Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

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

· Nov 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved