Financial
Distress signals
Property profile

3241 Pennington Dr Wilmington, NC 28405

OFF-MARKET
Warehouses
Property ID
US53-3815332
211,032 SF 25.35 ac lot Built 2016
Last sale Aug 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$69k
Tax billed · 2024
Assessed value$11.83M
Assessed land$817k
Assessed improvement$11.02M
Effective rate0.58%

Value estimate

· Sep 2026
$20.58M
$18.52M – $22.63M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$247/SF
Submarket average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$96 – $443

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-2,INDUSTRIAL DISTRICT
JurisdictionNEW HANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency15.3
Restaurant12.9
Pharmacy10.7

Location

3241 Pennington Dr Wilmington, NC 28405-8628
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
136 Harley, Wilmington, NC 28405-3606 $2,700,000 Jan 2026 16,218 SF
805 23rd, Wilmington, NC 28405-1801 $7,516,000 Sep 2024 66,434 SF
5744 Market, Wilmington, NC 28405-3502 $5,100,000 Jun 2024 58,032 SF
3229 Pennington, Wilmington, NC 28405-8910 $315,000 Mar 2022 22,666 SF
306 Old Dairy, Wilmington, NC 28405-3766 $2,700,000 Dec 2021 42,340 SF
4608 Coddington, Wilmington, NC 28405-6587 $2,450,000 Mar 2021 30,068 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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