Property profile

3806 Cherry Ave Wilmington, NC 28403

OFF-MARKET
Commercial real estate
Property ID
US53-1096497
3,924 SF 0.65 ac lot Built 1957
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1957
Total area 3,924 SF
Lot 0.65 ac (28,314 SF)
Zoning code O&I-1
APN R05518-001-006-000
UPID US53-1096497

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Daycare Center
  • Physician Medical Clinic
  • Medical Clinic
  • Daycare Center

Location

3806 Cherry Ave Wilmington, NC 28403-6208
Wilmington metro Census 10503 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$703k
Blend (final) Blend
$295k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

O&I-1 · Wilmington, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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