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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Day care centers
4306 Lk Ave, Wilmington, NC 28403-5514
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US53-0789123
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1973
Construction
WOOD FRAME
Total area
7,080 SF
Lot
1.79 ac (77,972 SF)
Zoning code
R-15,RESIDENTIAL DISTRICT
APN
R06110-001-003-000
UPID
US53-0789123
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
-
The Learning Tree Daycare Center Foster Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$385k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$882k
Blend (final)
Blend
$635k
Owner & transaction history
Maynard Holdings LLC · 14 yrs held
Maynard Holdings LLC
since 2011
4 recorded transactions
Zoning & alternative use
R-15,RESIDENTIAL DISTRICT · Wilmington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$995,000
+34.3%
Neighborhood: shopping center
$890,000
+20.2%
Medical building
$865,000
+17.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$740,000
Current use
RETAIL STORES
$995,000
Change: +34% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$890,000
Change: +20% · Conversion: Difficult
MEDICAL BUILDING
$865,000
Change: +17% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$830,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$90 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,879
Tax year 2023
Assessed value
$1,391,400
Assessed 2023
Previous assessed
$1,391,400
+0.0% YoY
Effective rate
0.42%
On assessed value
Assessed land
$188,900
Assessed improvement
$1,202,500
Land market value
$188,900
Improvement market value
$1,202,500
Total market value
$1,391,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1973
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Units
1
Bathrooms
13
Total area
7,080 SF
Lot
1.79 ac (77,972 SF)
Zoning code
R-15,RESIDENTIAL DISTRICT
APN
R06110-001-003-000
UPID
US53-0789123
Jurisdiction
NEW HANOVER
Zoning & alternative use
R-15,RESIDENTIAL DISTRICT · Wilmington, NC
Zoning R-15,RESIDENTIAL DISTRICT · permitted uses
R-15,RESIDENTIAL DISTRICT · Wilmington, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wilmington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$740,000
RETAIL STORES
Est. value
$995,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$890,000
MEDICAL BUILDING
Est. value
$865,000
INDUSTRIAL (GENERAL)
Est. value
$830,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
1
Bathrooms
13
Lot
1.79 ac
Current owner
From public records · entity-resolved
Maynard Holdings LLC
Entity
Mailing address
4306 LK AVE, WILMINGTON, NC 28403-5514
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2011
$450,000
Maynard Holdings LLC
Ib Property Holdings LLC
Grant Deed
related
$506,600 · Branch Banking & Trust Co
Sep 1, 2009
$849,000
Ib Property Holdings LLC
Mcneely Richard P
Trustees Deed
related
—
Aug 24, 2007
—
James L Hall
Hall,sylvia M
Quit Claim Deed
related
—
Mar 1, 2007
$700,000
Willie L Snead
Hall,james L & Sylvia M
Warranty Deed
$800,000 · Interbay Funding LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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