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6737 Market, Wilmington, NC 28405-3703 $3,350,000 Sep 2025 24,246 SF
1117 Military Cutoff, Wilmington, NC 28405-3641 $4,574,000 Dec 2024 10,560 SF
5030 Market, Wilmington, NC 28405-3430 $6,350,000 Dec 2021 7,840 SF
1745 Sir Tyler, Wilmington, NC 28405 $6,367,500 Sep 2021 11,988 SF
6821 Market, Wilmington, NC 28405-9724 $1,500,000 Jan 2021 14,990 SF
6861 Market, Wilmington, NC 28405-9724 $633,000 Jul 2020 14,406 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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