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    Property profile & analytics
    OFF-MARKET Estimated value $1,615,000
    Strip malls

    3315 Masonboro Loop Rd, Wilmington, NC 28409-3685

    9,076 SF 1.93 ac lot Built 2005
    Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US53-0090403
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents 1,240 square feet of vacant space within the Courtyard at Masonboro, a thriving neighborhood center located at 3315 Masonboro Loop Rd, Wilmington, NC 28409. The property boasts a total of 19,072 square feet across two single-story buildings, constructed in 2006. Situated on a 2.1-acre lot, this center enjoys a prime location off Masonboro Loop Rd, near Masonboro Sound Rd, providing convenient access to nearby residential communities. The property is zoned MX and has an APN of R06700-005-154-000 in New Hanover County. This high-traffic location makes it ideal for businesses seeking exposure to a dense residential population. The vibrant atmosphere and convenient access contribute to a strong customer base and excellent potential for business growth. The available space offers a chance to establish or expand a retail presence in a thriving Wilmington community. The property's location in the Masonboro submarket ensures high visibility and accessibility.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2005
    Total area 9,076 SF
    Lot 1.93 ac (83,984 SF)
    Zoning code MX
    APN R06700-005-154-000
    UPID US53-0090403
    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
    • The Veggie Wagon - Masonboro Specialty Food Shop
    • The Cardinal Restaurant Restaurant
    • Sudsy Tails DIY Dog Wash Pet Grooming Service
    • Edward Jones - Financial Advisor: Garrett Haney, CRPC™ Financial Advisor
    • PURE by gloss Hair Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.48M
    Comparable Approach Comparable
    $1.45M
    Blend (final) Blend
    $1.62M
    Owner & transaction history
    Mpg-mansonboro LLC · 7 yrs held
    Mpg-mansonboro LLC
    since 2018
    7 recorded transactions
    2018
    2018
    $3.6M
    2018
    2018
    2017
    2015
    $2.0M
    2007
    Zoning & alternative use
    MX · Wilmington, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $2.6M +29.4%
    Retail stores $2.5M +23.6%
    Warehouse, storage $2.2M +11.8%
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