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Financial
Distress signals
Property profile

101 3rd St Wilmington, NC 28401

OFF-MARKET
Office buildings
Property ID
US53-1384717
68,831 SF 0.46 ac lot Built 2014
Last sale Jun 2012 · $1,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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…

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.

Debts

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?
$97k
Tax billed · 2023
Assessed value$10.69M
Assessed land$526k
Assessed improvement$10.17M
Effective rate0.91%

Value estimate

· Oct 2026
$14.49M
$13.04M – $15.94M
CAP approach$14.35M
Submarket $/SF estimate$13.62M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$358/SF
ZIP average, outlier-cleaned · 66 recorded sales of this use type
Observed band · Q1–Q3$222 – $589

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CBD,CENTRAL BUS DIST
JurisdictionNEW HANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.8
Garden Center9.6
Dry Cleaner9.0

Location

101 3rd St Wilmington, NC 28401-4034
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
701 Market, Wilmington, NC 28401-4646 $1,300,000 Sep 2025 4,275 SF
717 Market, Wilmington, NC 28401-4646 $3,700,000 May 2025 8,994 SF
1 Estelle Lee, Wilmington, NC 28401-3360 $3,803,500 Oct 2023 8,968 SF
929 Frnt, Wilmington, NC 28401-3331 $66,000,000 Jul 2023 380,063 SF
114 Frnt, Wilmington, NC 28401-4413 $2,600,000 Mar 2023 6,000 SF
101 Virginia, Wilmington, NC 28401-7000 $1,500,000 Feb 2023 10,000 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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