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    Property profile & analytics

    102 Old Eastwood Rd, Unit B2 Wilmington, NC 28403-0500

    • Office buildings
    • 560 SF
    • 0.01 lot acres
    OFF-MARKET
    Value Estimation
    $90,000
    Last Sale
    Jun 26, 2024
    $95,000
    Location Intelligence
    Property ID
    US53-2367033
    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

    • RAWsalsa / Food Manufacturer
    • Cool's Refrigeration Service Inc / Appliance Repair Service / Restaurant Supply Store
    • G5 Music Recording Studio, LLC / Recording Studio
    • South End Properties, LLC / Property Management Company / Custom Home Builder
    • Tri County Alarm Systems, LLC / Security System Installation Service

    Property Details for 102 Old Eastwood Rd

    Year built
    1986
    Construction
    WOOD FRAME
    Lot size
    0.01 lot acres
    Property size
    560 SF
    Zone code
    RB,REGIONAL BUSINESS
    Property type
    Office buildings
    APN
    R05013-008-049-000
    APU
    R05013008049000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $95,000

    • CAP approach

      CAP return
      Estimation
      6%
      $70,000
      6.5%
      $75,000
      7%
      $70,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $65,000
      Geo Method
      $85,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $65,000
      Retail
      $70,000
      Mixed-Use
      $75,000
      Hospitality
      $70,000
      Educational
      $70,000
      Residential Income
      $85,000
      Energy
      $70,000
      Income-Based Land
      $65,000
      Food Service
      $65,000

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.8658
    Latitude
    34.2447
    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
    $0.00
    $20,000
    $47,800
    $67,800
    -
    $20,000
    $47,800
    $67,800

    Comparable in this City

    • Value Estimation by Request
      33,258 SF

      1612 Military Cutoff Rd

      OFFICE BUILDING • 33,258 SF
      1612 Military Cutoff Rd, Wilmington, NC 28403-5737
      View Details
    • Value Estimation by Request
      560 SF

      102 Old Eastwood Rd Ste C2

      OFFICE BUILDING • 560 SF
      102 Old Eastwood Rd Ste C2, Wilmington, NC 28403-1876
      View Details
    • Value Estimation by Request
      13,914 SF

      5911 Oleander Dr

      OFFICE BUILDING • 13,914 SF
      5911 Oleander Dr, Wilmington, NC 28403-4787
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    • Value Estimation by Request
      32,261 SF

      1979 Eastwood Rd

      OFFICE BUILDING • 32,261 SF
      1979 Eastwood Rd, Wilmington, NC 28403-7271
      View Details
    • Value Estimation by Request
      29,077 SF

      1985 Eastwood Rd

      OFFICE BUILDING • 29,077 SF
      1985 Eastwood Rd, Wilmington, NC 28403-7208
      View Details
    • Value Estimation by Request
      39,286 SF

      3205 Randall Pkwy

      OFFICE BUILDING • 39,286 SF
      3205 Randall Pkwy, Wilmington, NC 28403-2564
      View Details

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    Similar Nearby for Lease

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      Class-A office space for lease in Wilmington, NC.
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      Wilmington Office Space for Rent

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      Office/flex space in desirable Seagate community, suitable for various uses.
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    • $4,371 /Mo
      1,978 SF

      Class A Office Sublease

      Professional office suite available for sublease on Military Cutoff Road.
      1612 Military Cutoff Rd, Wilmington, NC 28403
      View Details
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    Wilmington, NC 28403-0500
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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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