You are browsing as a guest. Register to access key data for free.
Property profile

1380 College Rd Wilmington, NC 28405

OFF-MARKET
Day care centers
Property ID
US53-1985030
View Sample
8,155 SF 6.79 ac lot Built 1975
Entity Owned 6-yr Hold Absentee Owner Free & Clear

Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1975
Construction STEEL & CONCRETE
Total area 8,155 SF
Lot 6.79 ac (295,772 SF)
Zoning code R-15,RESIDENTIAL DISTRICT
APN R04200-004-001-000
UPID US53-1985030

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$650k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.24M
Blend (final) Blend
$940k

Owner & transaction history

since 2020
2 recorded transactions
2020
$2.2M
2018
$2.2M

Zoning & alternative use

R-15,RESIDENTIAL DISTRICT · Wilmington, NC
Top alternative use upside
Commercial (general) $1.3M +48.3%
Retail stores $1.0M +22.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1380 College Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message