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Property profile

1015 Ashes Dr Wilmington, NC 28405

OFF-MARKET
Office buildings
Property ID
US53-2389179
View Sample
1,332 SF 0.03 ac lot Built 2004
Entity Owned ~ Est. High Equity

Property summary

AI-generated overview

This exceptional Class A office building, constructed in 2004 and renovated in 2021, offers 5,900 square feet of space across two stories in a single building. Located at 1015 Ashes Dr, Wilmington, NC 28405 (near Sir Tyler Drive), in the desirable Mayfaire, Landfall submarket of New Hanover County, this property is zoned O&I. The building features one elevator and currently has 720 square feet of vacant space. One remaining suite is available for lease at $1000/month, offering a full-service lease including utilities and amenities. Each suite provides 144 square feet of individually locked, furnished private office space, including a motorized adjustable desk. Tenants also enjoy access to over 3,700 square feet of shared common workspace, a kitchenette, a conference room, and a reception area. 24/7 key fob access is provided. The building's prime location offers unparalleled convenience, being minutes from Mayfaire Center and 10 minutes from the Wilmington airport. This is an ideal location for businesses seeking a prestigious and convenient workspace in Wilmington, North Carolina. The shared space fosters collaboration and networking, while the fully furnished suites allow for immediate occupancy. Flexible lease terms are available to accommodate various business needs.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Construction STEEL FRAME
Total area 1,332 SF
Lot 0.03 ac (1,350 SF)
Zoning code O&I,OFFICE & INSTITUTION
APN R05100-003-080-012
UPID US53-2389179

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Construction Company General Contractor
  • Social Service Agency Charitable Organization
  • Law Firm Child Welfare Organization
  • Law Firm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2025
7 recorded transactions
2025
$1.0M
2024
$750,000
2024
$175,000
2021
$240,000
2021
$213,000
2019
Price N/A
2019
Price N/A

Zoning & alternative use

O&I,OFFICE & INSTITUTION · Wilmington, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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