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    Property profile & analytics

    3101 Princess Place Dr Wilmington, NC 28405

    • Day care centers
    • 3,552 SF
    • 0.31 lot acres
    For Sale
    View listing
    $700,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-2197454
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Day care centers

    Property Details for 3101 Princess Place Dr

    Year built
    1997
    Lot size
    0.31 lot acres
    Property size
    3,552 SF
    Zone code
    CB,COMMUNITY BUSIN
    Property type
    Day care centers
    APN
    R04913-001-004-000
    APU
    R04913001004000

    Description

    This exceptional commercial property, located at 3101 PRINCESS PLACE Drive in Wilmington, North Carolina, presents a unique investment opportunity. Boasting a generous 3,598 square feet of space, this property sits on a sizable 0.31-acre lot, offering ample room for expansion or outdoor utilization. The building's versatile "Other" property type allows for a wide range of potential uses, making it ideal for businesses seeking a flexible and adaptable space. The asking price is $700,000, representing a compelling value in the thriving Wilmington commercial real estate market. Its prime location on Princess Place Drive offers excellent visibility and accessibility, ensuring high traffic and potential for strong returns. The property's size and location make it suitable for a variety of commercial ventures, from retail establishments to offices or specialized businesses. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Further details regarding the property's specific features and zoning regulations are available upon request. Don't miss this chance to acquire a significant commercial asset in a dynamic and growing area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.9054
    Latitude
    34.2443
    CBSA code
    48900
    CBSA name
    WILMINGTON, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,592
    $60,900
    $482,500
    $543,400
    -
    $60,900
    $482,500
    $543,400

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    Wilmington, NC 28405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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