Property profile

228 College Rd Wilmington, NC 28403

OFF-MARKET
Automotive properties
Property ID
US53-1316525
5,750 SF 0.81 ac lot Built 1977
Entity Owned 17-yr Hold Free & Clear
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1977
Construction CONCRETE
Total area 5,750 SF
Lot 0.81 ac (35,284 SF)
Zoning code RB,REGIONAL BUSINESS
APN R04916-001-013-001
UPID US53-1316525

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
  • Auto Repair Shop
  • Car Dealership Auto Repair Shop
  • Auto Repair Shop
  • Auto Repair Shop

Location

228 College Rd Wilmington, NC 28403-1610
Wilmington metro Census 10501 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
$692k
Blend (final) Blend
$505k

Owner & transaction history

since 2009
1 recorded transaction
2009
Price N/A

Zoning & alternative use

RB,REGIONAL BUSINESS · 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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