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    OFF-MARKET
    Office buildings

    3975 Market St 4-C, Wilmington, NC 28403-1403

    1,010 SF Built 1987
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US53-2306323
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1987
    Construction CONCRETE
    Total area 1,010 SF
    Zoning code O&I,OFFICE & INSTITUTION
    APN R04914-007-005-014
    UPID US53-2306323
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Plastic Ocean Project INC
    Plastic Ocean Project INC
    since 2025
    Last sale
    $283,000
    4 recorded transactions
    2025
    $283,000
    2022
    $207,500
    2021
    $138,500
    2018
    $95,000
    Zoning & alternative use
    O&I,OFFICE & INSTITUTION · Wilmington, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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