1313 Greenfield St Wilmington, NC 28401-6449
Property profile & analytics
1313 Greenfield St Wilmington, NC 28401-6449
- Retail space
- 8,421 SF
- 1.11 lot acres
Property ID
US53-0627137
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.
Location Intelligence
Current Use by Public Records
- Family Dollar / Discount Store
Property Details for 1313 Greenfield St
- Year built
- 2016
- Lot size
- 1.11 lot acres
- Property size
- 8,421 SF
- Zone code
- UMX
- Property type
- Retail space
- APN
- R05414-021-002-000
- APU
- R05414021002000
Description
This exceptional investment opportunity presents a vacant, 8,240-square-foot storefront located at 1313 Greenfield St, Wilmington, NC 28401. The property, built in 2016, sits on a 1.11-acre lot at a signalized intersection with multiple access points. It boasts an absolute NNN lease with a remaining term of approximately 6.6 years, expiring June 30, 2031, and features a strong corporate guarantee. The asking price is $1,440,000, representing a compelling $174.76 per square foot and a 9.00% cap rate, with a current NOI of $129,636. The all-brick building benefits from its location in a high-growth area, approximately 1.5 miles from Novant Health's New Hanover Regional Medical Center and 2 miles from a major retail corridor including Whole Foods, Dick's Sporting Goods, Dillard's, Belk, Hobby Lobby, and Harris Teeter. The surrounding area shows significant population growth, exceeding 6% in the next 5 years within a 1-mile radius and nearly 9% within a 5-mile radius. Wilmington's overall population growth is approximately 2% annually, and the Wilmington MSA ranked among the top 10 U.S. Metro Areas for annual growth in 2023. Furthermore, New Hanover County's thriving tourism sector, with visitor spending exceeding $1 billion in 2022, contributes to the area's robust economic climate. This property offers a secure, high-yield investment with significant upside potential in a rapidly expanding market. The property's former tenant, Family Dollar, is part of Dollar Tree, Inc. (NYSE: DLTR), a company with nearly 25,000 locations and over $30.6 billion in reported sales in 2023. Over $875,000 in rent is due before lease expiration.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $545,000
- ML approach
- $530,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.9302
- Latitude
- 34.2182
- 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
$11,826
$119,900
$1,279,600
$1,399,500
-
$119,900
$1,279,600
$1,399,500
