1601 College Rd Wilmington, NC 28403-7359
Property profile & analytics
1601 College Rd Wilmington, NC 28403-7359
- Office buildings
- 5,600 SF
- 0.37 lot acres
Property ID
US53-0926759
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
- Coastal Shield Insurance / Insurance Agency
- Network Real Estate / Real Estate Agency
- Neal Johnson, Network Real Estate / Real Estate Agency
- Bgwoods / Construction Company
- Grey Outdoor, LLC / Marketing & Advertising / Advertising Agency
Property Details for 1601 College Rd
- Year built
- 1983
- Construction
- WOOD FRAME
- Lot size
- 0.37 lot acres
- Property size
- 5,600 SF
- Zone code
- RB,REGIONAL BUSINESS
- Property type
- Office buildings
- APN
- R06107-011-009-000
- APU
- R06107011009000
Description
This exceptional traditional office suite, identified as Suite 207, is situated at 1601 College Rd, Wilmington, NC 28403, offering a prime location in New Hanover County. The suite is part of a two-story building constructed in 1983, encompassing a total of 5,900 square feet. The building features convenient elevator access. Suite 207 is categorized as a traditional office space within a multi-tenant building. The property's zoning is designated as RB. The precise location is further defined by its proximity to Parkway Drive, and its parcel number is 3136-68-5682.000. This presents a fantastic opportunity for businesses seeking established office space in a well-located building. The building itself consists of one structure with two stories, offering a blend of accessibility and functionality. Interested parties should note the property's convenient location and established infrastructure. Further details regarding the specific square footage of Suite 207 are available upon request. The building's age and established presence in the Wilmington area contribute to its appeal. This offering represents a solid opportunity within a thriving commercial district.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,215,000
- ML approach
- $1,310,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,265,000
- 6.5%
- $1,165,000
- 7%
- $1,085,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,308,000
Market price range: $665k - $1.83M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,960,000 Current use
- COMMERCIAL (GENERAL)
- $1,760,000 Change: -10% Conversion: Easy
- MEDICAL BUILDING
- $1,700,000 Change: -13% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,600,000 Change: -18% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.8868
- Latitude
- 34.2081
- 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
$7,873
$288,800
$642,900
$931,700
-
$288,800
$642,900
$931,700
