Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

3910 Princess Place Dr A Wilmington, NC 28405

FOR LEASE
Office buildings
Property ID
US53-1316703
3,731 SF 0.58 ac lot Built 1999
Last sale Dec 2025 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This end-unit commercial property comprises 1,861 square feet and was built in 1999. It features block construction and vinyl flooring, with an interior layout that includes a lobby, three oversized rooms, and a separate private office with kitchen space. The property is situated on a 0.58-acre lot and is designated O&I zoning, with a configuration that allows for a variety of room arrangements. As an end unit, it provides additional exterior exposure and natural light, and it includes a fenced…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$443k
Assessed land$69k
Assessed improvement$374k
Effective rate0.63%

Value estimate

· Oct 2026
$350k
$315k – $385k
CAP approach$780k
Submarket $/SF estimate$650k
NOI build-up
Gross scheduled income$39k
Vacancy & credit loss−$7k
Operating expenses−$8k
NOI · 945.40% cap applied$24k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$248/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$174 – $318
Qualifying comparables5

Cap rate analysis

How does the asset earn?
945.40%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
O&I-1
JurisdictionNEW HANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.6
Laundry Service9.5
Dental Office9.2

Location

3910 Princess Place Dr, Unit A Wilmington, NC 28405
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1015 Ashes Dr, Wilmington, NC 28405-8353 $1,027,000 Aug 2025 2,166 SF
4213 Princess Pl, Wilmington, NC 28405-3336 $757,500 Dec 2023 1,984 SF
204 Kerr, Wilmington, NC 28405-3408 $575,000 Jul 2023 2,026 SF
6611 Market, Wilmington, NC 28405-3701 $1,100,000 Feb 2023 1,722 SF
6321 Market, Wilmington, NC 28405-3728 $2,300,000 Apr 2021 5,356 SF
115 Canal, Wilmington, NC 28405-4496 $515,000 Jun 2020 6,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved