3408 Wilshire Blvd Wilmington, NC 28403
- Office buildings
- 11,550 SF
- 0.85 lot acres
Current Use by Public Records
- AssistedCare At Home / Home Health Care Service
- Kathleen Godsey / Social Worker
- Eldercare At Home / Home Health Care Service
- Hire Quest Direct / Employment Agency
- Dr. Karen Kinney / Practitioner Service Location / Emergency Care Physician
Property Details for 3408 Wilshire Blvd
- Year built
- 1985
- Construction
- CONCRETE
- Lot size
- 0.85 lot acres
- Property size
- 11,550 SF
- Zone code
- O&I-1
- Property type
- Office buildings
- APN
- R05509-018-006-000
- APU
- R05509018006000
Description
3408 Wilshire Blvd, Wilmington, NC presents a fantastic opportunity for businesses seeking a well-located office space. This single-story, 11,550 square foot building, constructed in 1985, is situated on a 0.85-acre lot in the Midtown submarket, offering excellent visibility and accessibility. The property features a traditional office layout, currently offering 3,863 square feet of vacant space suitable for multiple tenants. Its convenient location in central Wilmington provides easy access to downtown Wilmington, a mix of residential areas, local businesses, and retail establishments, ensuring high traffic and visibility. The proximity to shopping centers, restaurants, and a variety of professional services caters to a diverse clientele. Furthermore, its close proximity to the University of North Carolina Wilmington (UNCW) makes it an attractive location for businesses targeting both the student population and the broader community. Ample parking is available, adding to the overall convenience and appeal. The property is zoned O&I and its APN is 3137-24-4107.000. This is an exceptional opportunity to establish a presence in a thriving and dynamic area of Wilmington. The cross street is Wrightsville Ave.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $440,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $635,000
- 6.5%
- $660,000
- 7%
- $620,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $660,000
- Geo Method
- $650,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $715,000
- Retail
- $575,000
- Mixed-Use
- $655,000
- Hospitality
- $630,000
- Educational
- $675,000
- Residential Income
- $555,000
- Energy
- $560,000
- Income-Based Land
- $730,000
- Food Service
- $565,000
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.9004
- Latitude
- 34.2235
- CBSA code
- 48900
- CBSA name
- WILMINGTON, NC METROPOLITAN STATISTICAL AREA
