Property profile

206 Kerr Ave 114E Wilmington, NC 28403

OFF-MARKET
Commercial real estate
Property ID
US53-2457806
840 SF Built 1999
Individually Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1999
Construction STEEL FRAME
Total area 840 SF
Zoning code CS,COMMERCIAL SERVICE
APN R04918-001-009-009
UPID US53-2457806

Cap rate & NOI

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

Location

206 Kerr Ave, Unit 114E Wilmington, NC 28403
Wilmington metro Census 10504 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$95k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$70k

Owner & transaction history

since 2021
Last sale
$62,500
1 recorded transaction
2021
$62,500

Zoning & alternative use

CS,COMMERCIAL SERVICE · Wilmington, NC

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
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