305 Chestnut St Wilmington, NC 28401-4019
Property profile & analytics
305 Chestnut St, Wilmington, NC 28401-4019
- Office buildings
- 10,250 SF
- 1.50 lot acres
Property ID
US53-1221681
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
- Wilmington City License Department / City Government Office
- Business Privilege Licenses / City Government Office
- Wilmington Planning Department / City Government Office
- Wilmington City Development / City Government Office
- Wilmington Urban Area Metropolitan Planning Organization / Urban Planning Department
Property Details for 305 Chestnut St
- Year built
- 1959
- Construction
- STEEL & CONCRETE
- Lot size
- 1.50 lot acres
- Zone code
- CBD,CENTRAL BUS DIST
- Property type
- Office buildings
- APN
- R04817-015-003-000
- APU
- R04817015003000
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,315,000
- 6.5%
- $2,135,000
- 7%
- $1,985,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,216,000
Market price range: $844k - $3.22M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,670,000 Current use
- RESTAURANT
- $3,400,000 Change: -7% Conversion: Moderate
- MEDICAL BUILDING
- $3,330,000 Change: -9% Conversion: Easy
- WAREHOUSE, STORAGE
- $3,000,000 Change: -18% Conversion: Difficult
- RETAIL STORES
- $2,980,000 Change: -19% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.9457
- Latitude
- 34.2383
- 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
2022
$0.00
$1,510,400
$5,999,400
$7,509,800
-
$1,510,400
$5,999,400
$7,509,800
