New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,900,000
Community centers
3600 College S Rd, Wilmington, NC 28412-5240
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-0129441
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1983
Construction
CONCRETE
Total area
12,794 SF
Lot
5.25 ac (228,690 SF)
Zoning code
CB,COMMUNITY BUSIN
APN
R06600-001-005-008
UPID
US53-0129441
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 UPS Store Courier Service Postal Service
-
Hanover Cleaners (Bike/Boat/Book/etc) Store
-
Food Lion Grocery & Convenience Store Food Market
-
Midtown Incredible Pizza Restaurant
-
Jones Digital Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.17M
Blend (final)
Blend
$6.90M
Owner & transaction history
Brunswick Dg LLC · 4 yrs held
Brunswick Dg LLC
since 2021
Last sale
$6.9M
3 recorded transactions
Zoning & alternative use
CB,COMMUNITY BUSIN · Wilmington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.2M
+82.6%
Office building
$4.2M
+47.1%
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
$8,170,000
ML approach
$8,460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$5,155,000
Change: +83% · Conversion: Difficult
OFFICE BUILDING
$4,155,000
Change: +47% · Conversion: Moderate
Blend value · Realmo final
$6.90M
Range $6.21M – $7.59M · ±10% · vs last sale $6.85M (Oct 1 2021)
Last sale anchor
$6.85M
Oct 1 2021
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
$539 / 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
Assessed value
$5,240,100
Assessed 2023
Previous assessed
$5,240,100
+0.0% YoY
Assessed land
$1,458,900
Assessed improvement
$3,781,200
Land market value
$1,458,900
Improvement market value
$3,781,200
Total market value
$5,240,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1983
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Bathrooms
4
Total area
12,794 SF
Lot
5.25 ac (228,690 SF)
Zoning code
CB,COMMUNITY BUSIN
APN
R06600-001-005-008
UPID
US53-0129441
Jurisdiction
NEW HANOVER
Zoning & alternative use
CB,COMMUNITY BUSIN · Wilmington, NC
Zoning CB,COMMUNITY BUSIN · permitted uses
CB,COMMUNITY BUSIN · 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
RESTAURANT
Est. value
$5.2M
OFFICE BUILDING
Est. value
$4.2M
RESTAURANT
OFFICE BUILDING
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
1983
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
4
Lot
5.25 ac
Current owner
From public records · entity-resolved
Brunswick Dg LLC
Entity
Mailing address
600 GRN VLY RD STE #202, GREENSBORO, NC 27408-7722
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2021
$6,850,000
Brunswick Dg LLC
Ezy Realty LLC
Warranty Deed
$4,340,000 · Triad Financial Services INC
Jun 26, 2007
$5,200,000
Ezy Realty LLC
Cooper,james P
Warranty Deed
$3,200,000 · Morgan Stanley Mtg Cap Holding
Dec 29, 2005
—
James P Etal Cooper
Pine Valley Comm Ctr 1 LLC
Grant Deed
related
—
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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