Financial
Distress signals
Property profile

3910 Princess Place Dr A Wilmington, NC 28405

FOR LEASE
Office buildings
Property ID
US53-1316703
3,731 SF 0.58 ac lot Built 1999
Last sale Dec 2025 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This retail commercial unit is located in Midtown Wilmington within a three-unit building and occupies the middle unit. The space includes approximately 1,000 square feet of interior area and one bathroom, and is part of a property with a lot size of about 0.58 acres. The building offers on-site parking and signage opportunities. The unit is zoned O&I and is configured to operate under a triple-net (NNN) style expense structure. Additional space is available within the same building, providing options for expansion within the existing property footprint.

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?
$3k
Tax billed · 2023
Assessed value$443k
Assessed land$69k
Assessed improvement$374k
Effective rate0.63%

Value estimate

· Sep 2026
$350k
$315k – $385k
CAP approach$780k
Submarket $/SF estimate$650k
NOI build-up
Gross scheduled income$39k
Vacancy & credit loss−$7k
Operating expenses−$8k
NOI · 945.40% cap applied$24k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$248/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$174 – $318
Qualifying comparables8

Cap rate analysis

How does the asset earn?
945.40%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
O&I-1
JurisdictionNEW HANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.6
Laundry Service9.5
Dental Office9.2

Location

3910 Princess Place Dr, Unit A Wilmington, NC 28405
County assessor Recorded deeds · 5 transfers 8 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1015 Ashes Dr, Wilmington, NC 28405-8353 $1,027,000 Aug 2025 2,166 SF
4213 Princess Pl, Wilmington, NC 28405-3336 $757,500 Dec 2023 1,984 SF
204 Kerr, Wilmington, NC 28405-3408 $575,000 Jul 2023 2,026 SF
6611 Market, Wilmington, NC 28405-3701 $1,100,000 Feb 2023 1,722 SF
6321 Market, Wilmington, NC 28405-3728 $2,300,000 Apr 2021 5,356 SF
115 Canal, Wilmington, NC 28405-4496 $515,000 Jun 2020 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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