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    Property profile & analytics

    211 Princess St, Unit C Wilmington, NC 28401-3861

    • Office Properties & Spaces
    • 840 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 18, 2020
    $225,000
    Location Intelligence
    Property ID
    US53-2474983
    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.

    Current Use by Public Records

    • Joe's Heating & Air Services / Hvac Contractor
    • Earnest Money & Sons / Cocktail Bar

    Property Details for 211 Princess St

    Year built
    1906
    Construction
    CONCRETE
    Property size
    840 SF
    Zone code
    CBD,CENTRAL BUS DIST
    Property type
    Office Properties & Spaces
    APN
    R04817-017-007-003
    APU
    R04817017007003

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.9471
    Latitude
    34.2368
    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
    $2,090
    $0.00
    $229,700
    $229,700
    -
    $0.00
    $229,700
    $229,700

    Comparable in this City

    • Value Estimation by Request

      1540 2Nd St

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      1540 2Nd St, Wilmington, NC 28401
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      6,203 SF

      414 Chestnut St, Unit 2

      CONDOMINIUM OFFICES • 6,203 SF
      414 Chestnut St, Wilmington, NC 28401-4045
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    • Value Estimation by Request
      5,411 SF

      414 Chestnut St, Unit 1

      CONDOMINIUM OFFICES • 5,411 SF
      414 Chestnut St, Wilmington, NC 28401-4045
      View Details
    • Value Estimation
      $240,000
      585 SF

      215 Water St Ste, Unit 101

      CONDOMINIUM OFFICES • 585 SF
      215 Water St Ste, Wilmington, NC 28401-4480
      View Details
    • Value Estimation
      $380,000
      7,102 SF

      254 Frnt St Ste, Unit 401

      CONDOMINIUM OFFICES • 7,102 SF
      254 Frnt St Ste, Wilmington, NC 28401-8600
      View Details
    • Value Estimation
      $250,000
      1,223 SF

      2 Frnt St Ste, Unit 6

      CONDOMINIUM OFFICES • 1,223 SF
      2 Frnt St Ste, Wilmington, NC 28401-8407
      View Details

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    Wilmington, NC 28401-3861
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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