3975 Market St, Unit 4-C Wilmington, NC 28403-1403
Property profile & analytics
3975 Market St, Unit 4-C Wilmington, NC 28403-1403
- Office buildings
- 1,010 SF
Property ID
US53-2306323
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.
Location Intelligence
Current Use by Public Records
- 24 Hour Closing / Law Firm
- NuTrans Health Wilmington / Crisis Center / Medical Clinic
- The Skin I’m In / Spa & Massage Center / Alternative Medicine Practice
- Wake Toxicology Lab - Wilmington / Medical Laboratory / Drug Testing Service
Property Details for 3975 Market St
- Year built
- 1987
- Construction
- CONCRETE
- Property size
- 1,010 SF
- Zone code
- O&I,OFFICE & INSTITUTION
- Property type
- Office buildings
- APN
- R04914-007-005-014
- APU
- R04914007005014
Description
This exceptional investment opportunity presents a 1,652 square foot commercial warehouse located at 3975 Market Street in Wilmington, North Carolina, within New Hanover County (zip code 28403). The property is zoned O&I and features a single-tenant occupancy with two distinct leased spaces. The upper unit (approximately 741 square feet) includes a waiting area, two additional rooms, and a restroom, currently leased on a month-to-month basis. The lower unit (approximately 909 square feet) comprises a waiting area, two restrooms, and five rooms, with a lease extending until February 2025. This well-maintained building offers excellent accessibility, situated on the Market Street corridor, providing convenient access to downtown Wilmington. The property's strong rental income stream makes it an attractive investment prospect for discerning buyers seeking a stable return. The combined square footage of both units totals 1,652 square feet, reflecting the total building size. This is a rare opportunity to acquire a well-located, income-producing commercial property in a thriving North Carolina market. The property's strategic location and existing leases provide immediate cash flow and long-term growth potential. This is an off-market listing.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.8967
- Latitude
- 34.2423
- 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
$1,096
$0.00
$129,700
$129,700
-
$0.00
$129,700
$129,700
