3101 Princess Place Dr, Wilmington, NC 28405
For Sale
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This exceptional commercial property, located at 3101 PRINCESS PLACE Drive in Wilmington, North Carolina, presents a unique investment opportunity. Boasting a generous 3,598 square feet of space, this property sits on a sizable 0.31-acre lot, offering ample room for expansion or outdoor utilization. The building's versatile "Other" property type allows for a wide range of potential uses, making it ideal for businesses seeking a flexible and adaptable space. The asking price is $700,000, representing a compelling value in the thriving Wilmington commercial real estate market. Its prime location on Princess Place Drive offers excellent visibility and accessibility, ensuring high traffic and potential for strong returns. The property's size and location make it suitable for a variety of commercial ventures, from retail establishments to offices or specialized businesses. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Further details regarding the property's specific features and zoning regulations are available upon request. Don't miss this chance to acquire a significant commercial asset in a dynamic and growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CB,COMMUNITY BUSIN · Wilmington, NCWilmington. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.