You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $14,490,000
Office buildings

101 3rd St Wilmington, NC 28401-4034

68,831 SF 0.46 ac lot Built 2014
Entity Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US53-1384717
Property summary
AI-generated overview

This exceptional mixed-use property, located at 101 S 3rd Street in the heart of Wilmington, NC, presents a unique investment opportunity. Boasting a substantial 4,849 square feet of space situated on a 0.2-acre lot, this property offers significant versatility for a variety of commercial uses. Its central downtown location provides unparalleled access to a thriving business district, abundant foot traffic, and a vibrant community. The building's size and layout allow for creative adaptation to suit diverse business needs, from retail and office spaces to restaurants and other commercial ventures. The property's prime location within Wilmington's dynamic urban core ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in the city. The asking price of $1,500,000 reflects the exceptional value and potential of this strategically located asset. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning and permitted uses are available upon request. This is a rare chance to acquire a significant commercial property in a rapidly growing and desirable area. Don't miss this opportunity to secure a foothold in the vibrant Wilmington market.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2014
Construction STEEL & CONCRETE
Total area 68,831 SF
Lot 0.46 ac (20,038 SF)
Zoning code CBD,CENTRAL BUS DIST
APN R04817-017-011-000
UPID US53-1384717
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Studsvik Scandpower, Inc (Bike/Boat/Book/etc) Store Corporate Office
  • Hogue Hill Law Firm
  • Snow III James B Law Firm
  • Jones W Talmage Law Firm
  • Cordell & Cordell - Divorce Attorney Office Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$14.35M
Comparable Approach Comparable
$13.62M
Blend (final) Blend
$14.49M
Owner & transaction history
101 North Third Street LLC · 14 yrs held
101 North Third Street LLC
since 2012
Last sale
$15.0M
7 recorded transactions
2014
Price N/A
2012
$1.8M
2012
$2.0M
2011
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CBD,CENTRAL BUS DIST · Wilmington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 101 3rd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message