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Property profile & analytics
OFF-MARKET
Specialty properties
233 Racine Dr, Wilmington, NC 28403-8710
Entity Owned
13-yr Hold
Free & Clear
Property ID
US53-2366279
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1995
Total area
1,510 SF
Lot
9.3 ac (405,108 SF)
Zoning code
MF-L,MULTI FAMILY LOW DEN
APN
R05017-016-016-000
UPID
US53-2366279
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Home Dimensional, LLC: Anthony Kozol Real Estate Agency
-
Ashton Pool Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ashton Townhome Assoc INC · 13 yrs held
Ashton Townhome Assoc INC
since 2012
7 recorded transactions
Zoning & alternative use
MF-L,MULTI FAMILY LOW DEN · Wilmington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1995
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Bathrooms
2
Total area
1,510 SF
Lot
9.3 ac (405,108 SF)
Zoning code
MF-L,MULTI FAMILY LOW DEN
APN
R05017-016-016-000
UPID
US53-2366279
Jurisdiction
NEW HANOVER
Zoning & alternative use
MF-L,MULTI FAMILY LOW DEN · Wilmington, NC
Zoning MF-L,MULTI FAMILY LOW DEN · permitted uses
MF-L,MULTI FAMILY LOW DEN · Wilmington, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wilmington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
9.3 ac
Current owner
From public records · entity-resolved
Ashton Townhome Assoc INC
Entity
Free & Clear · 13 yrs held
Mailing address
1900 EASTWOOD RD STE #11, WILMINGTON, NC 28403-7206
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
26 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2023
—
Darren Cansler
—
Deed
related
$25,000 · Joel Fisher
Jul 17, 2012
—
Ashton Townhome Assoc INC
Ashton Townhome Assn INC
Quit Claim Deed
related
—
Jul 29, 2005
—
Eva Bordeaux
—
Trustees Deed
related
$189,000 · Suntrust Mortgage INC
—
—
Daryl W Edwards
—
Deed Of Trust
related
$32,000 · Corning FCU
—
—
Kenneth J Buckery
—
Deed Of Trust
related
$210,000 · Alpha Mortgage Corp
—
—
Nathan V Moseley
—
Deed Of Trust
related
$75,246 · Bank Of America
—
—
Mary J Toler
—
Deed Of Trust
related
$224,000 · Alpha Mortgage Corp
—
—
John M Minneci
—
Deed Of Trust
related
$140,000 · Loancity Com
—
—
Kenneth J Buckery
—
Deed Of Trust
related
$184,100 · Alpha Mortgage Corp
—
—
Raymond P Soporowski JR.
—
Deed Of Trust
related
$10,000 · Bank Of America
—
—
Jerome K Johnson JR.
—
Deed Of Trust
related
$50,000 · East Carolina Bank
—
—
James T Anderson
—
Deed Of Trust
related
$220,000 · Charles Schwab Bank NA
—
—
John R Williams
—
Deed Of Trust
related
$100,000 · Bank Of America
—
—
Carolyn S Strickland
—
Deed Of Trust
related
$104,000 · Cunningham & Co
—
—
Joy K Alford-brand
—
Deed Of Trust
related
$148,000 · Alpha Mortgage Corp
—
—
Harry Vanvelsor
—
Deed Of Trust
related
$250,000 · Newbridge Bank
—
—
Raymond P Soporowski JR.
—
Deed Of Trust
related
$65,000 · Bank Of America
—
—
Linda R Collins
—
Deed Of Trust
related
$106,000 · Branch Banking & Trust Co
—
—
Claudia C Gillen
—
Deed Of Trust
related
$52,000 · Navy FCU
—
—
George H Reaves
—
Deed Of Trust
related
$100,000 · Bank Of America
—
—
Nathan V Moseley
—
Deed Of Trust
related
$161,000 · Alpha Mortgage Corp
—
—
Frederick A Lupton III
—
Deed Of Trust
related
$141,600 · First Citizens Bank & Trust Co
—
—
Lee C Biggar
—
Deed Of Trust
related
$83,000 · Rbc Centura Bank
—
—
Kathi M Smith
—
Deed Of Trust
related
$94,000 · Wachovia Bank NA
—
—
Nathan V Moseley
—
Deed Of Trust
related
$162,100 · Alpha Mortgage Corp
—
—
Raymond P Soporowski JR.
—
Deed Of Trust
related
$15,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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