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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Strip malls
3301 Masonboro Loop Rd, Wilmington, NC 28409-3727
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1810818
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2017
Total area
5,063 SF
Lot
2.1 ac (91,476 SF)
Zoning code
MX
APN
R06700-005-151-000
UPID
US53-1810818
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
-
9Round Kickboxing Fitness Gym & Fitness Center
-
Port City Java - Masonboro Loop Cafe & Coffee Shop
-
Star Nails Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$825k
Comparable Approach
Comparable
$589k
Blend (final)
Blend
$775k
Owner & transaction history
Mpg-mansonboro LLC · 7 yrs held
Mpg-mansonboro LLC
since 2018
7 recorded transactions
Zoning & alternative use
MX · Wilmington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.3M
+11.8%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$890,000
6.5%
$825,000
7%
$765,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,115,000
Current use
WAREHOUSE, STORAGE
$1,250,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$775k
Range $698k – $853k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$153 / SF
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 2023Property tax & assessments
Tax year 2023
Tax billed
$7,916
Tax year 2023
Assessed value
$936,800
Assessed 2023
Previous assessed
$936,800
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$226,500
Assessed improvement
$710,300
Land market value
$226,500
Improvement market value
$710,300
Total market value
$936,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2017
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
5,063 SF
Lot
2.1 ac (91,476 SF)
Zoning code
MX
APN
R06700-005-151-000
UPID
US53-1810818
Jurisdiction
NEW HANOVER
Zoning & alternative use
MX · Wilmington, NC
Zoning MX · permitted uses
MX · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
2.1 ac
Current owner
From public records · entity-resolved
Mpg-mansonboro LLC
Entity
Free & Clear · 7 yrs held
Mailing address
3715 NORTHSIDE PKWY NW BLDG 200-650, ATLANTA, GA 30327-2843
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2018
—
Mpg-masonboro LLC
—
Deed
related
$2,059,000 · Miscellaneous Ins Co
Jul 27, 2018
$3,550,000
Mpg-mansonboro LLC
Masonboro Investment Services
Warranty Deed
—
Jul 27, 2018
—
Mpg-masonboro LLC
Masonboro Investment Services
Quit Claim Deed
related
—
Apr 30, 2018
—
Masonboro Invs Svcs LLC
—
Deed
related
$235,000 · First Bk/pa
Mar 10, 2017
—
Masonboro Inv Svcs LLC
—
Deed
related
$2,500,000 · Yadkin Bk
May 17, 2016
—
Masonboro Investment Svcs LLC
—
Deed
related
$2,188,000 · Aquesta Bk
Mar 11, 2015
$2,000,000
Masonboro Investment Svcs LLC
King John W JR|masonboro Retail Partners LLC
Trustees Deed
$1,650,000 · Yadkin Bk
Jul 26, 2010
—
Wilmington City
Masonboro Corner Market Ptrs
Grant Deed
related
—
Feb 23, 2009
—
Masonboro Retail Partners LLC
—
Trustees Deed
related
$53,750 · North State Bank
Jun 21, 2007
—
Masonboro Ventures LLC Etal
Masonboro Ventures LLC
Quit Claim Deed
related
—
Dec 19, 2005
—
Masonboro Corner Market Ptrs
Masonboro Ventures LLC
Quit Claim Deed
related
—
Jun 23, 2005
$10,000
Corner Market Ptrs L Masonboro
Masonboro Ventures LLC
Warranty Deed
related
$805,000 · Branch Banking & Trust Co
—
—
Masonboro Retail Partners LLC
—
Deed Of Trust
related
$775,200 · Robin S Quinn
—
—
Masonboro Investment Svcs LLC
—
Deed Of Trust
related
$1,650,000 · Yadkin Bk
—
—
Masonboro Investment Svcs LLC
—
Deed Of Trust
related
$2,188,000 · Aquesta Bk
—
—
Masonboro Inv Svcs LLC
—
Deed Of Trust
related
$2,500,000 · Yadkin Bk
—
—
Mpg-masonboro LLC
—
Deed Of Trust
related
$2,059,000 · Miscellaneous Ins Co
—
—
Masonboro Invs Svcs LLC
—
Deed Of Trust
related
$235,000 · First Bk/pa
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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