Property profile

5 12th St Wilmington, NC 28401

OFF-MARKET
Specialty properties
Property ID
US53-2079940
1,500 SF 0.21 ac lot Built 1981
Individually Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Specialty properties
Use group FUNERAL HOME
Year built 1981
Construction STEEL FRAME
Total area 1,500 SF
Lot 0.21 ac (9,148 SF)
Zoning code UMX
APN R04818-019-009-000
UPID US53-2079940

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5 12th St Wilmington, NC 28401
Wilmington metro Census 10100 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$790k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$925k

Owner & transaction history

since 2023
Last sale
$644,000
7 recorded transactions
2023
$644,000
2022
Price N/A
2019
Price N/A
2017
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

UMX · Wilmington, NC
Zoning description

ustrial District. Sec. 18-200. - AI, Airport Industrial District. Sec. 18-201. - CEM, Cemetery District. Sec. 18-202. - RFMU, Riverfront Mixed Use District. Sec. 18-203. - RO, Residential Office District. Sec. 18-204. -…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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