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Financial
Distress signals
Property profile

1303 Independence Blvd Wilmington, NC 28403

OFF-MARKET
Community centers
Property ID
US53-0808562
6,924 SF 24.11 ac lot Built 1993
Last sale Mar 2022 · $4,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 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

The property is a retail space totaling 6,009 square feet, located in Wilmington along Oleander Drive, a heavily traveled commercial corridor. It is positioned near Independence Mall and adjacent to that mall’s redevelopment. The site is approximately 4 miles from Downtown Wilmington, 7 miles from Wrightsville Beach, and about 2 miles from the University of North Carolina at Wilmington. It is also roughly 1.2 miles from New Hanover Regional Medical Center.

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?
$214k
Tax billed · 2023
Assessed value$25.28M
Assessed land$6.22M
Assessed improvement$19.06M
Effective rate0.85%

Value estimate

· Oct 2026
$1.17M
$1.05M – $1.28M
AI approach$1.03M
CAP approach$1.13M
Submarket $/SF estimate$1.34M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$254/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$135 – $325

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?
RB,REGIONAL BUSINESS
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 Supply20.6
Wholesale Shop20.3
Realty agency18.4

Location

1303 Independence Blvd Wilmington, NC 28403-0865
County assessor Recorded deeds · 4 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

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4510 Oleander, Wilmington, NC 28403-5012 $5,400,000 Apr 2025 43,516 SF
311 College, Wilmington, NC 28403-2028 $2,594,500 Dec 2022 8,416 SF
1705 Eastwood, Wilmington, NC 28403-3640 $30,750,000 Aug 2022 2,664 SF
3804 Oleander, Wilmington, NC 28403-6759 $1,530,500 Aug 2021 52,842 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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