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    Property profile & analytics

    3834 Oleander Dr Wilmington, NC 28403-6715

    • Strip malls
    • 4,802 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US53-2089099
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Refinery Church / Church
    • The Music School of Wilmington / Music School
    • Kickstart Collective / Marketing Agency
    • One Christian Network / Community Center
    • Music Instruction Birth To 4 / Music Instructor

    Property Details for 3834 Oleander Dr

    Year built
    1970
    Construction
    CONCRETE
    Lot size
    0.11 lot acres
    Property size
    4,802 SF
    Zone code
    RB,REGIONAL BUSINESS
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    R05517-006-003-002
    APU
    R05517006003002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $370,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $280,000
      7%
      $285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $310,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $340,000
      Retail
      $255,000
      Mixed-Use
      $300,000
      Hospitality
      $270,000
      Educational
      $325,000
      Residential Income
      $335,000
      Energy
      $320,000
      Income-Based Land
      $305,000
      Food Service
      $275,000

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.9002
    Latitude
    34.2133
    CBSA code
    48900
    CBSA name
    WILMINGTON, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,557
    $0.00
    $421,000
    $421,000
    -
    $0.00
    $421,000
    $421,000

    Comparable in this City

    • Value Estimation by Request
      12,880 SF

      260 Racine Dr

      SHOPPING CENTER, STRIP CENTER • 12,880 SF
      260 Racine Dr, Wilmington, NC 28403-8703
      View Details
    • Value Estimation by Request
      4,337 SF

      5709 Oleander Dr, Unit A

      SHOPPING CENTER, STRIP CENTER • 4,337 SF
      5709 Oleander Dr, Wilmington, NC 28403-4713
      View Details
    • Value Estimation by Request
      20,400 SF

      420 Eastwood Rd

      SHOPPING CENTER, STRIP CENTER • 20,400 SF
      420 Eastwood Rd, Wilmington, NC 28403-1869
      View Details
    • Value Estimation
      $105,000
      7,080 SF

      4545 Fountain Dr

      SHOPPING CENTER, STRIP CENTER • 7,080 SF
      4545 Fountain Dr, Wilmington, NC 28403-2919
      View Details
    • Value Estimation by Request
      960 SF

      4514 Fountain Dr

      SHOPPING CENTER, STRIP CENTER • 960 SF
      4514 Fountain Dr, Wilmington, NC 28403-2918
      View Details
    • Value Estimation by Request
      960 SF

      4516 Fountain Dr

      SHOPPING CENTER, STRIP CENTER • 960 SF
      4516 Fountain Dr, Wilmington, NC 28403-2918
      View Details

    Similar Nearby for Sale

    • $9,477,000
      16,091 SF

      Leased Retail Center For Sale

      Fully leased retail strip center in Wilmington, North Carolina.
      3534 Oleander Dr, Wilmington, NC 28403
      View Details
    • $5,500,000
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      Retail Property on College Road

      7,763 sqft retail property on 1.26 acre lot.
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      3500 sq ft building in prime location, GB Zoning.
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      Market Street Income Property

      Two-tenant retail building with high visibility and occupancy history.
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      Multifunctional Property in Central Wilmington

      Centrally located property with high visibility and development potential.
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    • $2,999,900

      Landmark Restaurant and Bar Property

      Two adjoining commercial properties with a turnkey restaurant and bar.
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    Similar Nearby for Lease

    • Contact for pricing
      8,343 SF

      Retail Space in University Centre

      Retail space available in Wilmington's University Centre shopping center.
      322-412 South College Rd, Wilmington, NC 28403
      View Details
    • Contact for pricing
      8,500 SF

      Retail Space Near University

      Retail space available in shopping center near University of Carolina.
      200 Racine Dr, Wilmington, NC 28403
      View Details
    • Contact for pricing
      12,320 SF

      Retail Space in University Centre

      Retail space available in a high-traffic Wilmington shopping center.
      412 College Rd, Wilmington, NC 28403
      View Details
    • Contact for pricing

      Retail Space in Wilmington, NC

      Retail property with high visibility in a major retail corridor.
      Wilmington, NC 28403
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in University Centre

      Retail space available in a high-traffic Wilmington location.
      352 South-25 College Rd, Wilmington, NC 28403
      View Details
    • Contact for pricing
      6,009 SF

      Retail Space Near Independence Mall

      Retail space with high visibility near Wilmington's Independence Mall.
      1303 Independence Blvd, Wilmington, NC 28403
      View Details
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    Wilmington, NC 28403-6715
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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