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    Property profile & analytics

    1015 Ashes Dr Wilmington, NC 28405-8353

    • Office buildings
    • 1,332 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US53-2389179
    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

    • Brad Brown with Atlantic Bay Mortgage Group / Mortgage Lender
    • Z A Sneeden's Sons Inc / Real Estate Developer
    • Juvenile Diabetes Foundation / Social Services Organization
    • Russell Family Law & Litigation / Family Law Attorney / Civil Law Attorney
    • Young Law Firm / Law Firm

    Property Details for 1015 Ashes Dr

    Year built
    2004
    Construction
    STEEL FRAME
    Lot size
    0.03 lot acres
    Property size
    1,332 SF
    Zone code
    O&I,OFFICE & INSTITUTION
    Property type
    Office buildings
    APN
    R05100-003-080-012
    APU
    R05100003080012

    Description

    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.

    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
    -77.825
    Latitude
    34.2402
    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
    $2,836
    $0.00
    $335,600
    $335,600
    -
    $0.00
    $335,600
    $335,600

    Comparable in this City

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    • Value Estimation by Request
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      118 Cardinal Ext Dr Ste, Unit 104

      OFFICE BUILDING • 663 SF
      118 Cardinal Ext Dr Ste, Wilmington, NC 28405-2482
      View Details

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    Wilmington, NC 28405-8353
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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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