7015 Market St Wilmington, NC 28411
- Retail space
- 2,820 SF
- 0.36 lot acres
Current Use by Public Records
- Four Seasons Dry Cleaners / Dry Cleaner
Property Details for 7015 Market St
- Year built
- 1995
- Construction
- STEEL FRAME
- Lot size
- 0.36 lot acres
- Property size
- 2,820 SF
- Zone code
- B-2,BUSINESS DISTRICT
- Property type
- Retail space
- APN
- R04400-002-011-001
- APU
- R04400002011001
Description
This exceptional commercial property, located at 7015 Market Street in Wilmington, North Carolina, presents a unique investment opportunity. The building boasts a substantial 2,820 square feet of space, offering ample room for a variety of commercial ventures. Situated on a 0.36-acre lot, the property provides ample room for expansion or outdoor use, depending on the intended business. The address, 7015 Market Street, places the property in a high-traffic area of Wilmington, ensuring excellent visibility and accessibility for customers. The asking price is $925,000, reflecting the property's prime location and significant square footage. The property type is classified as "Other," suggesting flexibility in its potential use. This makes it an ideal investment for entrepreneurs and businesses seeking a versatile space in a thriving Wilmington location. The substantial size and desirable location make this property a rare find in the Wilmington commercial real estate market. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning and potential uses are available upon request. Don't miss this chance to acquire a valuable commercial asset in a dynamic and growing city.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $335,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $435,000
- 6.5%
- $420,000
- 7%
- $405,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $425,000
- Geo Method
- $395,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $390,000
- Retail
- $350,000
- Mixed-Use
- $335,000
- Hospitality
- $335,000
- Educational
- $350,000
- Residential Income
- $410,000
- Energy
- $385,000
- Income-Based Land
- $460,000
- Food Service
- $430,000
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.8245
- Latitude
- 34.2674
- CBSA code
- 48900
- CBSA name
- WILMINGTON, NC METROPOLITAN STATISTICAL AREA
