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Financial
Distress signals
Property profile

1108 Princess St Wilmington, NC 28401

OFF-MARKET
Strip malls
Property ID
US53-1071502
11,080 SF 0.69 ac lot Built 1950
Last sale Feb 2017 · $63,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 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 commercial property, located at 1108 PRINCESS Street in Wilmington, North Carolina, presents a unique investment opportunity. Boasting a substantial 11,430 square feet of space, this property sits on a generous 0.69-acre lot, offering ample room for expansion or development. The property's prime location in Wilmington ensures high visibility and accessibility, making it ideal for a variety of commercial uses. The asking price is $3,395,000. Given its size and location, this…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$942k
Assessed land$228k
Assessed improvement$714k
Effective rate0.84%

Value estimate

· Oct 2026
$455k
$410k – $501k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$221/SF
Submarket average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$153 – $326

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?
UMX
The purpose of UMX zone is to provide a mix of housing options, to promote and enhance transit options, particularly those that are pedes...
General categoryMIXED_USE
JurisdictionNEW HANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply35.7
Wholesale Shop27.4
Dental Office24.7

Location

1108 Princess St Wilmington, NC 28401-4336
County assessor Recorded deeds · 10 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
1635 Wellington, Wilmington, NC 28401-7758 $26,580 Dec 2024 7,056 SF
2319 17th, Wilmington, NC 28401-7901 $945,000 Jun 2023 5,630 SF
2589 17th, Wilmington, NC 28401-7765 $780,000 May 2023 4,050 SF
1415 Dawson, Wilmington, NC 28401-6000 $830,000 Sep 2022 10,954 SF
2535 Castle Hayne, Wilmington, NC 28401-2697 $3,270,000 Dec 2019 5,760 SF
215 2nd Stb, Wilmington, NC 28401-3901 $530,000 May 2019 5,586 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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