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Property summary
This exceptional retail property, located at 5000 Market Street in Wilmington, North Carolina, offers a unique investment opportunity. The 6.33-acre site boasts three buildings totaling 91,637 square feet, situated on a high-traffic corridor averaging 35,000 vehicles daily. Currently, the property features six suites, with 38,549 square feet of vacant space available for lease. The minimum divisible space is 1,931 square feet, while a maximum of 38,549 contiguous square feet is available. … This flexible space, previously occupied by Miller-Motte College, a regional technical college, can be leased as-is or converted to a "vanilla box" format to suit larger tenants' needs. The property's prime location on Market Street places it near major retailers such as Costco, Target, Walmart, and Academy Sports, ensuring high visibility and foot traffic. Built in 1972, the single-story buildings offer convenient access and ample space. The property's proximity to I-40, S. Kerr Avenue, and N. College Road further enhances its accessibility and desirability. This is an excellent opportunity to establish a presence in a thriving Wilmington retail market. The property is less than one mile from I-40 and strategically positioned between S. Kerr Ave. and N. College Road. Miller-Motte College, occupying approximately 41,400 square feet, remains a significant tenant on the property.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 17 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 37,860 SF
- Lot area
- 6.33 ac
- Year built
- 1972
- Stories
- 1
- APN
- R04915-002-009-000
- Zoning
- RB,REGIONAL BUSINESS
- Assessed value · 2023
- $7,189,300
- Annual tax · 2023
- $60,750
- Auto Repair, Garage
- Retail Stores
- Office Building
- Warehouse, Storage
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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